Urbana, IL 61801 309 S Coler Avenue
$210,000



5 more





Presented By: JOEL WARD HOMES, INC
Home Details
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.
Presented By: JOEL WARD HOMES, INC
Interior Features for 309 S Coler Avenue
Bedrooms
Bedrooms Possible4
Total Bedrooms4
Bathrooms
Half Baths0
Total Baths2
Other Interior Features
LivingAreaSourceAppraiser
BasementFinished, Egress Window, Full
Below Grade Finished Area772
Total Fireplaces1
Other Rooms
Room TypeNo additional rooms
General for 309 S Coler Avenue
Assoc Fee Paid PerNot Applicable
Association Fee IncludesNone
CityUrbana
Construction MaterialsAluminum Siding
CoolingCentral Air
CountyChampaign
DirectionsHome is located on Coler Ave.
Elementary SchoolUrbana Elementary School
Elementary School District116
Full Baths2
HeatingNatural Gas, Forced Air
High SchoolUrbana High School
High School District116
Living Area1471
MLS AreaUrbana
Middle/Junior High SchoolUrbana Middle School
Middle/Junior School District116
New ConstructionNo
OwnershipFee Simple
PossessionClosing
Property TypeResidential
Property TypeDetached Single
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount5075.58
Tax Year2024
Total Rooms6
TownshipCunningham
Year Built1908
Exterior for 309 S Coler Avenue
Lot Dimensions40X100
Total Parking
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Urbana High School
Elementary School
Urbana Elementary School
Middle School
Urbana Middle School

SQFT • 1,471