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$723,000

  • For Sale
  • Active
  • Multi-Family
  • 7 Total Beds
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Charming victorian three flat in Oak Park's Frank Lloyd Wright historic district. Units feature beautiful high ceilings with original crown molding and hardwood flooring. Newer tile in all baths. All units have assigned washers/dryers. New Roof and gutters 2017. New Boilers 2025 and entire exterior painted 2025. Desirable rent roll. All separate utilities. Charming picturesque neighborhood outstanding walk to everything location Green Line, Trader Joe's, Whole Foods and Downtown Lake Street. No overnight parking onsite however community garage is 1/2 block south of building. No vacancies in the past 15 years. Excellent investment opportunity (airbnb) or call it home with an income.

Full Property Details for 227 N Marion St

General

  • Price: $723,000
  • Taxes: $14,028 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12577736
  • Updated: 3/3/2026
  • Added to Site: 48 day(s) ago

Interior

  • Basement: Unfinished

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Upper - Full Baths: 3

Bedrooms

  • Total Bedrooms: 7

Additional Information

  • Other Features: School Bus Service, Commuter Train, Historical District

Location

  • Area: Oak Park
  • County: Cook
  • Township: Oak Park
  • Driving Directions: 2 BLOCKS EAST OF HARLEM 2 BLOCKS N OF LAKE ST

School Information

  • School District: 97
  • Elem School District: 97
  • Midd School District: 97
  • High School District: 200
  • Elementary School: Oliver W Holmes Elementary Schoo
  • Middle School: Gwendolyn Brooks Middle School
  • High School: Oak Park & River Forest High Sch
  • Private School: Oak Park & River Forest High Sch

Heating & Cooling

  • Heating Type: Radiator(s)

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan

Structural Information

  • Architectural Info: Victorian
  • Architectural Style: Victorian
  • Construction: Frame
  • Exterior Const.: Frame
  • Basement: Yes
  • Basement Desc.: Unfinished, Full
  • Foundation: Concrete Perimeter
  • Roof: Asphalt
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 3

Lot Features

  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 31 x 89
  • Zoning: MULTI

Financial Considerations

  • Insurance Fee: $191
  • Tax Amount: $14,028.36
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: List Broker Must Accompany
  • Property ID: 16071100080000

Listed by Avenue 1 Realty Group

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— 227 N Marion St —

  • Avenue 1 Realty Group

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NMLS#: 1598647

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NMLS#: 1598647

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with our affiliated in-house agency

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 227 N Marion St

School Districts:Oak Park and River Forest District 200, Oak Park Elementary School District 97
NameGradesDistance
Oliver W Holmes Elementary School
508 North Kenilworth Avenue, Oak Park, IL 60302
K-50.3 mi
Gwendolyn Brooks Middle School
325 South Kenilworth Avenue, Oak Park, IL 60302
6-80.7 mi
Oak Park & River Forest High School
201 North Scoville Avenue, Oak Park, IL 60302
9-120.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 227 N Marion St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/25/2026
Listed
$723,000
22.34%
MLS
5/30/2023
Sold
$591,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 227 N Marion St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$14,028
16%
$46,347
32%
2022
$12,120
2%
$34,983
—
2021
$11,844
2%
$34,983
—
2020
$11,638
-11%
$34,983
-6%
2019
$13,015
4%
$37,353
—
2018
$12,525
2%
$37,353
—
2017
$12,272
2%
$37,353
15%
2016
$12,048
12%
$32,431
—
2015
$10,749
7%
$32,431
—
2014
$10,007
4%
$32,431
1%
2013
$9,598
—
$32,122
—
2012
$9,639
—
$32,122
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Avenue 1 Realty Group

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227 N Marion Street, Oak Park, IL 60302 (MLS# 12577736) is a Multi-Family property with 3 units containing 7 bedrooms and 0 full bathrooms. 227 N Marion Street is currently listed for $723,000 and was received on February 25, 2026. Want to learn more about 227 N Marion Street? Do you have questions about finding other Multi-Family real estate for sale in Oak Park? You can browse all Oak Park real estate or contact a Coldwell Banker agent to request more information.

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