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
Residential Mixed-Use 3 — higher-density mixed residential
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
Setbacks
Estimated Buildable Footprint
Corner-lot envelopes may require contextual setback review and should be treated as planning estimates.
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 |
|---|---|---|---|---|
| 2804 CHICAGO AVE MINNEAPOLIS MN 55407 | HSRE MN MIDTOWN 2800 LLC | COMMERCIAL-PREFERRED | $1,147,500 | 0 ft |
| 2800 CHICAGO AVE MINNEAPOLIS MN 55407 | HSRE MN MIDTOWN 2800 LLC | COMMERCIAL-PREFERRED | $8,900,000 | 0 ft |
| 2828 CHICAGO AVE MINNEAPOLIS MN 55407 | HRSE-MN MIDTOWN 2828 LLC | COMMON AREA | $0 | 0 ft |
| 2804 CHICAGO AVE MINNEAPOLIS MN 55407 | HSRE MN MIDTOWN 2800 LLC | COMMERCIAL-PREFERRED | $702,000 | 131 ft |
| 2804 CHICAGO AVE MINNEAPOLIS MN 55407 | HSRE MN MIDTOWN 2800 LLC | COMMERCIAL-PREFERRED | $985,500 | 195 ft |
| 2828 CHICAGO AVE MINNEAPOLIS MN 55407 | HRSE-MN MIDTOWN 2828 LLC | COMMERCIAL-PREFERRED | $10,600,000 | 195 ft |
| MN | Unknown | — | — | 195 ft |
| 2840 CHICAGO AVE MINNEAPOLIS MN 55407 | KW & DUCE REAL ESTATE LLC | COMMERCIAL-PREFERRED | $520,000 | 267 ft |
| 2752 CHICAGO AVE MINNEAPOLIS MN 55407 | M A BILLMAN/LISA J M-BILLMAN | RESIDENTIAL-TWO UNIT | $428,100 | 274 ft |
| 2816 COLUMBUS AVE MINNEAPOLIS MN 55407 | OAKLEY APARTMENTS LLC | APARTMENT | $219,000 | 279 ft |