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About This Home
This 4-bedroom, 2-bathroom single family at 309 S Coler Avenue in Urbana, IL is listed for $210,000 ($143 per sqft). Built in 1908, the home offers 1,471 sqft of living space on a N/A lot.
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.
Key Features
- Built in 1908
- 2 stories
- Fireplace
Property Details
Amenities
Monthly Cost Estimate
$1,123/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
309 S Coler Avenue
Urbana, IL 61801
Property Details
Construction
Heating
Cooling
Questions & Answers
This 4-bedroom, 2-bathroom single family at 309 S Coler Avenue is listed at $210,000 ($143/sqft). The estimated monthly payment is $910 based on 20% down at 6.5% interest.
Key features include: Built in 1908, 2 stories, Fireplace.
This property is listed by Nicholas Ward and can be reached at (217) 355-4999 or nick@joelwardhomes.com.
