by Crawford Realty LLC

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309 S Coler Avenue
Urbana, IL, 61801
$199,000
4 Beds
2 Baths
1,471 SqFt
0 Acres
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MLS #MRD12603714 image #0
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:
$199,000
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
UrbanaUrbanaUrbana Elementary SchoolUrbana Middle SchoolUrbana High School

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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

Market Summary

Current real estate data for Single Family in Urbana as of Oct 05, 2026
116
Single Family Listed
68
Avg DOM
176
Avg $ / SqFt
$321,862
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 $199,000 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 $135. The average price per square foot for Single Family listings in Urbana is $176. The average listing price for Single Family in Urbana is $321,862.

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disclosure
Courtesy of JOEL WARD HOMES, INC. Disclaimer: Based on information submitted to the MLS GRID as of Oct-05-2026 1:00:09 pm. 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.

Copyright 2026. All rights reserved.
Rover IDX
309 S Coler Avenue
Urbana, IL