On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.
Minneapolis Great Streets ↗Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.
Metro Council — Livable Communities ↗In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.
Minneapolis — Affordable Housing Trust Fund ↗Designated a Priority parcel in Minneapolis's Great Streets program — eligible for facade improvement grants and commercial gap financing.
Minneapolis Great Streets ↗Within the East Lake Street Cultural District — eligible for Great Streets priority financing and cultural district-specific CPED programs.
Minneapolis — Cultural Districts ↗Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.
Minneapolis — Facade Improvement Matching Grant ↗Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.
Minneapolis Great Streets — Gap Financing ↗Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.
Metro Council — Livable Communities ↗Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.
Minneapolis — Brownfield Grants ↗Signals are based on public datasets; program eligibility requires verification.
3 permits on record since 2017 · $18K total declared value · Most recent: Oct 2025 (misc)
Masterbuilt Construction LLC
AA Garage Door LLC
Airic's Heating & Air Conditioning Inc
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Central · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 84
Zip code 55407
Source: Redfin Data Center (Invalid Date) · Zip 55407
Residential Mixed-Use 1 — low-density mixed residential
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Back-of-envelope estimate based on small multifamily (2–4 units, wood frame) benchmarks for 2,506 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3140 CHICAGO AVE MINNEAPOLIS MN 55407 | GREGORY J BERENDT | RESIDENTIAL-TWO UNIT | $306,200 | 40 ft |
| 3148 CHICAGO AVE MINNEAPOLIS MN 55407 | J SATTERTHWAITE & E LEE | RESIDENTIAL | $290,800 | 40 ft |
| 3136 CHICAGO AVE MINNEAPOLIS MN 55407 | EQUITRON HOLDINGS LLC | TRIPLEX | $385,700 | 80 ft |
| 3152 CHICAGO AVE MINNEAPOLIS MN 55407 | SANTIAGO D GUACHAMIN ASTIEDA | RESIDENTIAL-TWO UNIT | $379,200 | 80 ft |
| 3132 CHICAGO AVE MINNEAPOLIS MN 55407 | A R JOHNSON & J R HENRY | RESIDENTIAL | $329,600 | 120 ft |
| 3156 CHICAGO AVE MINNEAPOLIS MN 55407 | KIMBERLY B CHRISTOFFEL RV TR | RESIDENTIAL | $263,200 | 120 ft |
| 3145 COLUMBUS AVE MINNEAPOLIS MN 55407 | MARIA C YUPA MOROCHO ET AL | RESIDENTIAL | $224,000 | 135 ft |
| 3149 COLUMBUS AVE MINNEAPOLIS MN 55407 | ADAM M ISMAIL | RESIDENTIAL | $444,400 | 141 ft |
| 3141 COLUMBUS AVE MINNEAPOLIS MN 55407 | DAVID T ROWE | RESIDENTIAL | $270,600 | 141 ft |
| 3160 CHICAGO AVE MINNEAPOLIS MN 55407 | J E STRADER & A J JOSEPH | RESIDENTIAL | $233,800 | 156 ft |
Most Recent Sale
Current Tax Year