309 S Coler Avenue, Urbana, IL 61801

Urbana
Local realty services provided by:Better Homes and Gardens Real Estate Connections
309 S Coler Avenue,Urbana, IL 61801
$199,000
  • 4 Beds
  • 2 Baths
  • 1,471 sq. ft.
  • Single family
  • Active
Listed by: nicholas ward
Office: joel ward homes, inc
MLS#:12603714
Source:MLSNI

Price summary

  • Price:$199,000
  • Price per sq. ft.:$135.28

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.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1908
  • Listing ID #:12603714
  • Updated:September 29, 2026 at 11:44 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:6
  • Basement Description:Egress Window, Finished, Full
  • Living area:1,471 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air, Natural Gas
  • Central air:Yes

Structure and exterior

  • Year built:1908
  • Building area:1,471 sq. ft.
  • Levels:2 Story

Schools

  • High school:Urbana High School
  • Middle school:Urbana Middle School
  • Elementary school:Urbana Elementary School

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$199,000
  • Price per sq. ft.:$135.28
  • Tax amount:$5,076 (2024)
MLS LogoCopyright 2026 Midwest Real Estate Data LLC. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Listing information is deemed reliable but not guaranteed.

New listings near 309 S Coler Avenue