# 309 S Coler Avenue, Urbana, IL 61801

> **TL;DR:** 4bd/2ba single family, $199,000 ($135/sqft), built 1908, 1,471 sqft.
> Fireplace, A/C. Est. $1,064/mo. Listed 221 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $199,000 |
| Price/sqft | $135 |
| Bedrooms | 4 |
| Bathrooms | 2 full |
| Square Feet | 1,471 |
| Year Built | 1908 |
| Stories | 2 |
| Property Type | Single Family (Other) |
| Status | Active |
| Days on Market | 221 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $1,006 |
| Estimated Insurance | $58 |
| **Total** | **$1,064** |

## Nearby Schools

- **Elementary:** Urbana Elementary School
- **Middle:** Urbana Middle School
- **High:** Urbana High School

## Key Amenities

- Fireplace
- A/C

## Property Highlights

- Built in 1908
- 2 stories
- Fireplace

## Description

### Agent 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.

## Location

- **Address:** 309 S Coler Avenue, Urbana, IL 61801
- **County:** Champaign
- **Coordinates:** 40.110115, -88.216336
- **Google Maps:** https://www.google.com/maps?q=40.110115,-88.216336

## Listing Agent

- **Name:** Nicholas Ward
- **Brokerage:** Joel Ward Homes, Inc.
- **Broker Phone:** (217) 355-4999
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/309-S-Coler-Ave_Urbana_IL_61801_M88502-32804?f=listhub&s=MREDIL&m=12603714&c=propsimple)

## Photos

![309 S Coler Avenue - Photo 1](http://lh.rdcpix.com/a8bcd70e447b9f2327640df893580095l-f4106071050r.jpg)

![309 S Coler Avenue - Photo 2](http://lh.rdcpix.com/a8bcd70e447b9f2327640df893580095l-f4035553133r.jpg)

![309 S Coler Avenue - Photo 3](http://lh.rdcpix.com/a8bcd70e447b9f2327640df893580095l-f2060437337r.jpg)

![309 S Coler Avenue - Photo 4](http://lh.rdcpix.com/a8bcd70e447b9f2327640df893580095l-f2574018488r.jpg)

![309 S Coler Avenue - Photo 5](http://lh.rdcpix.com/a8bcd70e447b9f2327640df893580095l-f1225615703r.jpg)

![309 S Coler Avenue - Photo 6](http://lh.rdcpix.com/a8bcd70e447b9f2327640df893580095l-f424201978r.jpg)

![309 S Coler Avenue - Photo 7](http://lh.rdcpix.com/a8bcd70e447b9f2327640df893580095l-f2889736431r.jpg)

![309 S Coler Avenue - Photo 8](http://lh.rdcpix.com/a8bcd70e447b9f2327640df893580095l-f3993352554r.jpg)

![309 S Coler Avenue - Photo 9](http://lh.rdcpix.com/a8bcd70e447b9f2327640df893580095l-f212654108r.jpg)

![309 S Coler Avenue - Photo 10](http://lh.rdcpix.com/a8bcd70e447b9f2327640df893580095l-f818823027r.jpg)

---

**MLS#:** 12603714 | **Updated:** 2026-10-27
**Source:** listhub

*Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/309-s-coler-avenue-urbana-il-61801-d73f32af1c244034b0afc14ae14caf8c)

---

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