BEDS4
BATHS2 full
SQUARE FEET1,471
MLS#12603714
STATUSNew
PROPERTY TYPEResidential - Single Family
SCHOOLDistrict 116
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.
Property Features
Property Type: Residential - Single Family
Basement: Yes
Basement: Finished, Egress Window, Full
Cooling: Central Air
Fireplaces: 1
Heating: Natural Gas, Forced Air
Lot Size: 0.09 Acres
Taxes: $5,075
Year Built: 1908
Feature Descriptions
Additional rooms: No additional rooms
Association Includes: None
Exterior: Aluminum Siding
Lot Dimensions: 40X100
Parcel#: 922117107015
Sewer: Public Sewer
Total Rooms: 6
Township: Cunningham
Water: Public
Room Sizes
Bedroom 2: 9X11
Bedroom 3: 9X11
Bedroom 4: 10X9
Kitchen: 10X12
Living Room: 13X15
Primary Bedroom: 10X12
Local Schools
High School: Urbana High School
Middle School: Urbana Middle School
Elementary School: Urbana Elementary School
School District: District 116
Listed By / Shown By
Listed By
Agency Name: JOEL WARD HOMES, INC
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
Estimate Your Payment
Estimated Payment
$ 951.54 per month $467.37 Principal & Interest $422.92 Property Tax $61.25 Homeowner's InsuranceChange Payment Information
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309 S Coler Avenue | MLS# 12603714
This single family home located at 309 S Coler Avenue , Urbana, IL 61801 is currently listed for sale with an asking price of $210,000. This property was built in 1908 and has 4 bedrooms and 2 full baths with 1471 sq. ft. S Coler Avenue is located within the District 116 school district. Search Urbana real estate on www.bhhscrosby.com today.