5833 CHICAGO AVE MINNEAPOLIS MN 55417

PID: 2302824310017

Property Overview

Parcel ID2302824310017

Lot Size5,963 sq ft (0.137 ac)

Lot Dimensions (est.)120 ft wide × 50 ft deep

Year Built1942

Property ClassRESIDENTIAL

OwnerSUZANNE M/NICHOLAS A SKAPYAK

Assessed Value$319,300

Land Value$121,000

Building Value$198,300

Annual Tax$4,675

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

10 permits on record since 2019 · $83K total declared value · Most recent: Mar 2026 (misc)

MiscMar 2026Final Inspection

$8K

THINK STUCCO

MiscOct 2025Closed

$8K

TWIN CITIES SIDING PROFESSIONALS

ExistresApr 2025Closed

STAFFORD HOME SERVICE

ResJan 2022Closed

B and B Plumbing Inc

ExistresJan 2022Closed

Heating and Cooling Two Inc

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

Neighborhood Profile

Diamond Lake · Minneapolis

Median reported rent1,798/mo

Renter-occupied6.8%

Median home value$416K

Vacancy rate0.8%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 117.04

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 depth79 ft

Area~3,167 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 3,167 sqft buildable area.

Est. units

Yield on cost

4.2%

Spread

-1.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5837 CHICAGO AVE MINNEAPOLIS MN 55417	W M KALMOE & D C BJORKE	RESIDENTIAL	$405,500	50 ft
5829 CHICAGO AVE MINNEAPOLIS MN 55417	MARGARET R MILLETT FAM LV TR	RESIDENTIAL	$341,800	50 ft
5841 CHICAGO AVE MINNEAPOLIS MN 55417	T A STANDISH & M H FREIBERG	RESIDENTIAL	$293,400	100 ft
5825 CHICAGO AVE MINNEAPOLIS MN 55417	L A FRATZKE & J D FRATZKE	RESIDENTIAL	$420,700	100 ft
5832 ELLIOT AVE MINNEAPOLIS MN 55417	SHANNON THERESE CAREY	RESIDENTIAL	$387,300	133 ft
5836 ELLIOT AVE MINNEAPOLIS MN 55417	PATRICIA L PAUL	RESIDENTIAL	$288,700	141 ft
5828 ELLIOT AVE MINNEAPOLIS MN 55417	MICHAEL DAVID BERGERON	RESIDENTIAL	$366,900	143 ft
5845 CHICAGO AVE MINNEAPOLIS MN 55417	G C STAUNER ET AL IRREV TR	RESIDENTIAL	$344,000	150 ft
5821 CHICAGO AVE MINNEAPOLIS MN 55417	ERIC ABAR	RESIDENTIAL	$315,500	150 ft
5840 ELLIOT AVE MINNEAPOLIS MN 55417	JUSTIN CHRISTOPHER WHITE	RESIDENTIAL	$352,200	165 ft

Property History

Most Recent Sale

Date200708

Price$240,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,675