Added: May 20Changed: Aug 23Last Checked: Aug 7 at 9:09AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty
Investment Insights
Based on property information with market context.
This restored 1903 historic mansion, located in the heart of Bronzeville, has been converted into four oversized luxury apartments on a double-wide lot. The architect-designed 2025 renovation blends vintage character with modern functionality, preserving original stained and leaded glass, intricate woodwork, hardwood floors, pocket doors, fireplaces, built-ins, and original doors. The property has all new plumbing, electrical with upgraded 400A service and separate meters, water heaters, kitchens, baths, insulation, and individual HVAC/mini-split systems. Outdoor living is enhanced by a welcoming front porch, private rear decks, a side yard, and a common courtyard patio. A large brick coach house features parking for 3 cars on the lower level, with potential for additional living space, a studio, an office, or a rental unit above. Each 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. The bathrooms are fully updated with walk-in showers, marble slab flooring, upgraded cabinetry, and restored clawfoot tubs. The unit mix includes a 3 bed/1 bath garden unit with exposed brick and maple LVP flooring; Unit 1 is a 2,106 SF 3 bed/3 bath residence featuring a walnut-paneled dining room, statement island kitchen, bay windows, wood beams, and two ensuite baths; Unit 2 is a 2,100 SF 3 bed/2 bath home with stained glass, a decorative fireplace, an 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, a skylit stairwell entry, original hardwood floors, private ensuite bath potential, and a flexible layout. The property is situated on a short residential street among single-family homes.
Key Highlights
Rare, fully renovated 1903 historic mansion in Bronzeville, converted into four luxury apartments on a double‑wide lot.
Architect‑designed renovation blends original vintage character with modern systems.
Includes a large brick coach house with 3‑car parking and potential for additional living space/rental unit.
Property Analytics
Property Profile
Current Use
Quadplexes
Suggested Use
Top PickHVAC ServiceKitchen & Bath ShowroomBuilding SupplyAuto Parts StoreAuto Repair ShopCarpet & Flooring Store
Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.
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
Market
Vacancy Rate%for Multifamily in Midwest region
6.5%2022
7.5%2023
7.8%2024
8%2025
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Quadplex - Restored 1903 mansion with four luxury apartments and coach house.
Where is this quadplex located?
The property is located at 4541 South Forrestville Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Rare, fully renovated 1903 historic mansion in Bronzeville, converted into four luxury apartments on a double‑wide lot.; Architect‑designed renovation blends original vintage character with modern systems.; Includes a large brick coach house with 3‑car parking and potential for additional living space/rental unit.