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The Story

309 South Coler Avenue

Urbana, IL 61801 · 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.

Facts & Features

Property Info

Price
$199,000
Completion Year
1,908
Living Space
1,471 sq ft
Bedrooms
4
Bathrooms
2

Features & Amenities

Fireplace

1 fireplace

Basement

Yes

Cooling

Central Air

Heating

Natural Gas, Forced Air

Water Source

Public

Sewer

Public Sewer

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Listing Broker

JOEL WARD HOMES, INC

Broker Name

JOEL WARD HOMES, INC

Address

3111 Village Green Pl

Agent

Nicholas Ward

Phone

(217) 355-4999

Email

nick@joelwardhomes.com

Location

Champaign IL 61822