Restored Historic Quadplex Residence

4541 S Forrestville Avenue Chicago, IL 60653

Claim this Listing
For Sale
$1,250,000

MULTI_FAMILY - Queen Anne - Chicago, IL

Added:
Jul 2, 2026
Days on Market:
11
Last Refresh:
Jul 12 at 2:06 am

Property Features for 4541 S Forrestville Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
13
Bathrooms
8
Rooms
Bedroom 8, Bedroom 2, Bathroom 4, Bathroom 7, Bedroom 12, Bathroom 6, Bathroom 5, Bathroom 2, Bedroom 5, Bathroom 8, Bedroom 6, Bedroom 10, Bedroom 13, Basement, Bedroom 9, Bedroom 7, Bedroom 3, Bathroom 3, Bedroom 1, Bedroom 4, Bedroom 11, Bathroom 1
Parking
3
Parking features
Garage
Patio and Porch features
Porch
Fencing
Fenced
Basement
Exterior Entry, Full, Walk-Out Access, Finished
Standard status
Active
APN
20034170170000

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
20366

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas, Electric (Heating), Heat Pump (Heating), Forced Air
Water source
Public

Building Details

Year built
1890
Building materials
Brick
Architectural style
Queen Anne

Listing agent Michael Scanlon License #475188240

Listing office eXp Realty 939 W. North Ave., Chicago, IL

Listing date Jul 2, 2026

MLS# 12694066 Listing URL

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.


Investment Insights

Based on property information with market context.

This for-sale quadplex features a 1903 historic mansion restored and renovated in 2025 into four oversized apartment homes. The renovation preserves original stained and leaded glass, intricate woodwork, hardwood floors, pocket doors, fireplaces, built-ins, and original doors, while adding all new plumbing and electrical service with upgraded 400A capacity and separate meters, along with new water heaters. Kitchens and baths are fully updated, and each unit includes individual HVAC/mini-split systems plus insulation improvements. Interiors also include in-unit washer/dryers and private storage.

Set on a rare double-wide lot on a short residential street among single-family homes in Chicago’s Bronzeville area, the property offers outdoor gathering space with a welcoming front porch, private rear decks, a side yard, and a common courtyard patio. A large brick coach house on the site includes parking for three cars on the lower level, with potential for additional living space, studio, office, or a rental unit above.

The apartment mix includes a 3-bedroom/1-bath garden unit plus full-floor units. Unit 1 is a 2,106 SF 3-bedroom/3-bath residence with a walnut-paneled dining room, bay windows, wood beams, and two ensuite baths. Unit 2 is a 2,100 SF 3-bedroom/2-bath home with stained glass, a decorative fireplace, and an expansive solarium with terrazzo floors and lunette windows. Unit 3 is a 2,044 SF penthouse with four bedrooms and two baths, including a skylit stairwell entry and original hardwood floors. The combination of historic character, modern systems, and four distinct layouts supports a turnkey buyer seeking an upscale residential income property.

Key Highlights

  • Queen Anne brick property built in 1890, converted into 4 apartments with original stained/leaded glass, woodwork, hardwood floors, pocket doors, fireplaces, built‑ins, and doors.
  • 2025 renovation added all new plumbing and electrical with upgraded 400A service and separate meters, plus new water heaters, kitchens, baths, insulation, and individual HVAC/mini‑splits.
  • In‑unit washer/dryers and private storage in each apartment, plus custom kitchens with soft‑close cabinetry, solid‑surface countertops, induction cooking, upgraded appliances, and hoods.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

HVAC Service Kitchen & Bath Showroom Building Supply Auto Parts Store Auto Repair Shop Carpet & Flooring Store Florist Veterinary Clinic Home Appliance Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Four renovated luxury apartments inside a 1903 mansion, updated with new utilities, separate meters, and individual HVAC systems.
Where is this quadplex located?
The property is located at 4541 S Forrestville Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Queen Anne brick property built in 1890, converted into 4 apartments with original stained/leaded glass, woodwork, hardwood floors, pocket doors, fireplaces, built‑ins, and doors.; 2025 renovation added all new plumbing and electrical with upgraded 400A service and separate meters, plus new water heaters, kitchens, baths, insulation, and individual HVAC/mini‑splits.; In‑unit washer/dryers and private storage in each apartment, plus custom kitchens with soft‑close cabinetry, solid‑surface countertops, induction cooking, upgraded appliances, and hoods.
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