Active
309 Coler Avenue
Urbana, IL 61801
$210,000
4beds
2baths
1,471sqft
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About this home
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.
MLS Description — as provided by the listing brokerage.
The facts
Property typeResidential
Year built1908
Fireplaces1
Lot size—
Annual tax$5,075.58
CountyChampaign
MLS #MRD12603714
Days on market11
Schools
ElementaryUrbana Elementary School
Middle / JuniorUrbana Middle School
High schoolUrbana High School
Features
Heating
Natural GasForced Air
Cooling
Central Air
Construction
Aluminum Siding
Sewer
Public Sewer
Listed by
JOEL WARD HOMES, INC
Nicholas Ward · 217-840-0388
Listing courtesy of mred MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 4/6/2026, 1:01:01 PM. All data should be independently verified.
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