309 S Coler AVE, Urbana, IL 61801
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309 S Coler AVE, Urbana, IL 61801
309 S Coler AVE, Urbana, IL 61801
309 S Coler AVE, Urbana, IL 61801
309 S Coler AVE, Urbana, IL 61801
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Greg Vinn

Greg Vinn

+1(773) 454-5660
Listed by Nicholas Wardof JOEL WARD HOMES, INC
$ 210,000
Est. payment /mo
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Active Under Contract

309 S Coler AVE Urbana, IL 61801

4 Beds

2 Baths

1,471 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached Single

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,471 sqft

Price per Sqft $142

MLS Listing ID 12603714

Bedrooms 4

Full Baths 2

Year Built 1908

Annual Tax Amount $5,075

Tax Year 2024

Lot Dimensions 40X100

Property Sub-Type Detached Single

Property 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.

Location

State IL

County Champaign

Rooms

Basement Finished, Egress Window, Full

Interior

Heating Natural Gas, Forced Air

Cooling Central Air

Fireplaces Number 1

Fireplace Y

Exterior

View Y/N true

Building

Story 2 Stories

Sewer Public Sewer

Water Public

Structure Type Aluminum Siding

New Construction false

Schools

Elementary Schools Urbana Elementary School

Middle Schools Urbana Middle School

High Schools Urbana High School

School District 116, 116, 116

Others

HOA Fee Include None

Ownership Fee Simple

Special Listing Condition None

Midwest Real Estate Data (MRED) VOW
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Greg Vinn

Greg Vinn

Licensed Real Estate Agent

+1(773) 454-5660

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309 S Coler AVE