212 N Marion Street Oak Park, IL $ 599,000
212 N Marion Street
$ 599,000
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212 N Marion Street

Oak Park, IL, 60302
$ 599,000
Bedrooms4 Baths2.0 Sq 2,450

Monthly Estimate*

$ 3,782

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Multi-Family Home for sale in Oak Park, IL

for $599,000 with 4 bedrooms and 2 full baths. This 2,450 square foot home was built in 1914.

Welcome to this timeless Greystone Two Flat, ideally situated in the prestigious Frank Lloyd Wright Historic District within the heart of Downtown Oak Park, where historic elegance meets modern opportunity. This exceptional property blends enduring architectural character with thoughtful updates, making it an outstanding opportunity for both owner-occupants and investors. The first floor unit has been tastefully refreshed with new interior paint all throughout, newer quartz countertops, stainless steel appliances, updated lighting, two spacious bedrooms, a beautifully appointed full bath, and a heated rear sunroom that serves as the perfect den retreat and/or an office/entertaining space. The second floor unit offers an equally inviting floor plan featuring two spacious bedrooms, a full bath, and an elegant front flex room that can be suited as a home office, library, sitting room, or additional living space and its heated rear sunroom creates yet another warm and versatile setting while preserving the home's original architectural charm. Every detail reflects pride of ownership. Additional highlights include newer windows throughout, hardwood floors throughout both units, separate utilities, an unfinished basement offering generous storage along with a washer and dryer for owner/tenant convenience and a beautifully reimagined front porch that welcomes relaxation, guests and seamless curb appeal. One of the property's most extraordinary features is its three private exterior parking spaces, located to side of the home, a true luxury in this coveted neighborhood and the only property on the block to offer dedicated parking. Whether envisioned as an owner-occupied investment, an elegant multigenerational residence, or a premier addition to a real estate portfolio, the possibilities are remarkable. Live in one residence while generating rental income from the other, or maximize returns with both units. The second-floor is occupied by a long-term tenant paying below market rent, presenting immediate value add potential. Both units offer the opportunity to command rental income approaching $2,400 per month, creating an attractive investment profile in one of Chicagoland's most sought after communities. Perfectly positioned in the vibrant heart of Downtown Oak Park, residents enjoy an irreplaceable location and walkable lifestyle surrounded by acclaimed restaurants, boutique shopping, artisan cafes, wellness studios, entertainment, neighborhood parks, and everyday conveniences. Proximity to Downtown Forest Park, the CTA Green Line, Metra, and an effortless commute to Downtown Chicago place the very best of the city and suburbs within easy reach. This is more than a two-flat. It is an opportunity to own an enduring piece of Oak Park's architectural legacy while embracing the lifestyle that one of Chicagoland's most desirable historic neighborhoods has to offer. Schedule your private showing today!

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Multi-Family Active

Price

$ 599,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 15,646

Style

Greystone

Year Built

1914

Town/City

Oak Park

County/Region

Cook

MLS | Web ID

12699273

Features
General
Sewer Public Sewer
Heating Steam Radiator(s)
Possession Closing Immediate
Zoning MULTI
Architectural Style Greystone
Construction Materials Brick
Year Built 1914
Township Oak Park
Tax Year 2024
Ownership Fee Simple
Community Features Sidewalks Street Lights Street Paved
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 13
Status New
Directions Chicago Ave to Marion St (E of Harlem Ave) then South to 212.
High School Oak Park & River Forest High Sch
City Oak Park
High School District 200
MLS Area Oak Park
Elementary School Oliver W Holmes Elementary Schoo
Tax Annual Amount 15646
Middle/Junior High School Oliver W Holmes Elementary Schoo
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 97
Elementary School District 97
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Interior
Basement Unfinished Full
Total Bedrooms 4
Room Type Den Enclosed Porch
Total Baths 2
Bedrooms Possible 4
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features Yes Owned
Water Source Lake Michigan
Total Parking 3
Lot Dimensions 2 190 SQ FT
Waterfront Y/N N
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* Excluded Features
List By
Coldwell Banker Realty

Broker

patrick.teague@cbrealty.com

Email

Affordability Calculator

$5,086
Per Month
74%
26%
0%
Monthly Principal & Interest
$3,782
Monthly Property Taxes
$1,304
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565661 Elementary School
565661 Middle School
Oak Park & River Forest High Sch High School
Pricing History
DatePricePrice ChangeDescription
7/23/2026$599,000 Listed Price

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212 N Marion Street, Oak Park, IL, 60302 is a Multi-Family Home for sale at $599,000 with 2,450 sqft. 212 N Marion Street has 4 bedrooms, 2.0 baths, and was built in 1914. The property's zip code is 60302 which is in Oak Park, IL