200 N Marion Street Oak Park, IL $ 597,500
200 N Marion Street
$ 597,500
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200 N Marion Street

Oak Park, IL, 60302
$ 597,500
Bedrooms4 Baths2.0 Sq 2,250

Monthly Estimate*

$ 3,971

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Multi-Family Home for sale in Oak Park, IL

for $597,500 with 4 bedrooms and 2 full baths. This 2,250 square foot home was built in 1913.

A vintage, two-unit apartment property located at 200 N Marion Street in Oak Park, Illinois. Oak Park is one of Chicago's most sought-after suburbs for homeowners and renters. Its unique mix of diversity, community, world-famous architecture, upscale neighborhoods and commerce make it an ideal location to own rental property. Oak Park is approximately nine miles west of the Chicago Loop and is accessible via the Eisenhower expressway, Metra train, and the CTA train and bus lines. This property is located approximately 10 miles to O'Hare International Airport. The property features two two-bedroom / one-bathroom units (approximately 1,075 and 1,175 square feet) with large layouts, hardwood floors and outdoor rear porches. The property is located on the corner lot which benefits from an abundance of natural sunlight from the south and southwest corner of the building. Tenants are responsible for paying their own heat and electric and each unit has its own individual hot water boiler. Here, an investor has the opportunity to live-in and rent out or own strictly as an investment property in a great Oak Park location.

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Multi-Family Active

Price

$ 597,500

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 11,765

Style

Year Built

1913

Town/City

Oak Park

County/Region

Cook

MLS | Web ID

11863692

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Year Built 1913
Township Oak Park
Tax Year 2022
Percent Ownership Fee Simple
Gross Income 51840
County Cook
Net Operating Income 33541
Insurance Expense 1889
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 10
Status Active
Directions East of N Marion St South of Ontario Ct West of North Marion Ct North of Ontario Street on Marion Street in Oak Park IL.
High School Oak Park & River Forest High Sch
City Oak Park
High School District 200
MLS Area Oak Park
Waterfront Y/N N
Street Name Marion
Elementary School Oliver W Holmes Elementary Schoo
Tax Annual Amount 11765.7
Electric Expense 29
Middle/Junior High School Gwendolyn Brooks Middle School
Water Sewer Expense 1731
Additional Parcels Y/N N
Days on Market 257
Standard Status Active
Middle/Junior School District 97
Elementary School District 97
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Interior
Basement Full Unfinished
Street Suffix Street
Total Bedrooms 4
Total Baths 2
Bedrooms Possible 4
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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Exterior
Water Source Lake Michigan
Total Parking 0
Lot Dimensions 1 175 SF
Exterior Stone
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* Excluded Features
List By
B2b Investment Properties Llc

Broker

bell@b2binvestmentproperties.com

Email

Affordability Calculator

$4,952
Per Month
80%
20%
0%
Monthly Principal & Interest
$3,971
Monthly Property Taxes
$980
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565661 Elementary School
567542 Middle School
Oak Park & River Forest High Sch High School
Pricing History
DatePricePrice ChangeDescription
8/21/2023$597,500 Listed Price

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200 N Marion Street, Oak Park, IL, 60302 is a Multi-Family Home for sale at $597,500 with 2,250 sqft. 200 N Marion Street has 4 bedrooms, 2.0 baths, and was built in 1913. The property's zip code is 60302 which is in Oak Park, IL