#12371819, Laura Maychruk, Listing office: Laura Maychruk Real Estate
Property details
About 317 N Marion St
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!
Highlights
(New)
Summary
- Basement: Yes
- Total Bedroom Count: 5
- Garage Space: 2 spaces
- Parking: Garage Door Opener, On Site, Garage Owned, Detached, Off Alley, Owned, Garage
- Architectural Style: Greystone
- Heating: Natural Gas, Steam
- List Price: $674,900
- Annual Tax Amount: $14,139
- Tax Year: 2022
- Directions: Lake Street north on Marion
- Year Built: 1903
- MLS Number: 12409131
- MLS Name: MRED
- Office Name: RE/MAX In The Village
- Office Phone: (708) 386-1400
- Listing Agent: Keri Meacham
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Price information
Property sales
Date | Event | Price |
---|---|---|
Mar 04, 2021 | Home Sold | $480,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2022 | $36,822 | $14,139 |
2020 | $36,822 | $12,309 |
2019 | $38,901 | $13,608 |
2018 | $38,901 | $13,096 |
2017 | $42,900 | $14,275 |
History based on county public records data.
Nearby schools
8
Oliver Wendell Holmes Elementary School
Public District KG-5
0.3 mi
•508 N Kenilworth Ave
8
Mann Elementary School
Public District KG-5
0.7 mi
•921 N Kenilworth Ave
10
Lincoln Elementary School
Public District KG-4
0.9 mi
•511 Park Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $66,021. Most Oak Park, IL residents have annual incomes between $35k-100k. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.
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Frequently asked questions
About 317 N Marion St
The listing price of 317 N Marion St property is $674,900.
The property 317 N Marion St is a house located in Oak Park, Illinois, 60302.
Active Listing: 317 N Marion St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 317 N Marion St are: Oliver Wendell Holmes Elementary School (GreatSchools Rating 8/10), Mann Elementary School (GreatSchools Rating 8/10), Lincoln Elementary School (GreatSchools Rating 10/10), Roosevelt School (GreatSchools Rating 8/10), Brooks Middle School (GreatSchools Rating 6/10), Julian Middle School (GreatSchools Rating 4/10), Oak Park & River Forest High School (GreatSchools Rating 8/10), Proviso East High School (GreatSchools Rating 2/10), Douglass Academy High School (GreatSchools Rating 1/10).
According to the records, the last property tax for 2022 is $14,139 (source: MLS/based on county public records data).
The last sale was on March 4, 2021 for $480,000 (source: MLS/tax record).
The property at 317 N Marion St has 5 bedrooms and 2 bathrooms.
The year of construction for 317 N Marion St is 1903.
This home is located at 317 N Marion St in Oak Park, IL and zip code 60302. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 6, 2025 and is currently priced at $674,900.
Over 40 listings were sold over their listed price in June 2025 in Oak Park, IL. In the same period over 20 listings were sold below the listed price and 13 listings were sold for the listed price. In June 2025 in Oak Park, IL there were 10.6% more homes for sale than in May. In June 2025 median list price was $442,000 and the average listing age was 14 days.