ParcelLens
Property Intelligence · Twin Cities
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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 ↗In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.
Minneapolis — Affordable Housing Trust Fund ↗Within a HUD-designated Qualified Census Tract — LIHTC projects here receive a 30% basis boost, significantly increasing the tax credit allocation for affordable housing development.
HUD — LIHTC Qualified Census Tracts ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.
Minneapolis Great Streets — Gap Financing ↗Affordable housing developments in QCTs receive a 30% increase in eligible basis for Low Income Housing Tax Credits — materially improving project feasibility. Allocated through MHFA.
HUD — LIHTC Qualified Census Tracts ↗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 ↗Signals are based on public datasets; program eligibility requires verification.
No permits found in Minneapolis open data for this parcel.
Elliot Park · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 59.01
Zip code 55404
Source: Redfin Data Center (Invalid Date) · Zip 55404
Residential Mixed-Use 3 — higher-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 sfr / adu benchmarks for 1,097 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 727 15TH ST E MINNEAPOLIS MN 55404 | CHICAGO APARTMENTS LLC | VACANT LAND-APARTMENT | $166,000 | 52 ft |
| MN | Unknown | — | — | 94 ft |
| 1504 CHICAGO AVE MINNEAPOLIS MN 55404 | CHICAGO APARTMENTS LLC | LOW INCOME RENTAL | $1,871,100 | 94 ft |
| MN | Unknown | — | — | 102 ft |
| 1500 CHICAGO AVE MINNEAPOLIS MN 55404 | CHICAGO APARTMENTS LLC | LOW INCOME RENTAL | $1,871,100 | 102 ft |
| MN | Unknown | — | — | 114 ft |
| 1508 CHICAGO AVE MINNEAPOLIS MN 55404 | CHICAGO APARTMENTS LLCS | LOW INCOME RENTAL | $1,158,300 | 114 ft |
| 734 15TH ST E MINNEAPOLIS MN 55404 | NORTH CENTRAL UNIVERSITY | LAND-COMMERCIAL | $208,300 | 180 ft |
| 730 15TH ST E MINNEAPOLIS MN 55404 | NORTH CENTRAL UNIVERSITY | LAND-COMMERCIAL | $0 | 184 ft |
| 732 15TH ST E MINNEAPOLIS MN 55404 | NORTH CENTRAL UNIVERSITY | LAND-COMMERCIAL | $0 | 184 ft |
Current Tax Year