3405 Chicago Ave, Minneapolis, MN 55407 Property Records

Hennepin County property record for 3405 Chicago Ave, Minneapolis, MN 55407

Property Summary

Property Type	Commercial
Details	7,333 sqft · built 1906
Lot Size	0.27 acres (11,761 sqft)
Owner	Company Name on Record
Last Sale	$670,000 (Feb 2021)
Tax Bill	$21,687 (2025)
Deeds & Mortgages	Feb 2021 Sale & Mortgage Feb 2021 Transfer + 4 more
Flood Zone	Zone X (minimal risk)
APN	`02-028-24-31-0208`

Property Details

APN / Parcel Number

Primary APN	`02-028-24-31-0208`
Alternative APN	`0202824310204`

Interior

Stories	2 Stories
Building Area	7,333 sqft Gross Area
1st Floor Area	2,651 sqft
Basement Area	2,341 sqft

Exterior

Year Built	Built 1906
Effective Year Built	Effective 1906
Exterior Material	Wood
Construction Type	Concrete
Roof Type	Flat
Roof Material	Tar & Gravel
Lot Area	11,761 sqft (0.27 acres)
Lot Dimensions	122 ft deep x 95 ft wide

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	Forced Air with A/C

Location & Zoning

Street Address	3405 CHICAGO AVE
City	MINNEAPOLIS
State	MN
Zip	55407-4409
Property Category	Commercial
Property Type	Commercial > Retail
Local Zoning Code	C1
Legal Description	LOT 010 A AUDITORS SUBD. NO. 049 THE SOUTH 95 FEET OF THE NORTH 141 FEET OF LOT 10, AUDITORS SUBDIVISION NO. 49, EXCEPT ALLEY; ALSO THE EAST 8.96 FEET OF THE NORTH 46 FEET OF T 95 X 122
Legal Range	24
Legal Township	028
Legal Section	02
Legal Quarter	31
Legal Subdivision	AUDITORS SUBD. NO. 049
Legal Block	3
Legal Lot Number	10
Jurisdiction	HENNEPIN MN
Township / Civil Division	MINNEAPOLIS
Census Block Group	3
Census Block	3007
Census Tract	8500

Owner

Source: Hennepin County records, as of June 23, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Mailing Address	3405 CHICAGO AVE, MINNEAPOLIS, MN 55407-4409
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
Feb 1, 2021	Land Contract, Transfer · Land Contract NOT AVAILABLE
Feb 1, 2021	Quit Claim Deed, Transfer EXECUTIVE TITLE
May 30, 2019	Deed of Trust, Mortgage · Line of Credit FIRST NAT'L BK/MOOSE LKS
Nov 27, 2017	Deed with Mortgage, Transfer · Conventional with PMI INVESTORS CAP
Sep 25, 2017	Grant Deed, Transfer · Conventional with PMI MISCELLANEOUS GOVT AGCY
Sep 25, 2017	Affidavit of Death, Transfer PARTNERS TITLE COMPANY, PARTNERS TITLE CO.

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Feb 1, 2021 · Amount on Record
Deed Sale	Feb 1, 2021 · Amount on Record
Prior Sale	Nov 28, 2017 · Amount on Record
Deed Document Number	202110908977
Prior Transfer Date	Dec 23, 2020
Prior Transfer Doc	0010908978
Record Updated	Oct 29, 2026

February 2021: Land Contract, Transfer

Document Type	Land Contract
Jurisdiction	HENNEPIN MN
Recording Date	Feb 1, 2021
Property Address	3405 CHICAGO AVE, MINNEAPOLIS, MN 55407-4409
Document Number	0A10908977
Instrument Date	Dec 23, 2020
Instrument	A10908977
Transaction Type	Transfer
Record Updated	May 12, 2026

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	7401 BUSH LAKE RD, EDINA, MN 55439-2802

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	7401 BUSH LAKE RD, EDINA, MN 55439-2802

Mortgage

Date	Feb 1, 2021

Lender

Name	NOT AVAILABLE

Agreement

Type	Land Contract
Amount	Amount Recorded
Term	59 Months
Due	Dec 31, 2025

Interest

Rate	8%

February 2021: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	HENNEPIN MN
Recording Date	Feb 1, 2021
Property Address	3405 CHICAGO AVE, MINNEAPOLIS, MN 55407-4409
Document Number	0A10908978
Instrument Date	Dec 23, 2020
Instrument	A10908978
Transaction Type	Transfer
Record Updated	May 12, 2026
Title Company	EXECUTIVE TITLE

Transaction

Tax	$0.00
Amount Accuracy	No Consideration Stated
Additional	Quitclaim Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	3405 CHICAGO AVE, MINNEAPOLIS, MN 55407-4409
Investor	Possibly a Property Investor

May 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	HENNEPIN MN
Property Address	3405 CHICAGO AVE, MINNEAPOLIS, MN 55407-4409
Document Number	0010666861
Instrument Date	May 30, 2019
Transaction Type	Mortgage
Record Updated	Jun 24, 2019
Title Company	NOT AVAILABLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	7401 BUSH LAKE RD EDINA MN 554392802, EDINA, MN 55439-2802

Mortgage

Document Number	0010666861
Date	Jun 10, 2019
Instrument	10666861

Lender

Name	FIRST NAT'L BK/MOOSE LKS
Type	Bank
Address	MOOSE LAKE, MN 55767

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	240 Months
Due	Jun 9, 2039

Interest

Rate Type	Adjustable Rate

November 2017: Deed with Mortgage, Transfer

Document Type	Deed with Mortgage
Jurisdiction	HENNEPIN MN
Recording Date	Nov 27, 2017
Property Address	3405 CHICAGO AVE, MINNEAPOLIS, MN 55407-4409
Instrument Date	Nov 1, 2017
Instrument	10505208
Transaction Type	Transfer
Record Updated	Jan 3, 2018

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$1,530.00
Amount Accuracy	Confirmed

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants with Right of Survivorship
Address	3405 CHICAGO AVE MINNEAPOLIS MN 554072107, MINNEAPOLIS, MN 55407-2107

Mortgage

Document Number	0010505208
Date	Nov 27, 2017
Instrument	10505208

Lender

Name	INVESTORS CAP
Type	Funding / Finance Company
Address	EDINA, MN 55439

Agreement

Type	Conventional with PMI
Amount	Amount Recorded
Term	60 Months
Due	Nov 26, 2022

Interest

Rate	7%

September 2017: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	HENNEPIN MN
Recording Date	Sep 25, 2017
Property Address	3405 CHICAGO AVE, MINNEAPOLIS, MN 55407-4409
Document Number	0010484051
Instrument Date	Sep 11, 2017
Instrument	10484051
Transaction Type	Transfer
Record Updated	Aug 27, 2018
Title Company	PARTNERS TITLE COMPANY, PARTNERS TITLE CO.

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$1,190.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	7401 BUSH LAKE RD EDINA MN 554392802, EDINA, MN 55439-2802
Investor	Possibly a Property Investor

Mortgage

Document Number	10484053
Date	Sep 25, 2017
Instrument	10484053

Lender

Name	MISCELLANEOUS GOVT AGCY
Address	ALTOONA, WI 54720

Agreement

Type	Conventional with PMI
Amount	Amount Recorded
Term	60 Months
Due	Sep 24, 2022

September 2017: Affidavit of Death, Transfer

Document Type	Affidavit of Death
Jurisdiction	HENNEPIN MN
Recording Date	Sep 25, 2017
Property Address	3405 CHICAGO AVE, MINNEAPOLIS, MN 55407-4409
Document Number	0010484050
Instrument Date	Sep 11, 2017
Instrument	10484050
Transaction Type	Transfer
Record Updated	Oct 19, 2017
Title Company	PARTNERS TITLE COMPANY, PARTNERS TITLE CO.

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	2642 14TH AVE S MINNEAPOLIS MN 554071125, MINNEAPOLIS, MN 55407-1125

Tax Assessment & Valuation

Source: Hennepin County assessment roll, as of June 23, 2026

Property Jurisdictions

Type	Name
State	Minnesota
County	Hennepin County
Municipality	Minneapolis City
Unified School District	Minneapolis Public School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$21,687.00 (+3.53%)	$660,000 (-) Land $168,000 Building $492,000	$660,000 (-) Land $168,000 Building $492,000
2024	$20,947.00 (+24%)	$660,000 (+40.43%) Land $168,000 Building $492,000	$660,000 (+40.43%) Land $168,000 Building $492,000
2023	$16,893.00
2022		$470,000 Land $168,000 Building $302,000	$470,000 Land $168,000 Building $302,000

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective December 25, 2025

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	Minneapolis serves 425,300 people · EPA ID MN1270024
Water Source	Surface water
Last State Inspection	Sep 2024
Lead	2 ppb (2022–2024) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. This system sells water to local utilities; the supplier billing this address may be one of them.

Internet Providers

Source: FCC Broadband Data Collection, based on 871 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
CenturyLink Fiber · DSL in parts of the area	8,000 / 8,000
Xfinity Cable	2,000 / 250
Verizon Fixed Wireless	1,000 / 75
PCs for People Fixed Wireless	100 / 100

May also be available: T-Mobile.

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