4541 S Forrestville Avenue, Chicago, IL 60653
Local realty services provided by:Better Homes and Gardens Real Estate Connections
4541 S Forrestville Avenue,Chicago, IL 60653
$1,230,000
- 13 Beds
- 8 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: michael scanlon, jake fugman
Office: exp realty
MLS#:12714290
Source:MLSNI
Price summary
- Price:$1,230,000
About this home
RARE investment opportunity in the heart of Bronzeville-a beautifully restored 1903 historic mansion thoughtfully converted into four oversized luxury apartments on a rare double-wide lot with additional value-add potential. This architect-designed 2025 renovation masterfully blends timeless vintage character with modern functionality, preserving original stained and leaded glass, intricate woodwork, hardwood floors, pocket doors, fireplaces, built-ins, and original doors throughout while introducing all new plumbing, upgraded 400-amp electrical service with separate meters, water heaters, insulation, custom kitchens, designer bathrooms, and individual HVAC/mini-split systems. Residents enjoy exceptional outdoor amenities including a welcoming front porch, private rear decks, side yard, and common courtyard patio. A substantial brick coach house provides three garage parking spaces on the main level while the upper level offers an outstanding opportunity for future expansion. Previously configured as additional living space, it presents tremendous potential for a fifth residential unit, guest suite, studio, office, or other income-producing use, subject to buyer verification and any required approvals. Each apartment occupies nearly an entire floor and benefits from four exposures, flooding the homes with natural light while offering spacious layouts, large bedrooms, in-unit laundry, private storage, and thoughtfully designed kitchens featuring soft-close cabinetry, solid surface countertops, induction cooking, upgraded appliances, designer backsplashes, and vent hoods. Bathrooms have been beautifully updated with a combination of walk-in showers, marble flooring, restored clawfoot tubs, and custom vanities. Quietly situated on a charming residential street surrounded primarily by single-family homes, this truly one-of-a-kind turnkey investment combines luxury finishes, irreplaceable historic architecture, and strong long-term rental appeal, with the added opportunity to further enhance value through the coach house. A rare offering in one of Chicago's most dynamic and appreciating neighborhoods....
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Home facts
- Year built:1890
- Subdivision & Development:Bronzeville
- Listing ID #:12714290
- Updated:September 17, 2026 at 11:07 AM
Rooms and interior
- Bedrooms:13
- Total bathrooms:8
- Full bathrooms:8
- Rooms Total:26
- Basement Description:Finished, Full
Heating and cooling
- Heating:Electric, Forced Air, Heat Pump, Natural Gas
Structure and exterior
- Year built:1890
- Architectural Style:Queen Anne
- Foundation Description:Block, Brick/Mortar, Concrete Perimeter
Utilities
- Water:Lake Michigan, Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,230,000
- Tax amount:$20,366 (2024)
Parking
- Total parking spaces:3
- Parking description:Detached Garage, Garage
- Garage:Yes
- Garage spaces:3
Copyright 2026 Midwest Real Estate Data LLC. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Listing information is deemed reliable but not guaranteed.New listings near 4541 S Forrestville Avenue
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