200 N Marion St

Oak Park, IL 60302 View Map $597,500 Schedule a Tour
Beds4
Baths2
On Site13 days
Year1913
Judy Greenberg

Judy Greenberg

(847) 602-5435

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Status: Active
Property Type:Multi Family- 2-4 Units
MLS #:11863692
On Site:13 Days
County:Cook
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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Community Information

Address:200 N Marion St, Oak Park, IL 60302
County:Cook
Township:Oak Park
Zip Code:60302

School Information

School District:97

Architecture

Bedrooms: 4
Bathrooms: 2
Year Built:1913
Exterior Construction Type: Stone
Total # Units in Building: 2
Age Range: 100+ Years
Basement: Unfinished
Basement Type: Full

Features / Amenities

Parking Total: 0
Heat Source / Type: Natural Gas
Total Rooms:10

Property Features

Lot Dimensions:Less Than .25 Acre
Sewer: Public Sewer
Water: Lake Michigan
Open House Count: 0
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.

Tax and Financial Info

Tax Year: 2021
Tax Annual Amount: $11,465
Ownership: Fee Simple
Water / Sewer Expense: $763
Maintenance Expense: $1,000
Insurance Expense: $893
Gross Income: $48,540
Net Income: $32,862

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200 N Marion St Oak Park,  IL 60302
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200 N Marion St Oak Park, IL 60302
 
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Listing provided courtesy of B2b Investment Properties LLC.

Listings courtesy of MRED MLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of March 2, 2024 3:15 AM CST. 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.

Properties displayed may be listed or sold by various participants in the MLS