Oak Park, IL 60302 317 N Marion Street

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Presented By: RE/MAX In The Village
  • MLS# 12409131
  • 07/06/2025
  • Request Tour
  • Request Info
  • Beds • 5
  • Baths • 2
  • SQFT • 2,500
  • Garage • 2

Home Details

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!
Presented By: RE/MAX In The Village

Interior Features for 317 N Marion Street

Bedrooms

Bedrooms Possible5
Total Bedrooms5

Bathrooms

Full Baths Building2
Half Baths Building
Total Baths2

Other Interior Features

BasementUnfinished, Full
Total Number of Units2

General for 317 N Marion Street

Additional Parcels Y/NNo
Architectural StyleGreystone
CityOak Park
Community FeaturesCurbs, Sidewalks, Street Lights, Street Paved
Construction MaterialsBrick, Stone
ContingencyAttorney/Inspection
CountyCook
DirectionsLake Street north on Marion
Elementary SchoolOliver W Holmes Elementary Schoo
Elementary School District97
Garage Spaces2
HeatingNatural Gas, Steam, Sep Heating Systems - 2+
High SchoolOak Park & River Forest High Sch
High School District200
MLS AreaOak Park
Middle/Junior High SchoolGwendolyn Brooks Middle School
Middle/Junior School District97
ModificationTimestamp2025-07-11T22:22:01.882Z
New ConstructionNo
OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
RoofFlat
SewerPublic Sewer
Standard StatusActive Under Contract
StatusContingent
Tax Annual Amount15322
Tax Year2023
Total Rooms11
TownshipOak Park
Virtual TourClick here
Year Built1903
ZoningMULTI

Exterior for 317 N Marion Street

BuyerOfficeFax(312) 751-2808
Lot Dimensions30X142
Lot FeaturesCommon Grounds
Other EquipmentCeiling Fan(s)
Parking FeaturesGarage Door Opener, On Site, Garage Owned, Detached, Off Alley, Owned, Garage
Total Parking3
Water SourceLake Michigan
Waterfront Y/NNo

Additional Details

Price History

Schools

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

Client Care

Price $674,900
MLS#12409131
List Date 07/06/2025
Property Type Contingent
Phone 847.485.2500
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Request Info
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