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15 Properties Within 0.5 miles of: 227 N Marion, Oak Park

227 N Marion
Oak Park, IL 60302

  • 7 Beds
Price

$710,000

Est Payment
$4,789 / month (details)  
Taxes
$14,028  
Beds
7  
Rooms
16  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
31 X 89  
Neighborhood
Oak Park  
MLS
#12716444
Status
Active (2 days)

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.

Property Map

Property Details

Utilities

  • Heating Radiator(s)
  • Cooling
  • Water Lake Michigan
  • Sewer Public Sewer

Additional Information

Schools
Oak Park & River Forest High Sch (200), Gwendolyn Brooks Middle School (97), Oliver W Holmes Elementary Schoo (97)

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

07-27-2026 Listed at $710,000
Last Modified 7/29/26 8:42 AM

Nearby Transportation

  • Bus 90 0.1 mi
  • Bus 86 0.9 mi
  • Bus 72 1.2 mi
  • Union Pacific West 0.3 mi
  • Green Line 0.3 mi
  • ZipCar 0.2 mi
  • I 290 West 1.2 mi
  • I 290 East 1.2 mi
  • I 88 East 4.4 mi
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