309 S Coler Avenue, Urbana, IL 61801

• 4 beds |
• 2 baths |
• 1,471 sqft

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.

Listing Status:

Active

Data Last Updated:

April 4, 2026 at 3:19PM

Listing Office:

JOEL WARD HOMES, INC : 217-355-4999

Listing Agent:

Nicholas Ward : 217-840-0388

MLS ID:

12603714

Interior

• Rooms: No additional rooms
• Basement: FinishedEgress WindowFull
• A/C: Central Air
• Heating: Natural GasForced Air
• Fireplace: Fireplaces: 1
• Disability Feature: None

Exterior

• Parking: Parking spaces: 0

Construction

• General: 2 Stories

Location

• HOA Amenities: Not Applicable
• Originating MLS: mred
• School District: 116
• County: Champaign

Lot

• Zoning: 922117107015

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: mred
• Ownership: Fee Simple