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 ↗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 ↗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 ↗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 ↗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.
5 permits on record since 2017 · $38K total declared value · Most recent: Dec 2025 (commfdrr)
Quality Refrigeration Inc
Virtue Construction LLC
THE HOME DEPOT
Hw2 design & architechs
Peters Plumbing LLC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Powderhorn Park · 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
Most Recent Sale
Current Tax Year
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3153 CHICAGO AVE MINNEAPOLIS MN 55407 | AREFLAND LLC | COMMERCIAL-PREFERRED | $104,500 | 40 ft |
| 3149 CHICAGO AVE MINNEAPOLIS MN 55407 | AMMAR AREF/PATRICIA ALVARADO | TOWNHOUSE | $263,200 | 79 ft |
| 3147 CHICAGO AVE MINNEAPOLIS MN 55407 | TERI L LIBERA | TOWNHOUSE | $210,800 | 109 ft |
| 3205 CHICAGO AVE MINNEAPOLIS MN 55407 | FLORENCE F HILL ET AL | RESIDENTIAL | $208,000 | 117 ft |
| 3145 CHICAGO AVE MINNEAPOLIS MN 55407 | KAILASH E LUCAS-BARADAN ETAL | TOWNHOUSE | $238,600 | 132 ft |
| 3156 ELLIOT AVE MINNEAPOLIS MN 55407 | M TROUTMAN & A BLUMENSHINE | RESIDENTIAL-TWO UNIT | $392,700 | 137 ft |
| 3152 ELLIOT AVE MINNEAPOLIS MN 55407 | WILLIAM E DOBBS JR ET AL | RESIDENTIAL | $321,000 | 142 ft |
| 3148 ELLIOT AVE MINNEAPOLIS MN 55407 | J W DEVRIES JR & B I DEVRIES | RESIDENTIAL | $309,200 | 158 ft |
| 3143 CHICAGO AVE MINNEAPOLIS MN 55407 | JEROME HAYWOOD/SANDRA GARCIA | TOWNHOUSE | $242,900 | 162 ft |
| 3200 ELLIOT AVE MINNEAPOLIS MN 55407 | REBECCA A AYLESWORTH | RESIDENTIAL | $242,400 | 168 ft |