4336 CHICAGO AVE MINNEAPOLIS MN 55407

PID: 1102824320160

Property Overview

Parcel ID1102824320160

Lot Size4,917 sq ft (0.113 ac)

Lot Dimensions (est.)123 ft wide × 40 ft deep

Year Built1907

Property ClassRESIDENTIAL

OwnerJAMES P JANSEN ETAL

Assessed Value$242,200

Land Value$104,000

Building Value$138,200

Annual Tax$3,388

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Goods and Services CorridorHigh

On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.

Minneapolis Great Streets ↗

High-Frequency Transit (5-min walk)High

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 ↗

Potential programs

Great Streets Façade Improvement ProgramMedium

Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.

Minneapolis — Facade Improvement Matching Grant ↗

Met Council Livable Communities GrantMedium

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 ↗

Environmental Response FundMedium

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.

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Minneapolis

Median reported rent1,858/mo

Renter-occupied11.4%

Median home value$326K

Vacancy rate2.9%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1109

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 width30 ft

Buildable depth83 ft

Area~2,487 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 2,487 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
4332 CHICAGO AVE MINNEAPOLIS MN 55407	JARAD MILES	RESIDENTIAL	$240,200	40 ft
4340 CHICAGO AVE MINNEAPOLIS MN 55407	LIDIA M LEMA	RESIDENTIAL	$195,300	40 ft
4328 CHICAGO AVE MINNEAPOLIS MN 55407	CB COMMONS LLC	RESIDENTIAL	$269,900	80 ft
4344 CHICAGO AVE MINNEAPOLIS MN 55407	FRINO ALCENAT	RESIDENTIAL-TWO UNIT	$455,000	80 ft
4324 CHICAGO AVE MINNEAPOLIS MN 55407	ALBERT D NOLAN	RESIDENTIAL	$130,800	120 ft
4348 CHICAGO AVE MINNEAPOLIS MN 55407	G F ALCENAT & L ALCENAT	RESIDENTIAL-TWO UNIT	$411,200	120 ft
4339 COLUMBUS AVE MINNEAPOLIS MN 55407	SALLY E PETERS	RESIDENTIAL	$201,000	135 ft
4333 COLUMBUS AVE MINNEAPOLIS MN 55407	TSERING PEMA KHEKHANG ET AL	RESIDENTIAL	$291,400	140 ft
4343 COLUMBUS AVE MINNEAPOLIS MN 55407	T BACH-JOHNSON & M J RUMORE	RESIDENTIAL	$296,100	141 ft
4329 COLUMBUS AVE MINNEAPOLIS MN 55407	S M COSAD & S B BEEMAN	RESIDENTIAL	$301,200	156 ft

Property History

Current Tax Year

Year2026

Tax Due$3,388