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$210,000
$1,150Reward *
309 S Coler Avenue, Urbana, IL 61801Listing ID 12603714

309 S Coler Avenue, Urbana, IL 61801

Contingent
Urbana
Time on site: 141 days • Last updated: Jul 27, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
-
Bedrooms
Bedrooms
4
Bathrooms
Bathrooms
2
Square Feet
Square Feet
1,471
Days on Site
Days on Site
141
Cooling
Cooling
Central Air
Heating
Heating
Natural Gas, Forced Air
Year Built
Year Built
1908

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.

Property Information

Property Details

Location

Address
309 S Coler Avenue
County
Champaign
City
Urbana
Zip Code
61801
Subdivision
Urbana
School District
116
High School
Urbana High School
Elementary School
Urbana Elementary School
MLS Area
Urbana

Interior Features

Beds and Baths

Bedrooms
4
Full Bathrooms
2

Building

Building Information

Square Feet
1,471
Year Built
1908
Construction
Aluminum Siding

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$5,076
Tax Year
2024

Homeowner Association

HOA Fee Frequency
Not Applicable
JOEL WARD HOMES, INC

Market Report for 61801

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MRED
MRED logo

Based on information submitted to the MLS GRID as of 15 Aug 2026, 12:57 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

MRD952607