ParcelLens
Property Intelligence · Twin Cities
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Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗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 ↗Designated a Priority parcel in Minneapolis's Great Streets program — eligible for facade improvement grants and commercial gap financing.
Minneapolis Great Streets ↗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 ↗Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.
Minneapolis — Facade Improvement Matching Grant ↗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 ↗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 2022 · $43K total declared value · Most recent: Sep 2022 (misc)
MINNESOTA EXTERIORS INC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Midtown Phillips · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1258
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 |
|---|---|---|---|---|
| 2423 CHICAGO AVE MINNEAPOLIS MN 55404 | AMERICAN INDIAN ELD HSG LLC | COMMERCIAL-PREFERRED | $0 | 47 ft |
| 2427 CHICAGO AVE MINNEAPOLIS MN 55404 | DOUGLAS SWEET | RESIDENTIAL-TWO UNIT | $292,000 | 94 ft |
| 2418 ELLIOT AVE MINNEAPOLIS MN 55404 | TRILLIUM GRAND OWNER LLC | VACANT LAND-RESIDENTIAL | $25,000 | 137 ft |
| 2431 CHICAGO AVE MINNEAPOLIS MN 55404 | JACOB SIMONSON | RESIDENTIAL | $386,000 | 142 ft |
| 2422 ELLIOT AVE MINNEAPOLIS MN 55404 | GHOLAMREZA ASHRAFZADEHKIAN | RESIDENTIAL-TWO UNIT | $277,000 | 145 ft |
| 2401 CHICAGO AVE MINNEAPOLIS MN 55404 | TRILLIUM GRAND OWNER LLC | APARTMENT | $14,575,000 | 165 ft |
| 2426 ELLIOT AVE MINNEAPOLIS MN 55404 | NIMO MOHAMED/SAMATER MOHAMED | RESIDENTIAL | $374,000 | 166 ft |
| 2435 CHICAGO AVE MINNEAPOLIS MN 55404 | L MOLINA & F MORA | TRIPLEX | $429,300 | 188 ft |
| 2430 ELLIOT AVE MINNEAPOLIS MN 55404 | M A G BARRETO/I M P GUARMAN | TRIPLEX | $557,200 | 197 ft |
| 2420 CHICAGO AVE MINNEAPOLIS MN 55404 | TERRY P & ELLA A HOLLINS | RESIDENTIAL-TWO UNIT | $338,600 | 205 ft |
Current Tax Year