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.
Property Features
Heating Information
Natural Gas
Forced Air
Basement
Finished
Full
Cooling Information
Central Air
Water Features
Public
School Information
School Information for 309 S Coler Avenue, Urbana, IL 61801
Elementary School
Urbana Elementary School
Middle School
Urbana Middle School
High School
Urbana High School
Listing Courtesy: JOEL WARD HOMES, INC
Based on information submitted to the MLS GRID as of 2026-04-01 23:52:40. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2026-04-01 23:52:40
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Neighborhood Market Statistics
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Midwest Real Estate Data.
EXIT REALTY REDEFINED
1275 E. Butterfield Rd Suite 200, Wheaton, IL 60189