5445 CHICAGO AVE MINNEAPOLIS MN 55417

PID: 2302824210052

Property Overview

Parcel ID2302824210052

Lot Size6,091 sq ft (0.140 ac)

Lot Dimensions (est.)122 ft wide × 50 ft deep

Year Built1939

Property ClassRESIDENTIAL-TWO UNIT

OwnerJOSEHHINE WANNER

Assessed Value$456,600

Land Value$161,000

Building Value$295,600

Annual Tax$6,965

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2022 · $19K total declared value · Most recent: Oct 2024 (existres)

ExistresOct 2024Inspection

K & S Heating Air Conditioning & Plumbing Inc

MiscJun 2024Closed

$400

Todd Ginsberg

RemodelJun 2024Closed

$5K

Todd Ginsberg

MiscOct 2022Closed

$14K

M AND R CONSTRUCTION LLC

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

Neighborhood Profile

Hale · Minneapolis

Median reported rent1,991/mo

Renter-occupied11.2%

Median home value$420K

Vacancy rate5.4%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 117.03

Market Snapshot

Zip code 55417

Median sale price$371K-4.4% YoY

Median price / sqft$244/sqft

Median days to close34 days

Active listings28

Source: Redfin Data Center (Invalid Date) · Zip 55417

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 width40 ft

Buildable depth82 ft

Area~3,271 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 3-story wood frame (5–12 units) benchmarks for 3,271 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5449 CHICAGO AVE MINNEAPOLIS MN 55417	STEVEN M WATERSTON	RESIDENTIAL-TWO UNIT	$462,900	50 ft
5441 CHICAGO AVE MINNEAPOLIS MN 55417	TTPR HOLDINGS LLC	RESIDENTIAL-TWO UNIT	$437,200	50 ft
5437 CHICAGO AVE MINNEAPOLIS MN 55417	TTPR HOLDINGS LLC	RESIDENTIAL-TWO UNIT	$419,100	100 ft
5444 ELLIOT AVE MINNEAPOLIS MN 55417	J STEBBINS & M STEBBINS	RESIDENTIAL	$548,000	135 ft
5448 ELLIOT AVE MINNEAPOLIS MN 55417	D A OLSON & K V OLSON	RESIDENTIAL	$622,000	144 ft
5440 ELLIOT AVE MINNEAPOLIS MN 55417	M & S GABLE	RESIDENTIAL	$512,600	145 ft
5433 CHICAGO AVE MINNEAPOLIS MN 55417	PAUL WOYCHICK	RESIDENTIAL-TWO UNIT	$433,000	150 ft
5436 ELLIOT AVE MINNEAPOLIS MN 55417	D R HARTZELL & J E DAVIS	RESIDENTIAL	$441,300	170 ft
5429 CHICAGO AVE MINNEAPOLIS MN 55417	B S SHEEHAN & J N DRAGONETTI	RESIDENTIAL-TWO UNIT	$484,100	200 ft
5440 CHICAGO AVE MINNEAPOLIS MN 55417	PENAHAHA PROPERTIES LLC	RESIDENTIAL-TWO UNIT	$454,000	202 ft

Property History

Most Recent Sale

Date202407

Price$510,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,965