5538 Chicago AVE Minneapolis, MN 55417

UPDATED:
Key Details
Property Type Single Family Home
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,335 sqft
Price per Sqft $115
Subdivision Park Ave Terrace
MLS Listing ID 7089641
Bedrooms 4
Year Built 1948
Annual Tax Amount $8,683
Tax Year 2025
Contingent None
Lot Size 6,098 Sqft
Lot Dimensions 50x124
Property Sub-Type Other
Property Description
The residential side welcomes you with a spacious living room with wood-burning fireplace. The large kitchen features abundant countertop space, ample cabinetry, stainless steel appliances, and storage. A convenient half bath completes the main level, while the impressive addition provides generous dining and family room spaces. Upstairs, you'll find four spacious bedrooms and a full bathroom. The finished lower level offers laundry and extensive storage. Outside, enjoy a fenced backyard and a detached two-car garage.
The commercial side is currently occupied by long-term chiropractic and massage therapy tenant, providing established rental income. The main level includes a reception area and waiting room, four private treatment rooms and storage. The lower level expands the space with three additional massage rooms, an office, 3/4 bath and ample storage.
Ideally located just steps from Todd Park and close to popular restaurants, shopping, and grocery stores, this versatile property offers endless possibilities for investors or owner-occupants in one of Minneapolis's most convenient neighborhoods.
Location
State MN
County Hennepin
Zoning Business/Commercial,Residential-Single Family
Rooms
Basement Block, Finished, Full
Interior
Heating Baseboard, Ductless Mini-Split, Fireplace(s)
Fireplace No
Laundry In Basement, In Unit
Exterior
Parking Features Detached Garage
Garage Spaces 2.0
Fence Full, Wood
Pool None
Roof Type Age 8 Years or Less,Asphalt,Rubber
Building
Lot Description Public Transit (w/in 6 blks), Tree Coverage - Light
Story Two
Foundation 1854
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
New Construction false
Schools
School District Minneapolis
Others
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