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 ↗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.
2 permits on record since 2019 · $16K total declared value · Most recent: Sep 2020 (misc)
KAT CONSTRUCTION LLC
CenterPoint Energy Resource Corp
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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 small multifamily (2–4 units, wood frame) benchmarks for 2,434 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 4045 CHICAGO AVE MINNEAPOLIS MN 55407 | LORNA B GRAY | RESIDENTIAL-TWO UNIT | $463,800 | 40 ft |
| 4037 CHICAGO AVE MINNEAPOLIS MN 55407 | A K PIETTE & B K MURPHY | RESIDENTIAL | $246,000 | 40 ft |
| 4049 CHICAGO AVE MINNEAPOLIS MN 55407 | LORA HICKS | RESIDENTIAL | $281,000 | 80 ft |
| 4033 CHICAGO AVE MINNEAPOLIS MN 55407 | LORA HICKS | RESIDENTIAL | $284,000 | 80 ft |
| 4053 CHICAGO AVE MINNEAPOLIS MN 55407 | M K AHMED & KHADRA M HUSSIEN | RESIDENTIAL | $386,500 | 120 ft |
| 4029 CHICAGO AVE MINNEAPOLIS MN 55407 | STACY SAMS | RESIDENTIAL | $244,000 | 120 ft |
| 4040 ELLIOT AVE MINNEAPOLIS MN 55407 | ALAN D NELSON ETAL | RESIDENTIAL | $292,000 | 135 ft |
| 4036 ELLIOT AVE MINNEAPOLIS MN 55407 | NICHOLAS J BISSEN | RESIDENTIAL | $394,100 | 141 ft |
| 4044 ELLIOT AVE MINNEAPOLIS MN 55407 | M W JORDAN & K A JORGENS | RESIDENTIAL | $340,000 | 141 ft |
| 4032 ELLIOT AVE MINNEAPOLIS MN 55407 | DANIELLE M CIFUENTES | RESIDENTIAL | $384,000 | 157 ft |
Most Recent Sale
Current Tax Year