Active Open Saturday 08/01 2 PM-4 PM

4541 S Forrestville Avenue

Chicago, IL 60653
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Bed 13

Bed

Bath 8

Bath

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, an d 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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Detail Ic Property Details

Property Type : Residential Income

Price : $1,100,000

AD Id : 88337769

MLS Id : MRD12714290

Beds : 13

Year Built : 1890

Garage : 3

County : Cook

Subdivision: Bronzeville

Open House Open House

  • 08/01 2 PM-4 PM
  • Map Map

Map

Feature Features

  • Bedroom Information

    Total Bedroom: 13 Room Types: Foyer

    Bathroom Information

    Total Baths: 8

    Room Information

    Rooms Total: 26
  • Flooring Information

    Construction Materials: Brick
  • Heating & Cooling

    Heating: Natural Gas, Electric, Forced Air, Heat Pump WaterSource: Lake Michigan, Public

  • Building Information

    Year Built: 1890

  • Lot Information

    Lot Dimensions: 6002 Lot Size: Oversized Chicago Lot

    Property Information

    Property Type: Residential Income Style: Queen Anne Sub Type: Two to Four Units

  • Listing Price Information

    Original List Price:$1100000

  • Tax Information

    Annual Tax: $20366 Tax Year: 2024 Parcel Number: 20034170170000

  • Parking Information

    Total Parking: 3 Garage, Yes, Garage Owned, Detached Is Parking Included in Price: Yes

    Garage Information

    Garage Space: 3

  • Utility Information

    Sewer: Public Sewer Water Source: Lake Michigan, Public
  • Location Information

    Subdivision: Bronzeville City: Chicago Direction: Take 45th Street East or West to Forrestvile and then South to Property. The property is located 2 Blocks East of King Drive
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
4245 S Langley Avenue #3, Chicago, IL, 60653 $389,999 3 2 1,850 1,850 SqFt
3761 S Lake Park Avenue, Chicago, IL, 60653 $639,900 5 3 2,556 2,556 SqFt
543 E 43rd Street #2E, Chicago, IL, 60653 $319,999 3 2 1,600 1,600 SqFt
4321 S Ellis Avenue #2, Chicago, IL, 60653 $320,000 3 2 1,800 1,800 SqFt
4351 S Vincennes Avenue.., Chicago, IL, 60653 $435,000 3 2 1,500 1,500 SqFt
4417 S Calumet Avenue #2S, Chicago, IL, 60653 $250,000 2 2 1,200 1,200 SqFt
4316 S Michigan Avenue .., Chicago, IL, 60653 $499,900 3 3 2,800 2,800 SqFt
4541 S Forrestville Ave.., Chicago, IL, 60653 $1,225,000 13 8 --
4345 S Indiana Avenue #4S, Chicago, IL, 60653 $300,000 3 2 1,570 1,570 SqFt
3735 S Lake Park Avenue.., Chicago, IL, 60653 $350,000 3 3 1,600 1,600 SqFt
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ByOwner last updated this listing 07/27/2026 @ 18:20

MLS: MRED #12714290 LISTED BY: Michael Scanlon, eXp Realty 888-574-9405 SOURCE: Midwest Real Estate Data LLC (MRED) (Listings courtesy of Midwest Real Estate Data LLC (MRED) as distributed by MLS GRID)

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