3024 Chicago Ave

Minneapolis, MN 55407
  • $579,000

    Price
  • 5

    Bed
  • 3

    Bath
  • 2,775

    SqFt
  • 0.12

    Acre

About the Listing 26013 - 506015287,502053059

Rare opportunity to own a highly unique piece of Minneapolis history — this 1908 triplex at 3024 Chicago Avenue has been held by the same family since it was built, now offered to the public for the very first time. 3024 offers two spacious 2BR/1BA units and a studio attic, featuring hardwood floors, natural woodwork, built-ins, and three porches. Included with the sale is the fully renovated carriage house ADU at 3026 Chicago Avenue (same parcel) — a private turnkey 1BR/1BA home with a beautiful modern kitchen, in-unit washer/dryer, and furniture which is included in the sale as well. 3026 was previously rented at $2,100/month. An ideal setup for an owner-occupant seeking added privacy or an investor looking to maximize returns across multiple income streams. Recent combined current rents of $5,600/month with market upside. Great location just blocks from Abbott Northwestern and Children's Hospitals, with easy access to I-35W, Midtown Global Market, and the Lake Street corridor. Fast connections to Downtown Minneapolis and Mall of America via the D Line Rapid METRO. Owner currently pays all utilities. Four off-street parking spaces. Coin-op laundry. Strong in-place cash flow with clear rent upside — a true value-add opportunity in a high-demand rental submarket. All measurements deemed reliable but not guaranteed; buyer to verify.

Listing Highlights

Status Active
Days on Site 153
Property Type Multi-Family
MLS ® 7052375
Year Built 1908
Total Square Footage 2,775
Lot/Acreage 0.12
County Hennepin
School District Minneapolis

Interior Details

  • Bedrooms: 5
  • Bathrooms: 3 Full
  • Appliances:
  • Air Cond:
  • Heating: Boiler,Natural Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 2775
  • Basement: Full
  • Other:
  • Water: City Water/Connected

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 123x41
  • Zoning: Residential-Multi-Family
  • Roof:
  • Others:
  • Sewer: City Sewer/Connected
  • Parking Features: Driveway - Other Surface,Open

Financial Details

  • Tax Amount: $7,710
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 0202824220154
  • Tax Year: 2026

Payment Calculator

Monthly Payment

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Questions About..

3024 Chicago Ave Minneapolis, MN 55407

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Originating MLS: northstar

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Brad Bemowski

Realtor and Licensed Real Estate Broker | Brad Bemowski | Homcentric Real Estate, powered by Property Executives Realty

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