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 ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗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.
No permits found in Minneapolis open data for this parcel.
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 1,916 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3308 CHICAGO AVE MINNEAPOLIS MN 55407 | T L HIRSCHI & S J HIRSCHI | LOW INCOME RENTAL | $268,000 | 33 ft |
| 3316 CHICAGO AVE MINNEAPOLIS MN 55407 | J G YUPA & M C CHUQUI | RESIDENTIAL | $311,500 | 42 ft |
| 3306 CHICAGO AVE MINNEAPOLIS MN 55407 | WILSON PAUCER | TRIPLEX | $338,000 | 66 ft |
| 3322 CHICAGO AVE MINNEAPOLIS MN 55407 | HW VENTURES LLC | CONDOMINIUM | $129,000 | 92 ft |
| 3322 CHICAGO AVE MINNEAPOLIS MN 55407 | HW VENTURES LLC | CONDOMINIUM | $136,000 | 92 ft |
| 3322 CHICAGO AVE MINNEAPOLIS MN 55407 | HW VENTURES LLC | CONDOMINIUM | $137,000 | 92 ft |
| 3322 CHICAGO AVE MINNEAPOLIS MN 55407 | HW VENTURES LLC | CONDOMINIUM | $137,000 | 92 ft |
| 3322 CHICAGO AVE MINNEAPOLIS MN 55407 | HW VENTURES LLC | CONDOMINIUM | $137,000 | 92 ft |
| MN | Unknown | — | — | 92 ft |
| 3300 CHICAGO AVE MINNEAPOLIS MN 55407 | A IBRAHIM & R S I ABUHAMED | COMMERCIAL-PREFERRED | $383,000 | 113 ft |
Most Recent Sale
Current Tax Year