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About This Home

This 13-bedroom, 8-bathroom residential multi family at 4541 S Forrestville Avenue in Chicago, IL is listed for $1,350,000. Built in 1890, on a 0.13 acres lot.

Agent Description

RARE investment opportunity in the heart of Bronzeville - a beautifully restored 1903 historic mansion converted into four oversized luxury apartments on a rare double-wide lot. This architect-designed 2025 renovation blends timeless vintage character with modern functionality, preserving original stained and leaded glass, intricate woodwork, hardw

ood floors, pocket doors, fireplaces, built-ins, and original doors throughout while adding all new plumbing, electrical with upgraded 400A service and separate meters, water heaters, kitchens, baths, insulation, and individual HVAC/mini-split systems.

The property offers gracious outdoor living with a welcoming front porch, private rear decks, side yard, and common courtyard patio, plus a large brick coach house featuring parking for 3 cars on the lower level with incredible potential for additional living space, studio, office, or rental unit above.

Each spacious full-floor unit features four exposures with abundant natural light, large bedrooms, in-unit washer/dryers, private storage, and custom-designed kitchens with soft-close cabinetry, solid surface countertops, induction cooking, upgraded appliances, backsplashes, and hoods.

Bathrooms are fully updated with a mix of walk-in showers, marble slab flooring, upgraded cabinetry, and restored clawfoot tubs. Unit mix includes a 3 bed/1 bath garden unit with exposed brick and maple LVP flooring; Unit 1 is a stunning 2,106 SF 3 bed/3 bath residence featuring walnut-paneled dining room, statement island kitchen, bay windows, woo

d beams, and two ensuite baths; Unit 2 is a 2,100 SF 3 bed/2 bath home with stained glass, decorative fireplace, expansive solarium with terrazzo floors and lunette windows, and flexible office/family room space; Unit 3 is a 2,044 SF penthouse offering 4 bedrooms, 2 baths, skylit stairwell entry, original hardwood floors, private ensuite bath potential, and flexible layout.

Quietly situated on a short residential street among single-family homes, this one-of-a-kind turnkey property offers luxury finishes, strong rental appeal, and irreplaceable historic charm.

Key Features

  • Built in 1890
  • 0.13 acre lot
  • 3 parking spaces

Property Details

8 full
3 spaces
1890

Monthly Cost Estimate

$7,220/mo

20% down · 6.5% · 30 years

Principal$976
Interest$5,850
Insurance$394

Estimates only. Actual payments may vary.

Location

4541 S Forrestville Avenue

Chicago, IL 60653

Bronzeville

Property Details

Construction

Brick

Pool Features

Porch

Parking

Garage

Heating

Natural GasForced AirElectric (Heating)Heat Pump (Heating)

Questions & Answers

This 13-bedroom, 8-bathroom residential multi family at 4541 S Forrestville Avenue is listed at $1,350,000. The estimated monthly payment is $5,850 based on 20% down at 6.5% interest.

Key features include: Built in 1890, 0.13 acre lot, 3 parking spaces.

This property is listed by Michael Scanlon and can be reached at (888) 574-9405 or michael.scanlon@exprealty.com.

MS

Michael Scanlon

Agent at eXp Realty

(888) 574-9405

Listed by eXp Realty · View on Broker Site

MLS# 12651023· Source: listhub· Updated 14 days ago

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

4541 S Forrestville Avenue, Chicago, IL 60653

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