309 S Coler Avenue, Urbana, IL

$199,000

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4

Beds

2

Baths

1,471

Square feet

About 309 S Coler Avenue

Excellent near-campus investment opportunity with stable rental income and strong long-term appeal. Located in a desirable area close to campus, this property is well positioned for consistent tenant demand and dependable cash flow. The current lease generates $1,575 per month through July 2026, with rent increasing to $1,665 per month through July 2027, offering immediate income and scheduled revenue growth. Ideal for investors searching for a reliable near-campus rental property, income-producing asset, or well-located addition to a real estate portfolio.

Features of 309 S Coler Avenue

MLS® # 12603714
Price $199,000
Bedrooms 4
Bathrooms 2.00
Full Baths 2
Square Footage 1,471
Year Built 1908
Type Residential
Sub-Type Detached Single
Status Price Change

Community Information

Address 309 S Coler Avenue
Area Urbana
City Urbana
County Champaign
State IL
Zip Code 61801

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Natural Gas, Forced Air
Cooling Central Air
Fireplace Yes
# of Fireplaces 1
Stories 2 Stories
Has Basement Yes
Basement Finished, Egress Window, Full

Exterior

Exterior Aluminum Siding

School Information

District 116
Elementary Urbana Elementary School
Middle Urbana Middle School
High Urbana High School

Additional Information

Days on Market 167
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees Freq. Not Applicable

Listing Details

OfficeJOEL WARD HOMES, INC

Listing Map