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$674,900

Est. payment - /mo

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5 Beds

2 Baths

Active Under Contract

317 N Marion ST Oak Park, IL 60302

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Park Place Realty Group LLC

info@parkplacerealtyllc.com +1(708) 722-5106

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Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12409131

Style Greystone

Bedrooms 5

Year Built 1903

Annual Tax Amount $15,322

Tax Year 2023

Lot Dimensions 30X142

Property Sub-Type Two to Four Units

Property Description

Welcome to this beautifully updated 2-flat perfectly situated just minutes from vibrant downtown Oak Park! Whether you're an investor looking for a successful short-term rental or a homeowner seeking flexibility and passive income, this property checks all the boxes. Each unit features stylish updates, including new stainless steel appliances, modern kitchens and baths, and in-unit laundry for added convenience. The spacious layouts offer comfort and privacy, making it an ideal setup for guests, tenants, or extended family. The first-floor unit features 2 bedrooms and 1 bath. The 2nd-floor unit features 3 bedrooms and 1 bathroom. Step outside to enjoy your private deck and new brick paver patio, a private backyard oasis-the perfect space for relaxing, entertaining, or unwinding after a long day. This outdoor retreat adds even more value to an already impressive property. 2 car garage and 1 additional parking space. Currently operating as a profitable Airbnb, this home is a proven income generator in a highly desirable location known for its walkability, tree-lined streets, and easy access to shopping, dining, parks, and public transportation. Live in one unit and rent out the other, keep it as a full-time investment, or convert to a traditional rental-possibilities are endless with this move-in ready multi-unit gem!

Location

State IL

County Cook

Area Oak Park

Zoning MULTI

Rooms

Basement Unfinished, Full

Interior

Heating Natural Gas, Steam, Sep Heating Systems - 2+

Equipment Ceiling Fan(s)

Fireplace N

Exterior

Garage Spaces 2.0

Community Features Curbs, Sidewalks, Street Lights, Street Paved

Roof Type Flat

Building

Lot Description Common Grounds

Dwelling Type Two to Four Units

Building Description Brick,Stone, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick,Stone

New Construction false

Schools

Elementary Schools Oliver W Holmes Elementary Schoo

Middle Schools Gwendolyn Brooks Middle School

High Schools Oak Park & River Forest High Sch

School District 97 , 97, 200

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Keri Meacham • RE/MAX In The Village

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Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106