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  • $550,000

    407 N Marion St, Oak Park, IL 60302

    5beds
    --sqft
    Multi Family
    Built in 1905
    -- sqft lot
    $586,900 Zestimate®
    $--/sqft
    $2,683 Estimated rent

    Home value

    $586,900

    $522,000 - $657,000

    $2,683/mo

    Zestimate® history
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    $3,931/mo

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    What's special

    Excellent structural shapeNewer windowsDual hot water tanksOff street parking
    Charming 2-flat located in the iconic Frank Lloyd Wright District of Oak Park, offering a blend of classic architecture with updated mechanics. The building is in excellent structural shape, with a roof and tankless boiler under 5 years old, dual hot water tanks, newer windows, and updated electrical. The 2-car garage and additional exterior parking space provide plenty of off street parking. The first-floor unit is owner-occupied, while the second-floor unit is tenant-occupied, making this a fantastic opportunity to live in one unit and collect rent from the other. The full basement offers potential for a great recreation area. Bring your design vision and make this property your own!

    Zillow last checked:

    Listing updated:

    Listed by:

    Pamela Tuggle 312-952-5648,

    @properties Christie's International Real Estate,

    William Tuggle 312-952-5647,

    @properties Christie's International Real Estate

    Bought with:

    Leigh Ann Hughes

    Compass

    Source: MRED as distributed by MLS GRID,MLS#: 12280703MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 3
    Heating
    • Natural Gas, Heat Pump
    Features
    • Basement: Unfinished,Full

    Property

    Parking
    • Total spaces: 2
    • Parking features: On Site, Detached, Garage
    • Garage spaces: 2
    Lot
    • Size: 5,040 Square Feet
    Details
    • Parcel number: 16071010150000
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Stone
    Condition
    • New construction: No
    • Year built: 1905

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & HOA

    Location
    • Region: Oak Park

    Financial & listing details

    • Tax assessed value: $500,000
    • Annual tax amount: $14,354
    • Date on market: 1/30/2025
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    6/4/2025Sold$550,000
    Source: Public Record Report a problem
    3/18/2025Sold$550,000+10%
    Source: MRED as distributed by MLS GRID #12280703 Report a problem
    2/5/2025Pending sale$499,999
    Source: MRED as distributed by MLS GRID #12280703 Report a problem
    2/3/2025Listing removed$499,999
    Source: MRED as distributed by MLS GRID #12280703 Report a problem
    1/30/2025Listed for sale$499,999+8.7%
    Source: MRED as distributed by MLS GRID #12280703 Report a problem
    4/2/2004Sold$460,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$14,990 +4.4%$50,000
    2023$14,355 +19%$50,000 +33%
    2022$12,067 +2.1%$37,581
    2021$11,819 +1.2%$37,581
    2020$11,680 -9.6%$37,581 -5.7%
    2019$12,927 +3.9%$39,866
    2018$12,438 +1.9%$39,866
    2017$12,205 -11.2%$39,866 +3.7%
    2016$13,747 +12.3%$38,436
    2015$12,239 +7.3%$38,436
    2014$11,405 +7.6%$38,436 +3.6%
    2013$10,602 -0.7%$37,086
    2012$10,674 +1%$37,086
    2011$10,569 +0%$37,086 -13.7%
    2010$10,564 +7.4%$42,969
    2009$9,835 -16.6%$42,969 -7%
    2008$11,787 -0.6%$46,204 +2.4%
    2007$11,863 +2.7%$45,133
    2006$11,554 +2.6%$45,133
    2005$11,263 +24%$45,133 +33.2%
    2004$9,084 +7.8%$33,889
    2003$8,429 +3.9%$33,889
    2002$8,111 +16.4%$33,889 +32.5%
    2001$6,971 +3.6%$25,573
    2000$6,730 +10%$25,573
    1999$6,118 $25,573
    Find assessor info on the county website

    Neighborhood: 60302

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • 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
    $586,900
    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
    $586,900