5538 Chicago Avenue, Minneapolis, MN 55417

Minneapolis
Local realty services provided by:ERA Prospera Real Estate
5538 Chicago Avenue,Minneapolis, MN 55417
$499,900
  • 4 Beds
  • 4 Baths
  • 4,335 sq. ft.
  • Multi-family
  • Pending
Listed by: welcome home co., tony muscala
Office: welcome home productions, llc.
MLS#:7089641
Source:NSMLS

Price summary

  • Price:$499,900
  • Price per sq. ft.:$107.97

About this home

Highest and Best offers due Sunday 6/14, 6:00 pm! Unique mixed-use property located in Diamond Lake! This beautiful stone and stucco building offers the perfect combination of residential living and income-producing commercial space, each with its own private entrance. 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...

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Home facts

  • Year built:1948
  • Subdivision & Development:Park Ave Terrace
  • Listing ID #:7089641
  • Added:52 day(s) ago
  • Updated:August 01, 2026 at 03:41 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Basement:Yes
  • Basement Description:Block, Finished, Full
  • Living area:4,335 sq. ft.

Heating and cooling

  • Heating:Baseboard, Ductless Mini-Split, Fireplace(s)

Structure and exterior

  • Roof:Age 8 Years or Less, Asphalt, Rubber
  • Year built:1948
  • Building area:4,335 sq. ft.
  • Lot area:0.14 Acres
  • Lot Features:Public Transit (w/in 6 blks), Tree Coverage - Light
  • Levels:2 Story

Utilities

  • Water:City Water - Connected
  • Sewer:City Sewer - Connected

Finances and disclosures

  • Price:$499,900
  • Price per sq. ft.:$107.97
  • Tax amount:$8,683 (2025)

Parking

  • Parking description:Detached Garage
  • Garage:Yes
  • Garage spaces:2
Data is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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