USAILChicagoBronzeville4541 Forrestville Ave

4541 Forrestville Ave, Chicago, IL

Name: 4541 Forrestville Ave, For Sale in Chicago - Zoocasa
Brand: eXp Realty
SKU: 12714290
Price: 1230000 USD

House

For Sale

Listed price in listed location currency (USD).

$1,230,000

1383

MLS® 12714290

Overview

Key Facts

Type Multi Family

Levels Residential Income

Size -

Garage Yes

Taxes $20,366

Days Active 12

Lot Size 0 Acres

Approx. Age 1890

MLS® Number 12714290

Property Address: 4541 Forrestville Ave, Chicago, IL, 60653-4196

Average square foot calculated using Size range provided by listing agent.

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.

MLS® Number12714290

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age1890

BasementFinished, Exterior Entry, Full, Walk-Out Access

DrivewayGarage, Yes, Garage Owned, Detached

Garage Spaces

HeatNatural Gas, Electric, Forced Air, Heat Pump

A/C

Extras

Map

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