$552,000
$597,500
7.6%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
SOLD DATE : 11/06/2024
Key Details
Sold Price $552,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11863692
Sold Date 11/06/24
Bedrooms 4
Year Built 1913
Annual Tax Amount $11,765
Tax Year 2022
Lot Dimensions 1,175 SF
Property 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 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.
Location
State IL
County Cook
Rooms
Basement Full
Interior
Heating Natural Gas
Fireplace N
Exterior
Waterfront false
View Y/N true
Building
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
Elementary Schools Oliver W Holmes Elementary Schoo
Middle Schools Gwendolyn Brooks Middle School
High Schools Oak Park & River Forest High Sch
School District 97, 97, 200
Others
Ownership Fee Simple
Special Listing Condition None
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Wayne Beals • Exit Strategy Realty / EMA Management
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
2600 S. Michigan Ave., STE 102, Chicago, IL, 60616, United States