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.
3 permits on record since 2019 · $5K total declared value · Most recent: Jun 2024 (existres)
Air Rite Mechanical Systems Inc
Warners Stellian Co Inc
Elizabeth Cheatham
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Diamond Lake · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 120.03
Zip code 55417
Source: Redfin Data Center (Invalid Date) · Zip 55417
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 3,355 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 5524 CHICAGO AVE MINNEAPOLIS MN 55417 | JEAN M FOX & KRIS A PEARSON | RESIDENTIAL-TWO UNIT | $557,800 | 50 ft |
| 5530 CHICAGO AVE MINNEAPOLIS MN 55417 | SPENCER BREW | RESIDENTIAL-TWO UNIT | $420,700 | 50 ft |
| 5520 CHICAGO AVE MINNEAPOLIS MN 55417 | KYLE D HALL | RESIDENTIAL-TWO UNIT | $450,200 | 100 ft |
| 5536 CHICAGO AVE MINNEAPOLIS MN 55417 | NB ENTERPRISES LLC | RESIDENTIAL | $438,000 | 100 ft |
| 5529 COLUMBUS AVE MINNEAPOLIS MN 55417 | TODD F ERNST & DEBRA A ERNST | RESIDENTIAL | $481,000 | 137 ft |
| 5525 COLUMBUS AVE MINNEAPOLIS MN 55417 | L M STOWE & K N COBB | RESIDENTIAL | $456,600 | 145 ft |
| 5533 COLUMBUS AVE MINNEAPOLIS MN 55417 | J P JONES & C L BALEGA | RESIDENTIAL | $504,000 | 147 ft |
| 5516 CHICAGO AVE MINNEAPOLIS MN 55417 | K A EDMUNDS ET AL | RESIDENTIAL-TWO UNIT | $491,700 | 150 ft |
| 5521 COLUMBUS AVE MINNEAPOLIS MN 55417 | T D & K M H OLSON | RESIDENTIAL | $457,200 | 169 ft |
| 5537 COLUMBUS AVE MINNEAPOLIS MN 55417 | M & C MILLIGAN | RESIDENTIAL | $456,600 | 171 ft |
Current Tax Year