4308 Chicago Avenue, Minneapolis, MN 55407 (MLS# 7119638)

4308 Chicago Avenue, Minneapolis, MN 55407

$550,000
Property Type: Commercial Bedrooms: 1 Baths: 2 Lot Size (sq. ft.): 4,792 Status: Active
Current Price: $550,000 List Date: 8/06/2026 Last Modified: 8/06/2026

Overview

Description

Completely renovated, turn-key commercial property offering exceptional office potential with extensive improvements inside and out. The main level offers an excellent combination of large open work areas, four individual offices, a reception area, and a common area, as well as other business needs, including a kitchenette and a 1/2 restroom. The finished lower level provides substantial additional usable space, with separate entrances at both the front and rear of the building. It includes a bedroom with egress window, an additional office space, a kitchenette, and a bathroom, providing excellent separation and flexibility for a variety of business or office configurations. Updated flooring, recessed lighting, new bathrooms but major improvements extend well beyond cosmetic finishes, including new roof, new HVAC equipment, new plumbing, and a new electrical system. Outside, the property features a fully fenced backyard with alley access, offering additional privacy, convenience ...

Listing Details MLS# 7119638

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
No
Waterfront YN
No
Year Built
1911
Yearly/Seasonal
Yearly
Zoning
Business/Commercial, Residential-Single Family
Foundation Size
1500
Power Company
Xcel Energy
For Sale or Lease
For Sale
Acres
0.11
Lot Dimensions
40 x 124
Assessment Pending
No

Property Features

Accessible: Wheelchair Ramp Air Conditioning: Central Air Assumable Loan: Not Assumable Basement: Egress Windows; Single Tenant Access CMU Style: Freestanding; Mixed Use; Office Construction Materials: Block; Stone Construction Status: Previously Owned Current Use: Office Existing Financing: Other Exterior: Brick/Stone Fencing: Full Flooring: Carpet Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Loan Terms: Adj. Rate/Gr Payment; Cash; Conventional; Special Funding; Other Location Description: Free Standing Lock Box Type: Supra Lot Description: Cleared Miscellaneous Information: 2+ Lavatories; Alley On Site Utilities: Electric Separate; Heating Separate; Hot Water Separate Parking Characteristics: Uncovered/Open Potential Use: Office; Professional Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Flat Sewer: City Sewer/Connected Stories: One Wall Description: Drywall; Finished; Insulated Water: City Water/Connected

Contract Information

Contingency
None
ListPrice
550000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
4308
Street Name
Chicago
Street Suffix
Avenue
Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55407
Complex/Dev/Subdivision
Higgins 1st Add

Assessments

Tax With Assessments
8213

Basement

Foundation Dimensions
50x30

More Information

Building Information

Building Finished SqFt
2013

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
24
Section#
11
Township#
28

Sale Options

Sale Includes
Building

Unit 1

Unit Number
Yes
Full Baths
Yes
Total Bathrooms
Yes
Total Bedrooms
Yes
Total Rooms
5
Level
Below Ground
Leased?
No
No. of 1 Bedroom Units
Yes

Unit 2

Half Baths
Yes
Leased?
No
Level
Main Level
Total Bathrooms
Yes
Total Rooms
4
Unit Number
2

Unit Details

Total Units
2
IDX
Listing Office: National Realty Guild
Last Updated: August - 06 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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