317 N Marion ST new Save Request In-Person Tour Request Virtual Tour
Oak Park,IL 60302
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
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,Radiator(s),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