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309 S Coler Ave, Urbana, IL, 61801

4beds
2baths
1,471sqft
$210,000
$143price/sqft
$1,718/moest. monthly cost
$68,720/yrincome needed

About This Home

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.

Getting Around

83
WalkingVery Walkable
65
TransitGood Transit
79
BikeVery Bikeable

Schools

5/10
Leal Elementary SchoolGrades K-50.3 mi
3/10
Urbana Middle SchoolGrades 6-80.7 mi
2/10
Urbana High SchoolGrades 9-120.6 mi

Construction

Condition

  • Year built: 1908

Materials

  • Construction materials: Aluminum Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Finished,Egress Window,Full

Bedroom2

  • Level: Second
  • Area: 99
  • Dimensions: 9X11

Bedroom3

  • Level: Second
  • Area: 99
  • Dimensions: 9X11

Bedroom4

  • Level: Second
  • Area: 90
  • Dimensions: 10X9

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area below ground: 772

Heating & Cooling

  • Heating features: Natural Gas,Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,243
  • Total interior livable area: 1,471 sqft

Kitchen

  • Level: Main
  • Area: 120
  • Dimensions: 10X12

Living Room

  • Level: Main
  • Area: 195
  • Dimensions: 13X15

Master Bedroom

  • Features: Bathroom (Full)
  • Level: Second
  • Area: 120
  • Dimensions: 10X12

Property

Accessibility

  • Accessibility features: No Disability Access

Details

  • Parcel number: 922117107015
  • Special condition: None

Features

  • Stories: 2

Lot

  • Lot size: 4,000 sqft
  • Lot size dimensions: 40X100