Sold787d on market
403 S Coler Ave
Urbana, IL, 61801 • 61801 • Champaign County
$190,000
4Beds
2Baths
0.07 acLot
1940Built
Property DNA
Character Home
Built 1940 · 86 years of history
Outdoor Living
Deck
This home is getting attention
Listed 787 days ago · 3 views
Market activity
Demand and pricing signals for this listing
3 views
People checking out this listing
787 days on market
Established listing
Selling Soon Prediction
HighThis home ranks in the top 24% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Multi Family · Built 1940
This is a coveted location that always rents easily. This property has been cared for by the owner and it shows. 403 Coler is a 2 unit property with newer kitchens, fresh and interesting interiors, a spiral staircase, and a loft apartment. Easy to rent. Rented through 7/24. The front unit is a one 3bedroom 1bathroom and rents for 1,100 per month. The backside unit is a loft apartment that rents for 700 per month. Each unit has a parking space and separate entrances. Shared laundry in the basement. Tenants pay their own Heat/Gas/electric and wifi. This is a low maintenance cash flowing investment property in a great neighborhood that I would argue is currently under rented. Close to campus yet tucked into West Urbana. Most comparable 1bedroom units rent for 895 and comps for 3bedroom units range in the 500 per bedroom range. This is a well above average rental with significant cashflow upside for 24-25. Don't miss this!
Standout features identified
Our analysis highlights spiral staircase, fresh and interesting interiors, and close to campus as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,252/month
Principal & Interest$999
Property Tax$190
Insurance$63
Down payment20% ($38,000)
3%50%
Est. 6.88% rate · 30yr fixed · $152,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1940
HeatingNatural Gas
Parking0 spaces
Property
Home typeMulti Family
Sub-typeMulti Family
Year built1940
Systems
HeatingNatural Gas
ConstructionVinyl Siding
Water / SewerPublic / Public Sewer
Parking & Outdoor
BasementUnfinished,Partial
Lot2,856 sqft
Location & Tax
Neighborhood61801
Annual tax$6,131
Parcel922117108014
Bathrooms & Fees
Full baths2
Features & details
5 categories of property features
Interior Features
Heating
Natural Gas
Exterior Features
Construction
Vinyl Siding
Patio & Porch
Deck
Community
Sidewalks
Other Equipment
TV-Cable
Listing insights
Market data and value estimates
StatusSold
Days on market787
Est. value$221,600
Est. rent$1,079/mo
Tax rate2.17%
On marketSep 27, 2023
PostedSep 27, 2023
Last sold$190,000
MLS statusClosed
MLS updatedMar 12, 2024
Tour days6
Views3
How are the schools in Urbana?
3 schools rated nearby
Location
Urbana, IL, 61801
Price history
5 events
DateEventPrice$/sqftSource
Feb 10, 2024Sold$190,000—MRED as distributed by MLS GRID
Nov 9, 2023Contingent$194,000—MRED as distributed by MLS GRID
Oct 16, 2023Price Change$194,000—MRED as distributed by MLS GRID
Sep 27, 2023Listed For Sale$199,000—MRED as distributed by MLS GRID
Oct 6, 2006Sold$135,000—Public Record
Sold$190,000
Feb 10, 2024•MRED as distributed by MLS GRID
Contingent$194,000
Nov 9, 2023•MRED as distributed by MLS GRID
Price Change$194,000
Oct 16, 2023•MRED as distributed by MLS GRID
Listed For Sale$199,000
Sep 27, 2023•MRED as distributed by MLS GRID
Sold$135,000
Oct 6, 2006•Public Record
Tax history
25 years of records
YearTax paidAssessed value
Apr 8, 2024$6,954$67,420
Apr 8, 2023$6,543$61,510
Apr 8, 2022$6,131$56,640
Apr 8, 2021$5,699$52,790
Apr 8, 2020$5,513$51,250
Apr 8, 2019$5,332$51,250
Apr 8, 2018$5,332$51,610
Apr 8, 2017$5,516$51,610
Apr 8, 2016$5,326$50,110
Apr 8, 2015$5,326$50,110
Apr 8, 2014$5,133$48,420
Apr 8, 2013$5,168$49,400
Apr 8, 2012$4,629$49,400
Apr 8, 2011$4,370$49,400
Apr 8, 2010$4,264$50,210
Apr 8, 2009—$50,210
Apr 8, 2008—$48,280
Apr 8, 2007$3,665$47,420
Apr 8, 2006$3,621$44,110
Apr 8, 2005$3,400$41,180
Apr 8, 2004$3,076$39,900
Apr 8, 2003$2,763$35,350
Apr 8, 2002$2,562$29,720
Apr 8, 2001$2,500$28,970
Apr 8, 2000$2,349$27,330
Nearby homes
Neighborhood details
Local context around this listing
Urbana, IL • Champaign County
Nearby neighborhoods
Downtown
Nearby cities
ChampaignHomerMahometRantoulSaint JosephSavoySeymourTolono
Nearby zip codes
61801618026180361874
Similar homes
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](/mls-disclaimers/#17)
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