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 ↗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 ↗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.
Bancroft · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 96
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 3-story wood frame (5–12 units) benchmarks for 3,546 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3923 CHICAGO AVE MINNEAPOLIS MN 55407 | ASHLEY MINEAU | APARTMENT | $566,000 | 53 ft |
| 3933 CHICAGO AVE MINNEAPOLIS MN 55407 | EDGAR LEMA & CELESTINA LEMA | CONDOMINIUM | $169,000 | 53 ft |
| 3933 CHICAGO AVE MINNEAPOLIS MN 55407 | JOHN BABBS/ELIZABETH MELTON | CONDOMINIUM | $169,000 | 53 ft |
| 3933 CHICAGO AVE MINNEAPOLIS MN 55407 | J BROWN/M BROWN/N K BROWN | CONDOMINIUM | $170,000 | 53 ft |
| 3933 CHICAGO AVE MINNEAPOLIS MN 55407 | ANTIGONUS TRUST | CONDOMINIUM | $160,000 | 53 ft |
| MN | Unknown | — | — | 53 ft |
| 3917 CHICAGO AVE MINNEAPOLIS MN 55407 | R JUBA & J PADELFORD | APARTMENT | $532,000 | 107 ft |
| 3939 CHICAGO AVE MINNEAPOLIS MN 55407 | NATHAN L OFFICER | CONDOMINIUM | $78,000 | 122 ft |
| 3939 CHICAGO AVE MINNEAPOLIS MN 55407 | M A ROMAN & G J DAVIDGE | CONDOMINIUM | $112,000 | 122 ft |
| 3939 CHICAGO AVE MINNEAPOLIS MN 55407 | ALEXANDER GHEBREGZI | CONDOMINIUM | $144,000 | 122 ft |
Most Recent Sale
Current Tax Year