4541 S Forrestville Avenue
Chicago, IL, 60653
$1,100,000
13 Beds
8 Baths
0 SqFt
0 Acres
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$1,100,000
4541 S Forrestville Avenue
Chicago, IL, 60653
MLS #MRD12714290 image #0MLS #MRD12714290 image #1MLS #MRD12714290 image #2MLS #MRD12714290 image #3MLS #MRD12714290 image #4MLS #MRD12714290 image #5MLS #MRD12714290 image #6MLS #MRD12714290 image #7MLS #MRD12714290 image #8MLS #MRD12714290 image #9MLS #MRD12714290 image #10MLS #MRD12714290 image #11MLS #MRD12714290 image #12MLS #MRD12714290 image #13MLS #MRD12714290 image #14MLS #MRD12714290 image #15MLS #MRD12714290 image #16MLS #MRD12714290 image #17MLS #MRD12714290 image #18MLS #MRD12714290 image #19MLS #MRD12714290 image #20MLS #MRD12714290 image #21MLS #MRD12714290 image #22MLS #MRD12714290 image #23MLS #MRD12714290 image #24MLS #MRD12714290 image #25MLS #MRD12714290 image #26MLS #MRD12714290 image #27MLS #MRD12714290 image #28MLS #MRD12714290 image #29MLS #MRD12714290 image #30MLS #MRD12714290 image #31MLS #MRD12714290 image #32MLS #MRD12714290 image #33MLS #MRD12714290 image #34MLS #MRD12714290 image #35MLS #MRD12714290 image #36MLS #MRD12714290 image #37MLS #MRD12714290 image #38MLS #MRD12714290 image #39MLS #MRD12714290 image #40MLS #MRD12714290 image #41MLS #MRD12714290 image #42MLS #MRD12714290 image #43MLS #MRD12714290 image #44MLS #MRD12714290 image #45MLS #MRD12714290 image #46MLS #MRD12714290 image #47MLS #MRD12714290 image #48MLS #MRD12714290 image #49
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.

Property Details

Price:
$1,100,000
MLS #:
MRD12714290
Status:
Active Under Contract
Beds:
13
Baths:
8
Type:
Multi Family
Subdivision:
Bronzeville
Neighborhood:
chigrandboulevard
Listed Date:
Jul 23, 2026
Year Built:
1890
Queen AnneChi – Grand BoulevardChigrandboulevardBronzeville

Schools

School District:
299

Interior

Heating
Natural Gas, Electric, Forced Air, Heat Pump

Exterior

Architectural Style
Queen Anne
Community Features
Gated, Sidewalks, Street Lights
Construction Materials
Brick
Fencing
Fenced
Garage Spaces
3
Parking Features
Garage, Yes, Garage Owned, Detached
Parking Spots
3
Parking Total
3
Patio And Porch Features
Porch

Financial

Tax Year
2024
Taxes
$20,366
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Multi Family in Chicago as of Aug 16, 2026
1,411
Multi Family Listed
84
Avg DOM
$530,708
Avg List Price

Community

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Property Summary

    Located in the Bronzeville subdivision, 4541 S Forrestville Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60653. It is listed for $1,100,000 To schedule a showing of MLS#mrd12714290 at 4541 S Forrestville Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
4541 S Forrestville Avenue
Chicago, IL