3024 Chicago Avenue, Minneapolis, Minnesota 55407

MN, Minneapolis
$579,000
  • 5 Beds
  • 3 Bath
  • Residential Income Property Type
  • 1908 Year Built
  • Active Status
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Kyle Synowczynski
Kyle Synowczynski
  • (612) 688-6065
  • Kyle@StoneArchRealty.com
Property Description

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.

Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 7052375
  • Price: $579,000
  • Year Built: 1908
  • Listing Status: Active
  • Office Name: MRG Realty Partners, LLC
  • Property Sub Type: Triplex
Features
  • Heating System Boiler
  • Basement Full
  • Parking Open,Driveway - Other Surface
  • Exterior Features Other
  • Laundry Features Common Area,In Basement
  • Sewer City Sewer/Connected
Address Map
  • Country US
  • State MN
  • County Hennepin
  • City Minneapolis
  • Zipcode 55407
  • Street: Chicago
  • Street Number: 3024
  • Street Suffix: Avenue
  • Longitude: W94° 44' 13.2''
  • Latitude: N44° 56' 51''
  • Directions: Chicago to Lake or Lake to Chicago
Neighborhood
  • High School District: Minneapolis
MLS Addon
  • Office Name: MRG Realty Partners, LLC
Additional Information
  • Water Source: City Water/Connected
  • Accessibility Features: None
  • Association Amenities: Coin-op Laundry Owned
  • Building Size: 3745
  • Electric: 100 Amp Service
  • Foundation Details: Block,Stone
  • Levels: Two
  • Lot Size Dimensions: 123x41
  • Number Of Units Total: 4
Financial
  • Tax Annual Amount: 7710.24
Listing Information
  • Co List Agent Mls Id: 502053059
  • Co List Office Mls Id: 26013
  • Co List Office Name: MRG Realty Partners, LLC
  • List Agent Mls Id: 506015287
  • List Office Mls Id: 26013
  • Modification Timestamp: 2026-09-25T16:06:06Z
  • Originating System Name: NorthStar
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