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Jim Ziada

jimziada@gmail.com +1(708) 724-9621

$ 710,000

Est. payment -/mo

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227 N MARION ST Oak Park, IL 60302

7 Beds

3 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12716444

Style Victorian

Bedrooms 7

Annual Tax Amount $14,028

Tax Year 2024

Lot Dimensions 31 X 89

Property Sub-Type Two to Four Units

Property Description

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.

Location

State IL

County Cook

Area Oak Park

Zoning MULTI

Rooms

Basement Unfinished, Full

Interior

Heating Radiator(s)

Fireplace N

Exterior

Roof Type Asphalt

Building

Dwelling Type Two to Four Units

Building Description Frame, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Frame

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 List Broker Must Accompany

Listed by Stephanie Mack of Avenue 1 Realty Group

Jim Ziada

Real Estate Agent | License ID: 471011117

+1(708) 724-9621

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Jim Ziada

227 N MARION ST Oak Park, IL 60302

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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227 N MARION ST