Victorian
For Sale
$710,000
227 N MARION Street, Oak Park, IL 60302
MULTI_FAMILY - Victorian - Oak Park, IL
Property SizeContact for details
Days on Market13
Property Features for 227 N MARION Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
MULTI
Bedrooms
7
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 6, Bedroom 5, Bedroom 1, Bedroom 2, Basement, Bedroom 4, Bedroom 7, Bathroom 1, Bathroom 3, Bedroom 3, Bathroom 2
Basement
Full, Unfinished
Elementary school
Oliver W Holmes Elementary Schoo
Middle school
Gwendolyn Brooks Middle School
High school
Oak Park & River Forest High Sch
Elementary school district
97
Middle school district
97
High school district
200
Directions
2 BLOCKS EAST OF HARLEM 2 BLOCKS N OF LAKE ST
Subdivision
Oak Park
Standard status
Active
APN
16071100080000
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
14028
Utilities
Sewer type
Public Sewer
Heating system
Other (Heating)
Building Details
Building materials
Frame
Roof type
Asphalt
Architectural style
Victorian
Listing Agency:
Avenue 1 Realty Group
(773) 622-4663
Listed By:
Stephanie Mack
(773) 622-4663
Added: Jul 27
Changed: Aug 2
Last Checked: Aug 8 at 3:06PM
MLS# 12716444
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Victorian three-flat built with frame construction, featuring a classic architectural style and asphalt roofing. Each unit includes its own washer and dryer, and utilities are separately metered. Heating is listed as “Other (Heating),” and the property is connected to public sewer.
Recent improvements include a new roof and gutters in 2017, new boilers in 2025, and a freshly painted exterior in 2025. All units are currently leased through next year, and the existing leases must be honored by the new owner; the property is being sold as-is. The owner vacancy history is supported by a note of no vacancies in the past 15 years.
Parking is not available for overnight use on-site. A community parking garage is located about one-half block south of the building.
Recent improvements include a new roof and gutters in 2017, new boilers in 2025, and a freshly painted exterior in 2025. All units are currently leased through next year, and the existing leases must be honored by the new owner; the property is being sold as-is. The owner vacancy history is supported by a note of no vacancies in the past 15 years.
Parking is not available for overnight use on-site. A community parking garage is located about one-half block south of the building.
Key Highlights
- Three‑unit Victorian triplex with frame construction
- Each unit has an assigned washer and dryer and separately metered utilities
- New roof and gutters in 2017
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
3,878
Businesses Nearby
Explore this area
Business Placement
Demographics for 60302, IL
33,698
Population
15,702
Households
2.1
Avg Household Size
41
Median Age
71%
College-Educated
97%
High-School Grad
3.0 sq mi
ZIP Area
11,233
Density / Sq Mi
$97,414
Median Household Income
$69,368
Median Earnings
$1,348
Median Rent
$450,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three-unit Victorian triplex with separately metered utilities and in-unit washer and dryer hookups.
Where is this triplex located?
The property is located at 227 N MARION Street Oak Park, IL.
What is the asking price?
The asking price for this property is $710,000.
What are key features of this property?
This property features: Three‑unit Victorian triplex with frame construction; Each unit has an assigned washer and dryer and separately metered utilities; New roof and gutters in 2017
