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 ↗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.
3 permits on record since 2021 · $54.0M total declared value · Most recent: May 2021 (new)
M . A . MORTENSON
M . A . MORTENSON
M . A . MORTENSON
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 55407
Source: Redfin Data Center (Invalid Date) · Zip 55407
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
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 135,915 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2855 CHICAGO AVE MINNEAPOLIS MN 55407 | ALLINA HEALTH SYSTEM | LAND-COMMERCIAL | $0 | 251 ft |
| 2800 10TH AVE S MINNEAPOLIS MN 55407 | ALLINA HEALTH SYSTEM | INDUSTRIAL-PREFERRED | $376,300 | 291 ft |
| 2851 CHICAGO AVE MINNEAPOLIS MN 55407 | HENNEPIN CO REGIONAL RR AUTH | LAND-COMMERCIAL | $0 | 309 ft |
| 2840 CHICAGO AVE MINNEAPOLIS MN 55407 | KW & DUCE REAL ESTATE LLC | COMMERCIAL-PREFERRED | $520,000 | 351 ft |
| 2804 CHICAGO AVE MINNEAPOLIS MN 55407 | HSRE MN MIDTOWN 2800 LLC | COMMERCIAL-PREFERRED | $1,147,500 | 359 ft |
| 2800 CHICAGO AVE MINNEAPOLIS MN 55407 | HSRE MN MIDTOWN 2800 LLC | COMMERCIAL-PREFERRED | $8,900,000 | 359 ft |
| 2828 CHICAGO AVE MINNEAPOLIS MN 55407 | HRSE-MN MIDTOWN 2828 LLC | COMMON AREA | $0 | 359 ft |
| MN | Unknown | — | — | 359 ft |
| 2804 CHICAGO AVE MINNEAPOLIS MN 55407 | HSRE MN MIDTOWN 2800 LLC | COMMERCIAL-PREFERRED | $985,500 | 391 ft |
| 2828 CHICAGO AVE MINNEAPOLIS MN 55407 | HRSE-MN MIDTOWN 2828 LLC | COMMERCIAL-PREFERRED | $10,600,000 | 391 ft |
Current Tax Year