317 North Marion, Oak Park IL 60302
$674,900

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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!

Features & Information

Key Details

  • List Price $674,900
  • Property Taxes $15,322
  • Price/ Sq. Ft. Unavailable
  • Year Built 1903
  • Parking Type Garage,Space/s
  • Status New

Rooms

  • Total Rooms 11
  • Basement F

Exterior Features

  • Parking

  • Parking Details Garage,Space/s
  • # of Cars:  3
  • # of Garage Spaces:  Transmitter(s)

Building Information

  • Number of Units 2
  • Age of Building 100+ Years
  • Exterior Construction Brick,Stone
  • Heating & Cooling Gas, Hot Water/Steam, Radiators, 2+ Sep Heating Systems
  • Units

  • Unit 1 Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Window Air Conditioner, Laundry Hook-Up, Hardwood Floors
  • Unit 2 Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Window Air Conditioner, Laundry Hook-Up, Hardwood Floors

Location

  • County Cook
  • Township Oak Park
  • Corporate Limits Oak Park
  • Directions to Property Lake Street North On Marion
  • Schools

  • Elementary School District 97
  • School Name Oliver W Holmes Elementar
  • Junior High District 97
  • School Name Gwendolyn Brooks Middle S
  • High School District: 200
  • School Name Oak Park & River Fore
  • Property Taxes

  • Tax 15322
  • Tax Year 2023
  • Tax Exemptions None
  • Parcel Identification Number 16071070120000

Utilities

  • Sewer Sewer-Publ

Listed by Keri Meacham for RE/MAX In The Village | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 7/8/2025 10:32 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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