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  • $680,000

    317 N Marion St, Oak Park, IL 60302

    5beds
    --sqft
    Multi Family
    Built in 1903
    -- sqft lot
    $717,200 Zestimate®
    $--/sqft
    $2,752 Estimated rent

    Home value

    $717,200

    $645,000 - $796,000

    $2,752/mo

    Zestimate® history
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    What's special

    Stylish updatesSpacious layoutsPrivate deckIn-unit laundryModern kitchensNew brick paver patioPrivate backyard oasis
    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Keri Meacham, ABR,RENE,SRS 773-956-0250,

    RE/MAX In The Village

    Bought with:

    Robert Munds

    Jameson Sotheby's Intl Realty

    Source: MRED as distributed by MLS GRID,MLS#: 12409131MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Natural Gas, Steam, Radiator(s), Sep Heating Systems - 2+
    Features
    • Basement: Unfinished,Full

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage Door Opener, On Site, Garage Owned, Detached, Off Alley, Owned, Garage
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Deck, Patio
    Lot
    • Size: 4,260 Square Feet
    • Dimensions: 30X142
    • Features: Common Grounds
    Details
    • Parcel number: 16071070120000
    • Zoning: MULTI
    • Special conditions: None
    • Other equipment: Ceiling Fan(s)

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Greystone
    • Property subtype: Multi Family
    Materials
    • Brick, Stone
    • Roof: Flat
    Condition
    • New construction: No
    • Year built: 1903

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & HOA

    Community
    • Features: Curbs, Sidewalks, Street Lights, Street Paved
    Location
    • Region: Oak Park

    Financial & listing details

    • Tax assessed value: $470,000
    • Annual tax amount: $15,322
    • Date on market: 7/6/2025
    • Listing terms: Exchange
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    8/22/2025Sold$680,000+0.8%
    Source: MRED as distributed by MLS GRID #12409131 Report a problem
    7/11/2025Contingent$674,900
    Source: MRED as distributed by MLS GRID #12409131 Report a problem
    7/6/2025Listed for sale$674,900+40.6%
    Source: MRED as distributed by MLS GRID #12409131 Report a problem
    3/25/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    3/10/2022Listed for rent$2,550+21.7%
    Source: Zillow Rental Manager Report a problem
    5/14/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    5/5/2021Price change$2,095-12.5%
    Source: Zillow Rental Manager Report a problem
    4/30/2021Price change$2,395-4%
    Source: Zillow Rental Manager Report a problem
    4/10/2021Listed for rent$2,495
    Source: Zillow Rental Manager Report a problem
    2/12/2021Sold$480,000-3.9%
    Source: MRED as distributed by MLS GRID #10953634 Report a problem
    1/6/2021Contingent$499,500
    Source: MRED as distributed by MLS GRID #10953634 Report a problem
    12/18/2020Pending sale$499,500
    Source: Abreu Real Estate #10953634 Report a problem
    12/18/2020Contingent$499,500
    Source: MRED as distributed by MLS GRID #10953634 Report a problem
    12/15/2020Listed for sale$499,500+156.2%
    Source: Abreu Real Estate #10953634 Report a problem
    1/26/1996Sold$195,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$15,986 +4.3%$47,000
    2023$15,322 +8.4%$47,000 +27.6%
    2022$14,140 +12.8%$36,822
    2021$12,532 +1.8%$36,822
    2020$12,309 -9.5%$36,822 -5.3%
    2019$13,609 +3.9%$38,901
    2018$13,097 -8.3%$38,901 -9.3%
    2017$14,276 +14.8%$42,900 +28.5%
    2016$12,436 +12.1%$33,395
    2015$11,097 +7.4%$33,395
    2014$10,330 +9.4%$33,395 +5.5%
    2013$9,445 -0.4%$31,651
    2012$9,486 -9.9%$31,651 -11.1%
    2011$10,527 -1.9%$35,606 -15.1%
    2010$10,726 +14.3%$41,955 -5.4%
    2009$9,386 +0.6%$44,327 -7%
    2008$9,333 +2%$47,663 +11.6%
    2007$9,153 +1.2%$42,703
    2006$9,041 +2.4%$42,703
    2005$8,829 +4.9%$42,703 +28.1%
    2004$8,413 +7.4%$33,327
    2003$7,835 +3.9%$33,327
    2002$7,540 +20.1%$33,327 +33%
    2001$6,278 +3.5%$25,057
    2000$6,068 +0.6%$25,057
    1999$6,035 $25,057
    Find assessor info on the county website

    Neighborhood: 60302

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Oliver W Holmes Elementary Schoo
    • Middle: Gwendolyn Brooks Middle School
    • High: Oak Park & River Forest High Sch
    • District: 97

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $717,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $717,200