200 North Marion Street

Oak Park, IL 60302

$597,500
Price
4
Beds
2
Baths
2,250 Sq. Ft.
$266 / Sq. Ft.
2,250
Sq. Ft.
$266
per Sq. Ft.

Description

A vintage, two-unit apartment property located at 200 N Marion Street in Oak Park, Illinois. Oak Park is one of Chicago's most sought-after suburbs for homeowners and renters. Its unique mix of diversity, community, world-famous architecture, upscale neighborhoods and commerce make it an ideal location to own rental property. Oak Park is approximately nine miles west of the Chicago Loop and is accessible via the Eisenhower expressway, Metra train, and the CTA train and bus lines. This property is...A vintage, two-unit apartment property located at 200 N Marion Street in Oak Park, Illinois. Oak Park is one of Chicago's most sought-after suburbs for homeowners and renters. Its unique mix of diversity, community, world-famous architecture, upscale neighborhoods and commerce make it an ideal location to own rental property. Oak Park is approximately nine miles west of the Chicago Loop and is accessible via the Eisenhower expressway, Metra train, and the CTA train and bus lines. This property is located approximately 10 miles to O'Hare International Airport. The property features two two-bedroom / one-bathroom units (approximately 1,075 and 1,175 square feet) with large layouts, hardwood floors and outdoor rear porches. The property is located on the corner lot which benefits from an abundance of natural sunlight from the south and southwest corner of the building. Tenants are responsible for paying their own heat and electric and each unit has its own individual hot water boiler. Here, an investor has the opportunity to live-in and rent out or own strictly as an investment property in a great Oak Park location.
  1. Listed by Brigette Bell • B2B Investment Properties LLC

Property Details for 200 North Marion Street

Area
Oak Park
Township
Oak Park
Ownership
Fee Simple
Num Of Parking Spaces
0.0
Heat/Fuel
Natural Gas

Location

Listing Courtesy of B2B Investment Properties LLC
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LISTING UPDATED: 04/26/2024 04:11 PM

Property Details for 200 North Marion Street

StatusRe - Activated
MLS #11863692
Days on Market249
Taxes$11,465 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 2 Flat
Year Built1913
Lot Size0.03 AC / 1,175 SF
CountyCook County

Location

Listing Courtesy of B2B Investment Properties LLC
Add your commute

Building Information for 200 North Marion Street

Stories-Residences2Year Built1913Building Size-Lot Size0.03 AC / 1,175 SF

Payment Calculator

$4,216 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,261

Property Taxes

$955

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 200 North Marion Street

General Information
School Information
  • Elementary School District: 97
  • Elementary School: Oliver W Holmes Elementary Schoo
  • Jr High Middle School: Gwendolyn Brooks Middle School
  • High School District: 200
  • High School: Oak Park & River Forest High Sch
  • Middle Or Junior School District: 97
Addtl Parking Information
  • Parking: None
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 10
  • Bedrooms (Below Grade): 0
  • Basement Type: Full
  • Bedrooms Possible: 4
  • Basement Description: Unfinished
  • # Full Baths in Building: 2
  • # Half Baths in Building: 0
  • Num of Baths: 2.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 1,175 SF
  • Total # Units in Building: 2.0
  • Waterfront: No
  • Exterior Building Type: Stone
  • General Information: None
  • 3 Br Un In Bldg: No
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 5
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Gross Income: $48,540.00
  • Insurance Expense: $893.00
  • Maintenance Expense: $1,000.00
  • Insurance Expense Source: Actual
  • Other Expense Source: Broker Projection
  • Repairs-Decor Expense Source: Broker Projection
  • Water Expense Source: Actual
  • Net Operating Income: $32,862.00
  • Water Sewer Expense: $763.00
  • Other Expenses $: 500
Unit 1
  • Unit Type Actual Rent: $2,045.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 07/24
Unit 2
  • Unit Type Actual Rent: $2,000.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 10/23

Property History for 200 North Marion Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 200 North Marion Street

Taxable ValueLand$1,686Additions$23,314Total$25,000
Tax Record2018$9,231 ($769 / month)
Home Facts
Baths2Total Finished SqFt2,190 SqFtAbove Grade Finished SqFt2,190 SqFtStories2Lot Size1,775 SqFtStyleMulti-Family Res (5+ Units)Year Built1914CountyCOOKAPN16071130060000

Schools near 200 North Marion Street

This home is within Oak Park - River Forest School District 200.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - 9 to 12
Rating
School
Distance
Oliver W Holmes Elementary School
PublicK to 5

Gwendolyn Brooks Middle School
Public6 to 8

Oak Park & River Forest High School
Public9 to 12

Trinity High School
Private9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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200 North Marion Street is a multi-family home for sale in Oak Park, IL 60302. This property was listed for sale on August 21, 2023 by B2B Investment Properties LLC, it's currently listed at $597,500. This listing's school districts are Oak Park - River Forest School District 200, Oak Park Esd 97 School District. Nearby schools include Oliver W Holmes Elementary School, Gwendolyn Brooks Middle School and Oak Park & River Forest High School. 200 North Marion Street is a 4-bed, 2-bath, 2,250 sqft multi-family home built in 1913.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of B2B Investment Properties LLC

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.