3845 Chicago Avenue Minneapolis, MN 55407
For Sale MLS# 6768264
5,369 sq ft Commercial
Details for 3845 Chicago Avenue
MLS# 6768264
Description for 3845 Chicago Avenue, Minneapolis, MN, 55407
This 6-unit apartment building is classic brownstone building built in 1931. It has five 2-bedroom units and one studio unit. Fully occupied remodeled units. Updated vinyl windows, roof replaced in 2010, six newer furnaces & electric meters and newer coin laundry in the basement. Tier 1 rental license and professionally managed by a reputable local management company. Located in south Minneapolis, the property is near several parks and lakes including Lakes Nokomis, Hiawatha and Powderhorn. No lack of supply of restaurants and retail in the neighborhood.
Listing Information
Property Type: Commercial, Apartments/Multi Family
Status: Active
Lot Size: 0.13 Acres
Square Feet: 5,369 sq ft
Year Built: 1931
Foundation: 1,790 sq ft
Stories: 2 Stories
Subdivision: Chicago Ave Park
Number Of Units Total: 6
Current Use: Residential
County: Hennepin
Days On Market: 145
Construction Status: Previously Owned
School Information
District: 1 - Minneapolis
Interior Features
Appliances: Range, Refrigerator
Utilities
Water: City Water - In Street
Sewer: City Sewer - In Street
Other Utilities: Electric Common,Heating Common,Hot Water Common
Cooling: Window
Heating: Forced Air, Natural Gas
Exterior / Lot Features
Open Parking: 5
Parking Description: Paved Lot, Garage Dimensions - 0, Garage Door Height - 0, Garage Door Width - 0, Garage Sq Ft - 0.00
Exterior: Brick/Stone
Lot Dimensions: 46.00 X 122.00
Zoning: Residential-Multi-Family,Residential-Single Family
Additional Exterior/Lot Features: Land Inclusions - Building
Driving Directions
I-35W N - Follow I-35W N to 2nd Ave S in Minneapolis. Take exit 14 from I-35W N - Follow E 36th St, Portland Ave S and E 39th St to Chicago Ave
Financial Considerations
Tenant Pays: Electric
Owner Pays: Electric,Gas,Heat,Hot Water,Lawn,Maintenance/Repair,Management,Pest Control,Repairs,Sewer,Snow,Trash,Water
Gross Income: 89346
Expense: 40567
Tax/Property ID: 1102824210101
Tax Amount: 11288
Tax Year: 2025
HomeStead Description: Non-Homesteaded
A broker reciprocity listing courtesy: Metro Group Real Estate
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 3845 Chicago Avenue
Sales History
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Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
Schools
Schools nearby 3845 Chicago Avenue
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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