403 Coler Avenue, Urbana, Illinois 61801
$190,000
|
Sold
|
|
| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 4 |
| Baths: | 0 |
| Year Built: | 1940 |
| Property Taxes: | $6,131 |
| Days On Market: | 727 |
| Lot Size: | 0,00 |
Description
This is a coveted location that always rents easily. This property has been cared for by the owner and it shows. 403 Coler is a 2 unit property with newer kitchens, fresh and interesting interiors, a spiral staircase, and a loft apartment. Easy to rent. Rented through 7/24. The front unit is a one 3bedroom 1bathroom and rents for 1,100 per month. The backside unit is a loft apartment that rents for 700 per month. Each unit has a parking space and separate entrances. Shared laundry in the basement. Tenants pay their own Heat/Gas/electric and wifi. This is a low maintenance cash flowing investment property in a great neighborhood that I would argue is currently under rented. Close to campus yet tucked into West Urbana. Most comparable 1bedroom units rent for 895 and comps for 3bedroom units range in the 500 per bedroom range. This is a well above average rental with significant cashflow upside for 24-25. Don't miss this!
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1940 | |
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| — | |
| No | |
| — |
| Champaign | |
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| — / — | |
| — | |
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| — | |
| 11887452 | |
| 922117108014 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
Grade School
Leal 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: |
|---|---|---|---|
| 10 Feb, 2024 | Sold | $190,000 | MRED MLS |
| 9 Nov, 2023 | Under contract | $194,000 | MRED MLS |
| — | Last price change | $199,000 | MRED MLS |
| 27 Sep, 2023 | Listed for sale | $199,000 | MRED MLS |
Room Specifics
Total Bedrooms: 4
Bedrooms Above Ground: 4
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 2
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: Unfinished
Other Specifics
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| 49.5 X 57.71 | |
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| Not in DB | |
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| — | |
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| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2024 | $6,131 |
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Listing Provided By
Weiner Co., Ltd.
