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 Details
Price:
$210,000
MLS #:
MRD12603714
Status:
Active
Beds:
4
Baths:
2
Type:
Single Family
Neighborhood:
urbana
Listed Date:
Mar 27, 2026
Finished Sq Ft:
1,471
Year Built:
1908
See this Listing
Schools
School District:
116
Elementary School:
Urbana Elementary School
Middle School:
Urbana Middle School
High School:
Urbana High School
Interior
Bathrooms
2 Full Bathrooms
Below Grade Finished Area
772
Cooling
Central Air
Fireplaces Total
1
Heating
Natural Gas, Forced Air
Exterior
Construction Materials
Aluminum Siding
Financial
HOA Fee Frequency
Not Applicable
HOA Includes
None
Tax Year
2024
Taxes
$5,076
Map
Community
- Address309 S Coler Avenue Urbana IL
- CityUrbana
- CountyChampaign
- Zip Code61801
Market Summary
Current real estate data for Single Family in Urbana as of Jun 15, 2026
123
Single Family Listed
55
Avg DOM
177
Avg $ / SqFt
$331,444
Avg List Price
Property Summary
- 309 S Coler Avenue Urbana IL is a Single Family for sale in Urbana, IL, 61801. It is listed for $210,000 and features 4 beds, 2 baths, and has approximately 1,471 square feet of living space, and was originally constructed in 1908. The current price per square foot is $143. The average price per square foot for Single Family listings in Urbana is $177. The average listing price for Single Family in Urbana is $331,444.
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309 S Coler Avenue
Urbana, IL