309 S  Coler Ave, Urbana, IL 61801
FOR SALE

309 S Coler Ave
Urbana, IL 61801

  • 4 Beds
  • 2 Baths
  • 1,471 sqft

$210,000

Est. Mortgage $1,491/mo*

$210,000

Est. Mortgage $1,491/mo*
4 Beds
2 Baths
1,471 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

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.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$143
Listed
33 days ago

Home Details for 309 S Coler Ave

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Finished,Egress Window,FullNumber of Rooms: 6Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Family Room, Kitchen, Laundry, Living Room
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1471 Square Feet
Heating & Cooling
Heating: Natural Gas,Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas
Fireplace & Spa
Number of Fireplaces: 1Has a Fireplace
Levels, Entrance, & Accessibility
Stories: 2Accessibility: No Disability Access

Exterior Features

Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (below surface): 772 Square Feet

Days on Market

Days on Market: 33

Property Information

Year Built
Year Built: 1908
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: Aluminum SidingNot a New Construction
Property Information
Parcel Number: 922117107015

Price & Status

Price
List Price: $210,000Price Per Sqft: $143
Status Change & Dates
Possession Timing: Close Of Escrow

Location

Direction & Address
City: Urbana
School Information
Elementary School: Urbana Elementary SchoolElementary School District: 116Jr High / Middle School: Urbana Middle SchoolJr High / Middle School District: 116High School: Urbana High SchoolHigh School District: 116

Agent Information

Listing Agent
Listing ID: 12603714

Building

Building Area
Building Area: 2243 Square Feet

HOA

HOA Fee Includes: None

Lot Information

Lot Area: 4000 sqft

Listing Info

Special Conditions: None

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: 12603714

Additional Information

MRD Price History On IDX Display: YesSource Internet Entire Listing DisplayMRD Listing On IDX Display: YesMRD Market Time On IDX Display: YesMRD REMARKSINTERNET: Yes
Last check for updates: about 14 hours ago
Listing courtesy of: Nicholas Ward, (217) 840-0388
JOEL WARD HOMES, INC
Source: MRED as distributed by MLS GRID, MLS#12603714

Price History for 309 S Coler Ave

DatePriceEventSource
03/27/2026$210,000Listed For SaleMRED as distributed by MLS GRID #12603714
04/30/2024ListingRemovedZillow Rentals
04/05/2024$1,575Listed For RentZillow Rentals
04/27/2023$150,000Sold
MRED as distributed by MLS GRID #11785400
03/12/2021ListingRemovedZillow Rental Manager
11/19/2020$1,800Listed For RentN/A
02/03/2020$1,850ListingRemovedAgent Provided
09/18/2019$1,850PriceChange
Agent Provided
05/21/2019$1,495PriceChange
Agent Provided
02/11/2019$1,850Listed For RentAgent Provided
10/11/2018$160,000Sold
N/A

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Property Tax and Assessment

Year2024
Tax$5,076
Assessment$147,630
Home facts updated by county records

Comparable Sales for 309 S Coler Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.05
Single-Family Home
$280,000
08/04/25
3
1.5
1,327
0.09
Single-Family Home
$263,000
10/20/25
3
1.5
1,728
0.32
Single-Family Home
$240,000
06/02/25
4
2
2,167
0.21
Single-Family Home
$304,000
07/07/25
4
2
1,861
0.20
Single-Family Home
$248,000
12/04/25
3
2
2,131
0.20
Single-Family Home
$290,000
04/08/26
3
1.5
2,057
0.26
Single-Family Home
$219,800
08/14/25
3
2
1,546
0.33
Single-Family Home
$254,900
05/02/25
3
1.5
1,665
0.51
Single-Family Home
$222,000
09/24/25
4
2
1,723

What Locals Say about Urbana

At least 220 Trulia users voted on each feature.
  • 87 % Say parking is easy

  • 83 % Say it's dog friendly

  • 75 % Say there are sidewalks

  • 72 % Say car is needed

  • 69 % Say yards are well-kept

  • 65 % Say there's holiday spirit

  • 62 % Say kids play outside

  • 58 % Say it's walkable to grocery stores

  • 55 % Say it's walkable to restaurants

  • 55 % Say people would walk alone at night

  • 51 % Say there's wildlife

  • 51 % Say it's quiet

  • 49 % Say neighbors are friendly

  • 48 % Say streets are well-lit

  • 43 % Say they plan to stay for at least 5 years

  • 27 % Say there are community events

Learn more about our methodology.
  • Mrsec46
    "I’ve lived here in this area about 35 years with 5 being here presently in Urbana. This area has predominantly home owners and families. The neighbors are very nice and friendly "
  • Jl.jackson1005
    "My commute is often comprised of use of I74. My proximity to the highway makes for ease of use and access to all amenities."
  • Keriana Robinson
    "I don’t know what they would want get them something fun for them add some treats in the dog park or anything "
  • Laurj
    "We have Occasional block parties, neighborhood holiday party, and we participate in the neighborhood watch group for our city. Each year the police send out a representative to meet with us and give us relevant tips for safety."
  • Laurj
    "Our little area is a mix of retirees, empty nesters and young families. People are friendly. We have a neighborhood watch group in place. Children could walk to schools."
  • Laurj
    "Neighborhood has easy access to bus services and is within walking distances for schools. Most people do rely on their cars for transportation though."
  • Laurj
    "Neighborhood has been changing from older families to younger families with children. Safe area for children to play outside."
  • Kristinakblack
    "Nice sidewalks for walking dogs. Nice streetlamps for walking at night. fairly quiet neighborhood. Park nearby with nice trees."
  • Mack
    "Very simple. I walk and bike most places. The city needs an upgrade. Some areas have had attention. It feels like the city government should give incentive to people to clean up yards and refurbish houses. Painting programs and community garbage hauling days would be a good start. "
  • Kristen
    "There is easy access to public transportation. I drive a vehicle but am also within walkable distance to nearby shops. "
  • Cgaddis70
    "Greta! An quiet community . Friendly neighborhood and very little crime . I enjoy living in Urbana !"
  • Grhues
    "The email list serve is full of helpful neighborly advice, free plants and good discussions about neighborhood issues. The area trends liberal which I love. "
  • Kristinakblack
    "Fairly Quiet area. Lots of people walking their dogs or walking with children riding bikes or pulled in wagons. Park with playground equipment only 3 or 4 blocks away. "
  • Dominick W.
    "I drive but Urbana has a great bus system there are the new bikes you pay to ride everywhere in the community Lyft and Uber is Pretty safe here that’s taken over the cab companies out of business because their considered safer and quicker "
  • Pamela H.
    "It’s great!!! It’s quiet and there aren’t a lot of people that hang around outside. I can go outside at any time and walk my dog. "
  • Kimberly C.
    "there are some wonderful parks here and lots of big beautiful tress that shade the streets, a wonderful library, and a community pool"
  • Leekzulu
    "I live less than a mile from my job. I chose to walk however the bus stop is less than 100ft from my front door. "
  • Cubschick39
    "It's a quiet neighborhood, great for walking, running, riding bikes. People wave at you when they see you out even if they dont know you. Families and retired people mostly in the community."
  • Kdixon1391@yahoo.com
    "Close to a big box store, drug stores, gas stations, but relatively quiet, our street is not busy. Also, well established neighborhood. Not very transient."
  • Roseanna B.
    "Lots of parks and nice pathways for dog walking. Very dog active community. "
  • K.a3e.garris
    "Dogs and or any pets are not welcome in my direct community unless they are service animals. But there is a dog park less than a mile away for those living in neighborhoods in surrounding areas."
  • Jordanducey1129
    "Pretty quiet for the most part. I like all the mature trees and the dog park is just down the road. The park and pool are also within Walking distance."
  • Jordanducey1129
    "There is a dog park down the road from where I live and there are very friendly dog owners. It seems like everyone has a dog! This is a very dog-friendly community."
  • Renewahl20
    "Good neighborhood for riding bikes. Lots of trees. Buses pick up children to go to school. Neighborhood watch. "
  • Jl j.
    "I have lived here for five years and the neighborhood is above average. There are some contingencies I could do without but it’s ok"
  • Candace P.
    "There is nothing unique about this neighborhood. I don't really like it. my neighbors are too loud. "
  • Jenny F.
    "It’s large mature trees, parks, schools and a laid back vibe, I feel safe walking during the day or night. "
  • Jenny F.
    "I’ve lived in Urbana for 40 years and this neighborhood is safe and very kid friendly. Close to stores and gas stations."

LGBTQ Local Legal Protections

Nicholas Ward, JOEL WARD HOMES, INC
Agent Phone: (217) 840-0388
Based on information submitted to the MLS GRID as of 2026. 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. Click here for more information
309 S Coler Ave, Urbana, IL 61801 is a 4 bedroom, 2 bathroom, 1,471 sqft single-family home built in 1908. This property is currently available for sale and was listed by MRED as distributed by MLS GRID on Mar 27, 2026. The MLS # for this home is MLS# 12603714.