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.
No permits found in Minneapolis open data for this parcel.
Phillips West · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1260
Zip code 55407
Source: Redfin Data Center (Invalid Date) · Zip 55407
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 mid-rise concrete (50+ units) benchmarks for 28,714 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2804 CHICAGO AVE MINNEAPOLIS MN 55407 | HSRE MN MIDTOWN 2800 LLC | COMMERCIAL-PREFERRED | $985,500 | 0 ft |
| MN | Unknown | — | — | 0 ft |
| 2840 CHICAGO AVE MINNEAPOLIS MN 55407 | KW & DUCE REAL ESTATE LLC | COMMERCIAL-PREFERRED | $520,000 | 101 ft |
| 2845 COLUMBUS AVE MINNEAPOLIS MN 55407 | KW AND DUCE REAL ESTATE LLC | LAND-COMMERCIAL | $101,100 | 108 ft |
| 2843 COLUMBUS AVE MINNEAPOLIS MN 55407 | HENNEPIN CO REGIONAL RR AUTH | LAND-COMMERCIAL | $0 | 187 ft |
| 2804 CHICAGO AVE MINNEAPOLIS MN 55407 | HSRE MN MIDTOWN 2800 LLC | COMMERCIAL-PREFERRED | $1,147,500 | 195 ft |
| 2800 CHICAGO AVE MINNEAPOLIS MN 55407 | HSRE MN MIDTOWN 2800 LLC | COMMERCIAL-PREFERRED | $8,900,000 | 195 ft |
| 2828 CHICAGO AVE MINNEAPOLIS MN 55407 | HRSE-MN MIDTOWN 2828 LLC | COMMON AREA | $0 | 195 ft |
| MN | Unknown | — | — | 195 ft |
| 2844 COLUMBUS AVE MINNEAPOLIS MN 55407 | MIDWEST OIL L C | APARTMENT | $598,000 | 241 ft |
Most Recent Sale
Current Tax Year