227 N Marion Street, Oak Park, IL 60302
Local realty services provided by:Better Homes and Gardens Real Estate Star Homes
227 N Marion Street,Oak Park, IL 60302
$710,000
- 7 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: stephanie mack
Office: avenue 1 realty group
MLS#:12716444
Source:MLSNI
Price summary
- Price:$710,000
About this home
Don't miss this opportunity to own a classic Victorian three-flat in the heart of Oak Park's renowned Frank Lloyd Wright Historic District. Rich in architectural character, each unit features soaring ceilings, original crown molding, hardwood flooring, and updated tile bathrooms. Recent improvements include a new roof and gutters (2017), new boilers (2025), and a freshly painted exterior (2025). Each unit has an assigned washer and dryer, and all utilities are separately metered. Situated on a picturesque, tree-lined street, this exceptional location is just steps from the Green Line, Trader Joe's, Whole Foods, Downtown Lake Street, shopping, dining, and more. While there is no overnight parking on-site, a community parking garage is conveniently located just one-half block south of the building. With no vacancies in the past 15 years and a strong, desirable rent roll, this property presents an excellent opportunity for investors or future owner-occupants. The property is being sold as-is. All units are currently leased through next year, and the existing leases must be honored by the new owner. Owner occupancy is possible once a unit becomes available in accordance with the lease terms. Cash or conventional financing only. This is a rare opportunity to acquire a stable, income-producing property with classic Victorian charm in one of Oak Park's most sought-after historic neighborhoods....
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Home facts
- Listing ID #:12716444
- Updated:September 16, 2026 at 10:58 AM
Rooms and interior
- Bedrooms:7
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:16
- Basement Description:Full, Unfinished
Heating and cooling
- Heating:Radiator(s)
Structure and exterior
- Roof:Asphalt
- Architectural Style:Victorian
- Foundation Description:Concrete Perimeter
Schools
- High school:Oak Park & River Forest High Sch
- Middle school:Gwendolyn Brooks Middle School
- Elementary school:Oliver W Holmes Elementary Schoo
Utilities
- Water:Lake Michigan
- Sewer:Public Sewer
Finances and disclosures
- Price:$710,000
- Tax amount:$14,028 (2024)
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