Within a HUD-designated Qualified Census Tract — LIHTC projects here receive a 30% basis boost, significantly increasing the tax credit allocation for affordable housing development.
HUD — LIHTC Qualified Census Tracts ↗Affordable housing developments in QCTs receive a 30% increase in eligible basis for Low Income Housing Tax Credits — materially improving project feasibility. Allocated through MHFA.
HUD — LIHTC Qualified Census Tracts ↗Signals are based on public datasets; program eligibility requires verification.
No permits found in Minneapolis open data for this parcel.
Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 85
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 2,521 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3221 CHICAGO AVE MINNEAPOLIS MN 55407 | B LOKKESMOE & M AMUNDSEN | RESIDENTIAL | $228,700 | 40 ft |
| 3215 CHICAGO AVE MINNEAPOLIS MN 55407 | PAESE PROPERTIES LLC | APARTMENT | $451,000 | 40 ft |
| 3225 CHICAGO AVE MINNEAPOLIS MN 55407 | XAVIER CONZET/TIWONGE CHIRWA | RESIDENTIAL-TWO UNIT | $297,500 | 80 ft |
| 3209 CHICAGO AVE MINNEAPOLIS MN 55407 | DOUGLAS & CHARMIN HILL | RESIDENTIAL | $357,400 | 80 ft |
| 3229 CHICAGO AVE MINNEAPOLIS MN 55407 | R DEVET & C DEVET | RESIDENTIAL | $198,000 | 120 ft |
| 3216 ELLIOT AVE MINNEAPOLIS MN 55407 | SAMANTHA H TOOT & RYAN TOOT | RESIDENTIAL | $276,400 | 136 ft |
| 3205 CHICAGO AVE MINNEAPOLIS MN 55407 | FLORENCE F HILL ET AL | RESIDENTIAL | $208,000 | 137 ft |
| 3212 ELLIOT AVE MINNEAPOLIS MN 55407 | L & Z ESTATES LLC | RESIDENTIAL-TWO UNIT | $331,600 | 141 ft |
| 3222 ELLIOT AVE MINNEAPOLIS MN 55407 | TRUE TRUST ASSOCIATES LLC | APARTMENT | $463,000 | 142 ft |
| 3208 ELLIOT AVE MINNEAPOLIS MN 55407 | REANEY ESTATES LLC | RESIDENTIAL-TWO UNIT | $296,300 | 157 ft |
Most Recent Sale
Current Tax Year