317 N Marion Street, Oak Park, IL 60302
Local realty services provided by:ERA Naper Realty



Listed by:keri meacham
Office:re/max in the village
MLS#:12409131
Source:MLSNI
Price summary
- Price:$674,900
About this home
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!
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Home facts
- Year built:1903
- Listing Id #:12409131
- Added:38 day(s) ago
- Updated:August 13, 2025 at 07:39 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:2
- Full bathrooms:2
Heating and cooling
- Heating:Natural Gas, Sep Heating Systems - 2+, Steam
Structure and exterior
- Roof:Flat
- Year built:1903
Schools
- High school:Oak Park & River Forest High Sch
- Middle school:Gwendolyn Brooks Middle School
- Elementary school:Oliver W Holmes Elementary Schoo
Utilities
- Water:Lake Michigan
- Sewer:Public Sewer
Finances and disclosures
- Price:$674,900
- Tax amount:$15,322 (2023)
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