Active

$210,000

309 S Coler Ave, Urbana, IL 61801

4beds

1,471sqft

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Single Family Residence

Built in 1908

4,000 Square Feet Lot

$202,700 Zestimate^®

$143/sqft

$-- HOA

What's special

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.

100 days

399

10

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: No additional rooms

Primary bedroom

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

Bedroom 2

Level: Second
Area: 99 Square Feet
Dimensions: 9X11

Bedroom 3

Level: Second
Area: 99 Square Feet
Dimensions: 9X11

Bedroom 4

Level: Second
Area: 90 Square Feet
Dimensions: 10X9

Kitchen

Level: Main
Area: 120 Square Feet
Dimensions: 10X12

Living room

Level: Main
Area: 195 Square Feet
Dimensions: 13X15

Heating

Natural Gas, Forced Air

Cooling

Central Air

Features

Basement: Finished,Egress Window,Full
Number of fireplaces: 1

Interior area

Total structure area: 2,243
Total interior livable area: 1,471 sqft
Finished area below ground: 772

Property

Accessibility

Accessibility features: No Disability Access

Features

Stories: 2

Lot

Size: 4,000 Square Feet
Dimensions: 40X100

Details

Parcel number: 922117107015
Special conditions: None

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Aluminum Siding

Condition

New construction: No
Year built: 1908

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

HOA

Services included: None

Location

Region: Urbana

Financial & listing details

Price per square foot: $143/sqft
Tax assessed value: $147,630
Annual tax amount: $5,075
Date on market: 3/27/2026
Ownership: Fee Simple

Estimated market value

$202,700

$193,000 - $213,000

$2,125/mo

Price history

Date	Event	Price
3/27/2026	Listed for sale	$210,000+40%$143/sqft
Source: MRED as distributed by MLS GRID #12603714 Report a problem
4/30/2024	Listing removed	--
Source: Zillow Rentals Report a problem
4/5/2024	Listed for rent	$1,575-12.5%$1/sqft
Source: Zillow Rentals Report a problem
4/27/2023	Sold	$150,000-6.3%$102/sqft
Source: MRED as distributed by MLS GRID #11785400 Report a problem
3/12/2021	Listing removed	--
Source: Zillow Rental Manager Report a problem
11/19/2020	Listed for rent	$1,800-2.7%$1/sqft
Source: Owner Report a problem
2/3/2020	Listing removed	$1,850$1/sqft
Source: Zillow Rental Manager Report a problem
9/18/2019	Price change	$1,850+23.7%$1/sqft
Source: Zillow Rental Manager Report a problem
5/21/2019	Price change	$1,495-19.2%$1/sqft
Source: Zillow Rental Manager Report a problem
2/11/2019	Listed for rent	$1,850$1/sqft
Source: Zillow Rental Manager Report a problem
10/11/2018	Sold	$160,000$109/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$5,076 +6.3%	$49,210 +9.6%
2023	$4,776 +6.7%	$44,900 +8.6%
2022	$4,476 +7.6%	$41,350 +7.3%
2021	$4,160 +3.4%	$38,540 +3%
2020	$4,025 +3.4%	$37,420
2019	$3,893	$37,420 -0.7%
2018	$3,893 -3.3%	$37,680
2017	$4,027 +3.6%	$37,680 +3%
2016	$3,888	$36,580
2015	$3,888 +3.7%	$36,580 +3.5%
2014	$3,748 -0.7%	$35,350 -2%
2013	$3,774 -40.9%	$36,070
2012	$6,382 +100%	$36,070
2011	$3,191 +2.5%	$36,070 -1.6%
2010	$3,113	$36,660 -23.1%
2009	--	$47,670 +5.1%
2008	--	$45,370 +1.8%
2007	$3,443 +1.2%	$44,560 +7.5%
2006	$3,402 +6.3%	$41,440 +6.9%
2005	$3,200 +10.6%	$38,760 +3.2%
2004	$2,894 +11.3%	$37,550 +12.9%
2003	$2,600 +7.9%	$33,260 +19%
2002	$2,410 +2.5%	$27,960 +2.6%
2001	$2,351 +6.4%	$27,240 +6%
2000	$2,209	$25,710

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: 61801

Getting around

83 / 100

Very Walkable

65 / 100

Good Transit

79 / 100

Very Bikeable

Nearby schools

GreatSchools rating

5/10
Leal Elementary School
Grades: K-5Distance: 0.3 mi
3/10
Urbana Middle School
Grades: 6-8Distance: 0.7 mi
2/10
Urbana High School
Grades: 9-12Distance: 0.6 mi

Schools provided by the listing agent

Elementary: Urbana Elementary School
Middle: Urbana Middle School
High: Urbana High School
District: 116

Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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