Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗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 ↗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 ↗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.
1 permit on record since 2024 · $18K total declared value · Most recent: Feb 2024 (misc)
CCM
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Ventura Village · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 59.02
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.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2305 CHICAGO AVE MINNEAPOLIS MN 55404 | NORMANDALE HOUSING CORP | TRIPLEX | $0 | 43 ft |
| 2219 CHICAGO AVE MINNEAPOLIS MN 55404 | OUR SAVIOUR'S COMMUNITY SRVS | APARTMENT | $0 | 70 ft |
| 2309 CHICAGO AVE MINNEAPOLIS MN 55404 | OUR SAVIORS LUTHERAN CHURCH | RESIDENTIAL-TWO UNIT | $355,000 | 86 ft |
| 2215 CHICAGO AVE MINNEAPOLIS MN 55404 | CITY OF MINNEAPOLIS | VACANT LAND-RESIDENTIAL | $0 | 143 ft |
| 2224 ELLIOT AVE MINNEAPOLIS MN 55404 | ANTONIO HERRERA | RESIDENTIAL | $262,000 | 157 ft |
| 2300 ELLIOT AVE MINNEAPOLIS MN 55404 | 2300 ELLIOT AVENUE LLC | LOW INCOME RENTAL | $486,000 | 162 ft |
| 2220 ELLIOT AVE MINNEAPOLIS MN 55404 | C J PHILIPPI & K M PHILIPPI | APARTMENT | $549,000 | 163 ft |
| 2304 ELLIOT AVE MINNEAPOLIS MN 55404 | LEM KING-MILLER ET AL | RESIDENTIAL-TWO UNIT | $388,200 | 178 ft |
| 2216 ELLIOT AVE MINNEAPOLIS MN 55404 | NELSON MOLINA | RESIDENTIAL-TWO UNIT | $410,000 | 180 ft |
| 2209 CHICAGO AVE MINNEAPOLIS MN 55404 | ANA JARA-ARIAS & DAVID ARIAS | RESIDENTIAL | $232,300 | 189 ft |
Most Recent Sale
Current Tax Year