4541 S Forrestville AVE, Chicago, IL 60653
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4541 S Forrestville AVE, Chicago, IL 60653
4541 S Forrestville AVE, Chicago, IL 60653
4541 S Forrestville AVE, Chicago, IL 60653
4541 S Forrestville AVE, Chicago, IL 60653
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4541 S Forrestville AVE Chicago, IL 60653

13 Beds

8 Baths


Open House

Sat Aug 01, 12:00pm - 2:00pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

Subdivision Bronzeville

MLS Listing ID 12714290

Style Queen Anne

Bedrooms 13

Year Built 1890

Annual Tax Amount $20,366

Tax Year 2024

Lot Dimensions 6002

Property Sub-Type Two to Four Units

Property Description

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.

Location

State IL

County Cook

Area Chi - Grand Boulevard

Rooms

Basement Finished, Exterior Entry, Full, Walk-Out Access

Interior

Heating Natural Gas, Electric, Forced Air, Heat Pump

Fireplace N

Exterior

Garage Spaces 3.0

Community Features Gated, Sidewalks, Street Lights

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan, Public

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None


Midwest Real Estate Data (MRED) IDX
Listed by Michael Scanlon of  eXp Realty 

NEARBY SCHOOLS & PROPERTIES

Yura Figel

Yura Figel

Real Estate Broker

+1(224) 633-2001

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4541 S Forrestville AVE