Restored Four-Unit
For Sale
$1,230,000
4541 S Forrestville Avenue, Chicago, IL 60653
Residential Income, Chicago, IL
Property SizeContact for details
Days on Market50
Property Features for 4541 S Forrestville Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
13
Bathrooms
8
Full bathrooms
8
Rooms
Bathroom 6, Bedroom 7, Bedroom 8, Bathroom 7, Bedroom 1, Bathroom 2, Bathroom 8, Bedroom 11, Bedroom 12, Bedroom 13, Bedroom 2, Bathroom 5, Bedroom 6, Bathroom 3, Bedroom 9, Bedroom 4, Bathroom 4, Basement, Bedroom 5, Bedroom 3, Bathroom 1, Bedroom 10
Parking
3
Parking features
Garage
Patio and Porch features
Porch
Fencing
Fenced
Basement
Walk-Out Access, Full, Finished, Exterior Entry
Subdivision
Bronzeville
Elementary school district
299
Middle school district
299
High school district
299
Directions
Take 45th Street East or West to Forrestvile and then South to Property. The property is located 2 Blocks East of King Drive
Standard status
Active
APN
20034170170000
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
20366
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Heat Pump (Heating), Electric (Heating), Natural Gas
Water source
Public
Amenities
front porch
private rear decks
side yard
common courtyard patio
in-unit laundry
private storage
Building Details
Year built
1890
Building materials
Brick
Architectural style
Queen Anne
Listing Agency:
eXp Realty
(888) 574-9405
Listed By:
Michael Scanlon · License #475188240
(773) 630-9205
Added: Jul 23
Changed: Sep 3
Last Checked: Sep 10 at 8:06PM
MLS# 12714290
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 Queen Anne brick quadplex presents four generously sized apartments, each arranged across nearly an entire floor. A 2025 renovation preserved original stained and leaded glass, detailed woodwork, hardwood flooring, pocket doors, fireplaces, built-ins, and original doors while adding updated plumbing, 400-amp electrical service with separate meters, insulation, water heaters, kitchens, bathrooms, and individual HVAC or mini-split systems. Each residence includes large bedrooms, in-unit laundry, private storage, four exposures, and custom kitchen and bath finishes. Outdoor features include a front porch, rear decks, fenced side yard, and shared courtyard patio.
The property includes a brick coach house with three garage parking spaces on the main level. Its upper level was previously configured as living space and may support expansion into a fifth residential unit, guest suite, studio, office, or other income-producing use, subject to buyer verification and required approvals. Public water and sewer serve the property, which is located at 4541 S Forrestville Avenue in Chicago's Bronzeville neighborhood.
The property includes a brick coach house with three garage parking spaces on the main level. Its upper level was previously configured as living space and may support expansion into a fifth residential unit, guest suite, studio, office, or other income-producing use, subject to buyer verification and required approvals. Public water and sewer serve the property, which is located at 4541 S Forrestville Avenue in Chicago's Bronzeville neighborhood.
Key Highlights
- Four oversized apartments, each occupying nearly an entire floor
- 2025 renovation with new plumbing, insulation, water heaters, and updated kitchens and baths
- 400‑amp electrical service with separate meters and individual HVAC or mini‑split systems
Property Analytics
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Current Use
Lease Details
4
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,618
Businesses Nearby
Explore this area
Business Placement
Demographics for 60653, IL
33,146
Population
18,279
Households
1.8
Avg Household Size
37
Median Age
38%
College-Educated
90%
High-School Grad
2.4 sq mi
ZIP Area
13,811
Density / Sq Mi
$39,565
Median Household Income
$49,335
Median Earnings
$856
Median Rent
$347,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Quadplex - Renovated apartments retain historic details alongside modern systems and private outdoor spaces.
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 $1,230,000.
What are key features of this property?
This property features: Four oversized apartments, each occupying nearly an entire floor; 2025 renovation with new plumbing, insulation, water heaters, and updated kitchens and baths; 400‑amp electrical service with separate meters and individual HVAC or mini‑split systems
