3923 Chicago Ave
Minneapolis, MN 55407

$750,000

Price

—

Beds

—

Baths

5,500 Sq. Ft.

$136 / Sq. Ft.

5,500

Sq. Ft.

$136

per Sq. Ft.

3923 Chicago Avenue Minneapolis, MN 55407 - Photo 1 of 20

Description

Outstanding, income generating 4- plex building in a desirable location-across from Phelps Park and on a
bus line. Featuring four spacious units - 1100 sq. feet each. Three of the units feature (2 bedrooms, 1
bath, 1 tucked under car garage and 1 storage room) per unit, 4th Unit features (2 bed/1 bath + heated 4
season’s porch-home office, 1 garage and 1 storage room). None conforming fifth unit in the basement
utilized as a maintenance and storage room. Old charm featuring-hard wood floors, crown molding,...Outstanding, income generating 4- plex building in a desirable location-across from Phelps Park and on a
bus line. Featuring four spacious units - 1100 sq. feet each. Three of the units feature (2 bedrooms, 1
bath, 1 tucked under car garage and 1 storage room) per unit, 4th Unit features (2 bed/1 bath + heated 4
season’s porch-home office, 1 garage and 1 storage room). None conforming fifth unit in the basement
utilized as a maintenance and storage room. Old charm featuring-hard wood floors, crown molding, built in
buffet, tiled bathrooms and kitchens, newer appliances, roof replaced in 2016, coin operated washers and
dryers in basement. This is an excellent investment opportunity!

Listed by Bridge Realty, LLC

Property Details for 3923 Chicago Avenue

Neighborhood

Bancroft

LISTING UPDATED: 07/15/2025 10:35 AM

Property Details for 3923 Chicago Avenue

Status	Active
MLS #	6750978
Days on Compass	158
Taxes	$10,288 / year
HOA Fees	-
Condo/Co-op Fees	-
Compass Type	Multi Family
MLS Type	Residential Income / Quadruplex
Year Built	1925
Lot Size	0.15 AC / 6,534 SF
County	Hennepin County

Location

Listing Courtesy of Bridge Realty, LLC

Add your commute

Building Information for 3923 Chicago Avenue

Stories-Residences4Year Built1925Building Size-Lot Size0.15 AC / 6,534 SF

Payment Calculator

$4,563 per month

30 year fixed, 6.28% Interest

Principal and Interest

$3,706

Property Taxes

$857

HOA Dues

The Payment Calculator is for illustrative purposes only.

Property Information for 3923 Chicago Avenue

Summary

Location and General Information

City Name: Minneapolis
County Or Parish: Hennepin

County: Hennepin-MN
Directions: Portland to 40th St, East to Chicago, North to Home
Latitude: 44.931612
Longitude: -93.262107
Map Coordinate: 120-D1
Map Coordinate Source: King's Street Atlas
City and Location: Minneapolis
City and Location Text: Minneapolis(MN)
Postal Code: 55407
State Or Province: MN
Public Survey Township: 28

Taxes and HOA Information

Additional Parcels: No
Parcel Number: 1102824210130

Tax Annual Amount: $10,288.00
Tax Legal Description: BLOCK 005 CHICAGO AVE PARK N 21 24/100 FT OF LOT 22 AND S 31 88/100 FT OF LOT 23 LOTS 22 AND 23
Tax Other Annual Assessment Amount: $.00
Tax Year: 2025
Tax With Assessments: 10287.9400

School Information

High School District: 1 - Minneapolis
School District Number: 1

School District Phone: 612-668-0000

Property

Lot Information

Above Grade Fin SQFT: 4991.0
Below Grade Fin SQFT: 509.0

SQFT Total: 5500.0
Lot Size Area: 0.15
Lot Size Dimensions: 122x53
Lot Size Units: Acres
Present Use: Yearly
Property Sub Type: Quadruplex
Property Type: Residential Income
SQFT Main Total: 2549.0000
Building Area Total: 5500.0
Above Grade SqFt Total: 4991.0000
Below Grade SqFt Total: 509.0000

Property and Assessments

Age Of Property: 100

Utilities

Sewer: City Sewer/Connected
Water Source: City Water/Connected

Interior and Exterior Features

Exterior Features

Accessibility Features: None
Association Amenities: Coin-op Laundry Owned, Patio

Foundation Area: 2442.0
Fuel: Natural Gas

Interior Features

Basement Type: Finished, Partially Finished, Shared Access, Storage Space
DP Resource: Y

Garage Square Feet: 800
Heating: Boiler, Hot Water, Radiant
Levels: Two
Basement YN: Yes

Multi Family

Unit 1

Unit Appl: Range
Unit Bath 3Qtr: 0

Unit Bath Full: 1
Unit Bath Half: 0
Unit Bath Qtr: 0
Unit Monthly Expenses: 0.00
Unit Rooms Total: 8
Unit SqFt: 1093
Unit Type Actual Rent: $1,450.00
Unit Type Baths Total: 1
Unit Type Beds Total: 2
Unit Type Units Total: 1
Unit Type Total Rent: 17400

Unit 2

Unit Appl: Range
Unit Bath 3Qtr: 0

Unit Bath Full: 1
Unit Bath Half: 0
Unit Bath Qtr: 0
Unit Monthly Expenses: 0.00
Unit Rooms Total: 8
Unit SqFt: 1093
Unit Type Actual Rent: $1,550.00
Unit Type Baths Total: 1
Unit Type Beds Total: 2
Unit Type Units Total: 1
Unit Type Total Rent: 18600

Unit 3

Unit Appl: Range
Unit Bath 3Qtr: 0

Unit Bath Full: 1
Unit Bath Half: 0
Unit Bath Qtr: 0
Unit Monthly Expenses: 0.00
Unit Rooms Total: 8
Unit SqFt: 1093
Unit Type Actual Rent: $1,560.00
Unit Type Baths Total: 1
Unit Type Beds Total: 2
Unit Type Units Total: 1
Unit Type Total Rent: 18720

Unit 4

Unit Appl: Range
Unit Bath 3Qtr: 0

Unit Bath Full: 1
Unit Bath Half: 0
Unit Bath Qtr: 0
Unit Monthly Expenses: 0.00
Unit Rooms Total: 8
Unit SqFt: 1093
Unit Type Actual Rent: $1,450.00
Unit Type Baths Total: 1
Unit Type Beds Total: 2
Unit Type Units Total: 1
Unit Type Total Rent: 17400

Property History for 3923 Chicago Avenue

Date	Event & Source	Price	Appreciation
Jul 8, 2025	Price Change NorthStar #6750978	$750,000	—
Jul 8, 2025	Listed (Active) NorthStar #6750978		—
Jul 2, 2025	Off Market NorthStar #6747401		—
Jun 30, 2025	Price Change NorthStar #6747401	$750,000	—
Jun 30, 2025	Listed (Active) NorthStar #6747401		—
Apr 2, 2021	Sold (Public Record) Public Record #1459504100	$670,000	+10.7% / yr
Apr 2, 2021	Sold NorthStar #5704656	$670,000	—
Feb 10, 2021	Pending NorthStar #5704656		—
Jan 25, 2021	Listed (Active) NorthStar #5704656	$695,000	—
Jul 13, 2020	Off Market NorthStar #5617739		—
Jul 2, 2020	Listed (Active) NorthStar #5617739	$695,000	—
Sep 23, 2013	Off Market Lake Superior Area REALTORS #1683859	$206,000	—
Dec 5, 2008	Sold Lake Superior Area REALTORS #1688206	$190,000	—
Nov 14, 2008	Sold (Public Record) Public Record #261359672	$190,000	-45.9% / yr
Nov 3, 2008	Pending Lake Superior Area REALTORS #1688206		—
Oct 15, 2008	Listed (Active) Lake Superior Area REALTORS #1688206	$185,000	—
Oct 28, 2007	Listed (Active) Lake Superior Area REALTORS #1683859	$349,900	—
Feb 22, 2007	Sold (Public Record) Public Record #216584397	$550,000	+43.3% / yr
Jan 10, 2006	Sold (Public Record) Public Record #173152678	$367,900	—
Jan 30, 1997	Sold NorthStar #1218827	$123,500	—
Sep 18, 1996	Listed (Active) NorthStar #1218827	$139,500	—

Date	Event & Source	Price
07/08/2025	Price Change NorthStar #6750978	$750,000
07/08/2025	Listed (Active) NorthStar #6750978	—
07/02/2025	Off Market NorthStar #6747401	—
06/30/2025	Price Change NorthStar #6747401	$750,000
06/30/2025	Listed (Active) NorthStar #6747401	—
04/02/2021	Sold (Public Record) Public Record #1459504100	$670,000 +10.7% / yr
04/02/2021	Sold NorthStar #5704656	$670,000
02/10/2021	Pending NorthStar #5704656	—
01/25/2021	Listed (Active) NorthStar #5704656	$695,000
07/13/2020	Off Market NorthStar #5617739	—
07/02/2020	Listed (Active) NorthStar #5617739	$695,000
09/23/2013	Off Market Lake Superior Area REALTORS #1683859	$206,000
12/05/2008	Sold Lake Superior Area REALTORS #1688206	$190,000
11/14/2008	Sold (Public Record) Public Record #261359672	$190,000 -45.9% / yr
11/03/2008	Pending Lake Superior Area REALTORS #1688206	—
10/15/2008	Listed (Active) Lake Superior Area REALTORS #1688206	$185,000
10/28/2007	Listed (Active) Lake Superior Area REALTORS #1683859	$349,900
02/22/2007	Sold (Public Record) Public Record #216584397	$550,000 +43.3% / yr
01/10/2006	Sold (Public Record) Public Record #173152678	$367,900
01/30/1997	Sold NorthStar #1218827	$123,500
09/18/1996	Listed (Active) NorthStar #1218827	$139,500

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3923 Chicago Avenue

Taxable ValueLand$91,000Additions$475,000Total$566,000

Tax Record2025$10,288 ($857 / month)

Home Facts

Total Finished SqFt4,372 SqFtAbove Grade Finished SqFt4,372 SqFtStories2Lot Size6,534 SqFtStyleMulti-Family Res (5+ Units)Year Built1925ZoningR4CountyHENNEPINAPN11-028-24-21-0130

Schools near 3923 Chicago Avenue

This home is within Minneapolis Public School Dist..


Rating	School	Type	Grades	Distance
6/10	Bancroft Elementary School	Public - Serves this home	PK to 5	0.3 mi
2/10	Andersen Middle	Public - Serves this home	6 to 8	1.5 mi
6/10	South Senior High School	Public - Serves this home	9 to 12	1.3 mi
NR	Mps Metro Sj	Public - Choice school	K to 12	0.7 mi
2/10	Heritage Academy ALC	Public - Nearby school	9 to 12	0.7 mi
2/10	Green Central Park Elementary School	Public - Choice school	PK to 5	0.7 mi
NR	Risen Christ Catholic School	Private - Nearby school	K to 8	0.4 mi
NR	Pilgrim Lutheran School	Private - Nearby school	PK to 8	0.7 mi
NR	King's Christian Academy	Private - Nearby school	PK to 8	0.8 mi


Rating	School	Distance
6/10	Bancroft Elementary School PublicPK to 5 Serves this home	0.3 mi
2/10	Andersen Middle Public6 to 8 Serves this home	1.5 mi
6/10	South Senior High School Public9 to 12 Serves this home	1.3 mi
NR	Mps Metro Sj PublicK to 12 Choice school	0.7 mi
2/10	Heritage Academy ALC Public9 to 12 Nearby school	0.7 mi
2/10	Green Central Park Elementary School PublicPK to 5 Choice school	0.7 mi
NR	Risen Christ Catholic School PrivateK to 8 Nearby school	0.4 mi
NR	Pilgrim Lutheran School PrivatePK to 8 Nearby school	0.7 mi
NR	King's Christian Academy PrivatePK to 8 Nearby school	0.8 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 3923 Chicago Avenue, Minneapolis, MN 55407

3923 Chicago Avenue is a multi-family home for sale in Minneapolis, MN 55407. This property was listed for sale on July 8, 2025 by Bridge Realty, LLC, it's currently listed at $750,000. It has been on the market for a total of 158 days and was last sold on April 2, 2021. This listing's school district is Minneapolis Public School Dist.. Nearby schools include Bancroft Elementary School, Andersen Middle and South Senior High School. 3923 Chicago Avenue is a 0-bed, 0-bath, 5,500 sqft multi-family home built in 1925.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Bridge Realty, LLC

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/14/2025 01:43 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.

3923 Chicago AveMinneapolis, MN 55407

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More information about 3923 Chicago Avenue, Minneapolis, MN 55407

3923 Chicago Ave
Minneapolis, MN 55407