4229 CHICAGO AVE MINNEAPOLIS MN 55407

PID: 1102824310016

Property Overview

Parcel ID1102824310016

Lot Size5,654 sq ft (0.130 ac)

Lot Dimensions (est.)121 ft wide × 47 ft deep

Year Built1911

Property ClassRESIDENTIAL

OwnerDISA MORAINE/DANIEL MORAINE

Assessed Value$303,000

Land Value$106,000

Building Value$197,000

Annual Tax$4,403

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2018 · $12K total declared value · Most recent: Mar 2026 (res)

ResMar 2026Inspection

Warners Stellian Co Inc

ResJun 2022Closed

Warners Stellian Co Inc

MiscAug 2020Closed

$2K

CUSTOM REMODELERS LLC

MiscMay 2018Closed

$10K

PLATINUM BUILDERS LLP

ExistresApr 2018Closed

UPTOWN PLUMBING HEATING AND COOLING

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Minneapolis

Median reported rent1,090/mo

Renter-occupied19.0%

Median home value$334K

Vacancy rate0.0%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 110

Market Snapshot

Zip code 55407

Median sale price$340K+1.5% YoY

Median price / sqft$214/sqft

Median days to close22 days

Active listings49

Source: Redfin Data Center (Invalid Date) · Zip 55407

Zoning

RM1Residence Goods and Services

Residential Mixed-Use 1 — low-density mixed residential

Typical Uses

·Apartments
·Townhomes
·Neighborhood-scale retail on ground floor

Max Height45 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width37 ft

Buildable depth80 ft

Area~2,976 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Likely Infeasible

Back-of-envelope estimate based on small multifamily (2–4 units, wood frame) benchmarks for 2,976 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4233 CHICAGO AVE MINNEAPOLIS MN 55407	JOSEPH M SAYLES	RESIDENTIAL	$276,500	43 ft
4225 CHICAGO AVE MINNEAPOLIS MN 55407	CLEM & JANELL PASCHAL	RESIDENTIAL-TWO UNIT	$409,000	45 ft
4237 CHICAGO AVE MINNEAPOLIS MN 55407	JACLYN PICHA	RESIDENTIAL	$348,500	84 ft
4221 CHICAGO AVE MINNEAPOLIS MN 55407	C C DUCHARME/E E R DUCHARME	RESIDENTIAL	$332,800	84 ft
4217 CHICAGO AVE MINNEAPOLIS MN 55407	MARK RANDALL/RACHEL NUSBAUM	RESIDENTIAL	$350,400	121 ft
4241 CHICAGO AVE MINNEAPOLIS MN 55407	M AHNEN & K WESTERHOUSE	RESIDENTIAL	$350,400	124 ft
4228 ELLIOT AVE MINNEAPOLIS MN 55407	K A BONNER & L R BONNER	RESIDENTIAL	$322,800	135 ft
4232 ELLIOT AVE MINNEAPOLIS MN 55407	LORI M GRAFING	RESIDENTIAL	$246,500	140 ft
4224 ELLIOT AVE MINNEAPOLIS MN 55407	DANIELLE WRIGHT JON WRIGHT	RESIDENTIAL	$384,000	141 ft
4236 ELLIOT AVE MINNEAPOLIS MN 55407	ANN P WIDSETH	RESIDENTIAL	$300,300	156 ft

Property History

Most Recent Sale

Date201309

Price$207,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,403