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