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

Description

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.

  • Listing Courtesy of: JOEL WARD HOMES, INC

Details

Updated on July 24, 2026 at 10:03 am
  • Property ID MRD12603714
  • Price $210,000
  • Property Size 1471 Sq Ft
  • Bedrooms 4
  • Bathrooms 2
  • Year Built 1908
  • Property Type Single Family
  • Property Status Active
  • Parcel Number 922117107015
  • Water Source Public
  • Sewer Public Sewer
  • MLS Status Active
  • Days On Market 119
  • Fire Places Total 1
  • Cumulative Days On Market 30
  • Tax Annual Amount 5075.58
  • Cooling Central Air
  • Heating Natural Gas,Forced Air
  • Directions Home is located on Coler Ave.
  • Association Fee Frequency Not Applicable
  • Address 309 S Coler Avenue
  • City Urbana
  • State/county IL
  • Zip/Postal Code 61801
  • Country United States

Overview

Property ID: MRD12603714
  • Single Family
  • Property Type
  • 4
  • Bedrooms
  • 2
  • Bathrooms
  • 1471 Sq Ft
  • Area Size
  • 1908
  • Year Built

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