Skip to main content

Mixed-Use

101 N Marion St

101 N Marion St, Oak Park, IL 60301

Listing Price: $1,800,000

Cap Rate
9.61%
Number of Units
26
Occupancy
95.0%
Price/Unit
$69,231
Price/Gross SF
$144.56
Gross SF
12,452

Investment Overview

Marcus & Millichap is pleased to present 101 North Marion Street in Oak Park, Illinois.
Oak Park is approximately 10 miles from Chicago’s downtown Loop and is one of the
most sought-after suburbs for homeowners and renters. Oak Park’s unique mix of
diversity, community, world-famous architecture, upscale neighborhoods and commerce
make it an ideal location to own rental property.
101 North Marion Street is a mixed-use building consisting of two retail spaces, 20 office
spaces, one studio apartment unit (approximately 550 square feet), one one-bedroom /
one-bathroom unit (approximately 756 square feet) and two two-bedroom / twobathroom
units (approximately 850 square feet). The subject property is located in
Downtown Oak Park, approximately two blocks south of Lake Street in a major retail
corridor for the area. Tenants at the property are able to conveniently commute as the
property is located within one block of the CTA Green Line Harlem/Lake station and Oak
Park Metra station (Union Pacific West line). Additionally, 101 North Marion Street is
approximately one mile north of Interstate 290.
This investment is an opportunity for a new investor to acquire a corner mixed-use
property in an irreplaceable Oak Park location.

Investment Highlights

  • Irreplaceable Downtown Oak Park Location
  • Located within a Retail Corridor
  • Across the Street from Oak Park Metra Station (Approximately 1,100 Riders Per Day)
  • One Block from CTA Green Line (Harlem/Lake Station)
  • Great Demographics - Average Household Income of Over $120,000 Within One Mile

Exclusively Listed By

Mixed-Use

101 N Marion St

Listing Price: $1,800,000

Cap Rate
9.61%
Number of Units
26
Occupancy
95.0%
Price/Unit
$69,231
Price/Gross SF
$144.56
Gross SF
12,452

Investment Highlights

  • Irreplaceable Downtown Oak Park Location
  • Located within a Retail Corridor
  • Across the Street from Oak Park Metra Station (Approximately 1,100 Riders Per Day)
  • One Block from CTA Green Line (Harlem/Lake Station)
  • Great Demographics - Average Household Income of Over $120,000 Within One Mile

Investment Overview

Marcus & Millichap is pleased to present 101 North Marion Street in Oak Park, Illinois. Oak Park is approximately 10 miles from Chicago’s downtown Loop and is one of the most sought-after suburbs for homeowners and renters. Oak Park’s unique mix of diversity, community, world-famous architecture, upscale neighborhoods and commerce make it an ideal location to own rental property. 101 North Marion Street is a mixed-use building consisting of two retail spaces, 20 office spaces, one studio apartment unit (approximately 550 square feet), one one-bedroom / one-bathroom unit (approximately 756 square feet) and two two-bedroom / twobathroom units (approximately 850 square feet). The subject property is located in Downtown Oak Park, approximately two blocks south of Lake Street in a major retail corridor for the area. Tenants at the property are able to conveniently commute as the property is located within one block of the CTA Green Line Harlem/Lake station and Oak Park Metra station (Union Pacific West line). Additionally, 101 North Marion Street is approximately one mile north of Interstate 290. This investment is an opportunity for a new investor to acquire a corner mixed-use property in an irreplaceable Oak Park location.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower