5538 Chicago Avenue, Minneapolis, MN 55417
Local realty services provided by:CENTURY 21 FM Realty
5538 Chicago Avenue,Minneapolis, MN 55417
$499,900
- 4 Beds
- 4 Baths
- 4,630 sq. ft.
- Multi-family
- Pending
Listed by: john m pecchia, anthony t muscala
Office: welcome home productions, llc.
MLS#:7089641
Source:ND_FMAAR
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 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....
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Home facts
- Year built:1948
- Subdivision & Development:Park Ave Terrace
- Listing ID #:7089641
- Added:78 day(s) ago
- Updated:August 22, 2026 at 08:08 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Living area:4,630 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Year built:1948
- Building area:4,630 sq. ft.
- Lot area:0.14 Acres
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
Parking
- Garage spaces:2
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