309 Coler Avenue, Urbana, Illinois 61801


$199,000

For Sale
Status: Active
Sqft: 1,471
Cost/Sqft: $135
Beds: 4
Baths: 2
Year Built: 1908
Property Taxes: $5,076
Days On Market: 207
Lot Size: 0,00
Map
Street View

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 Specifics

Single Family
—
—
1908
—
—
No
—
Champaign
—
— / Not Applicable
—
—
—
12603714
922117107015

Nearby Schools

NAME: DISTRICT: DISTANCE:
Grade School
Urbana Elementary School
116 —
Middle School
Urbana Middle School
116 Not in DB
High School
Urbana High School
116 Not in DB

Property History

DATE: EVENT: PRICE: SOURCE:
27 Apr, 2023 Sold $150,000 MRED MLS
19 Feb, 2023 Under contract $150,000 MRED MLS
9 Feb, 2023 Listed for sale $150,000 MRED MLS
— Last price change $210,000 MRED MLS
27 Mar, 2026 Listed for sale $210,000 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 4
Bedrooms Above Ground: 4
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 2
Partial Bathrooms: 0
Bathroom Amenities: —
Bathroom in Basement: 0
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: —

Other Specifics

—
—
—
—
—
40X100
—
—
—
—
Not in DB
—
—
—
—

Tax History

Year Property Taxes
2023 $4,160
— $5,076

Nearby Similar Homes

801 Busey Avenue, Urbana, Illinois 61801
For Sale
$199,000
2 beds / 1.1 baths / 1,100 ft2
Single Family / Built: 1935
10

708 High Street, Urbana, Illinois 61801
For Sale
$230,000
3 beds / 2.0 baths / 1,071 ft2
Single Family / Built: 1913
208

506 W California Avenue, Urbana, Illinois 61801
For Sale
$639,900
4 beds / 3.1 baths / 3,374 ft2
Single Family / Built: 2012
124

711 California Avenue, Urbana, Illinois 61801
For Sale
$330,000
4 beds / 2.0 baths / 1,941 ft2
Single Family / Built: 1908
15

1103 Coler Avenue, Urbana, Illinois 61801
For Sale
$127,900
3 beds / 1.0 baths / 1,055 ft2
Single Family / Built: 1955
46

305 W. Illinois Street, Urbana, Illinois 61801
For Sale
$389,900
5 beds / 2.0 baths / 2,513 ft2
Single Family / Built: 1893
139

Nearby Sold Comparables

306 Coler Ave, Urbana, Illinois 61801
Sold
$149,900
3 beds / 2.0 baths / 1,378 ft2
Single Family / Built: —
3799

304 Coler Ave, Urbana, Illinois 61801
Sold
$59,900
0 beds / 2.0 baths / 692 ft2
Single Family / Built: 1946
3799

608 Main, Urbana, Illinois 61801
Sold
$149,900
4 beds / 2.0 baths / 2,210 ft2
Single Family / Built: 1874
5515

608 Main Street, Urbana, Illinois 61801
Sold
$199,000
4 beds / 2.0 baths / 2,210 ft2
Single Family / Built: 1874
2328

608 Main Street, Urbana, Illinois 61801
Sold
$275,000
4 beds / 2.0 baths / 2,210 ft2
Single Family / Built: 1874
750

606 Main Street, Urbana, Illinois 61801
Sold
$131,000
4 beds / 2.0 baths / 2,302 ft2
Single Family / Built: 1875
3961


Contact Agent

Listing Provided By

JOEL WARD HOMES, INC