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227 N Marion Street Oak Park, IL 60302

$710,000
Active / MLS# 12716444 / Multi Unit - Multiple / Oak Park
7 Beds
3 Baths

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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Baird & Warner Saif Sheikh Agent Cell: 847.454.8841 Email

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$ 2,953.86 per month $1,577.78 Principal & Interest $1,169.00 Property Tax $207.08 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Basement: Unfinished, Full
Basement: Yes
Heating: Radiator(s)
Home Style: Victorian
Lot Size: 31 X 89
Roof Type: Asphalt
Taxes: $14,028

Feature Descriptions

Exterior: Frame
Lot Dimensions: 31 X 89
Parcel#: 16071100080000
Sewer: Public Sewer
Total Rooms: 16
Township: Oak Park
Water: Lake Michigan

Schools

High School: Oak Park & River Forest High Sch
Middle School: Gwendolyn Brooks Middle School
Elementary School: Oliver W Holmes Elementary Schoo
School District: District 200

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

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Listing Office: Avenue 1 Realty Group

Listing Office Phone: 773-622-4663



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