Minneapolis, MN 55417 5609 Chicago Avenue S

Pending
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Presented By: Verde Real Estate Group
  • MLS# 7011885
  • 01/26/2026
  • Request Tour
  • Request Info
  • Baths • 2
  • SQFT • 6,452
  • Garage • 3

Home Details

All information is deemed reliable but should be verified by buyer and agent. This versatile 4,220 SF commercial property in the heart of Minneapolis’ Diamond Lake neighborhood offers a unique opportunity for either an investor seeking stable cash flow or an owner-occupant looking to establish a flagship location. Approximately 4,220 SF across two units, with an additional 3,000 SF basement for storage or utility. The space boasts 11'+ ceilings, original hardwood floors, and large windows providing abundant natural light from western exposure. The building is equipped with central heating and air conditioning, a 200 AMP electrical system, and separate utilities for each unit. 3 garages and off-street parking, plus ample street parking for customers. Situated in a high-traffic location with "alfresco" sidewalks, making it ideal for retail or dining concepts. Directly across from Todd Park and next to Kowalski's Market, ensuring steady foot traffic and local visibility.
Presented By: Verde Real Estate Group

Interior Features for 5609 Chicago Avenue S

Bedrooms

Total Bedrooms

Bathrooms

Total Baths2

Other Interior Features

BasementBlock, Storage Space
Basement (Y/N)Yes
Ceiling Height11-15
FuelNatural Gas
Garage Door Width8

General for 5609 Chicago Avenue S

AccessibilityNo Stairs External, Wheelchair Ramp(s)
Additional Parcels Y/NNo
CityMinneapolis
Construction MaterialsBlock, Frame
ContingencyNone
CoolingCentral Air
CountyHennepin
Current UseBeauty/Barber Shop, Professional Service, Retail
Directions35W to Diamond Lake Exit (54th street) East to Portland, South to 56th Street, East to Chicago.
Garage Spaces3
Gross Income86400
HeatingForced Air, Outdoor Furnace
High School DistrictMinneapolis
Land Lease Y/NNo
Lender OwnedNo
LevelsOne
Lot Size UnitsAcres
New ConstructionNo
Number Of Units Total2
OwnerPaysInsurance, Repairs, Roof Maintenance
Possible UseOffice, Other, Professional Service, Retail, Shop, Wholesale, Income, Industrial, Medical/Dental
PostalCityMinneapolis
Property TypeCommercial Sale
RoofAge Over 8 Years, Composition
SewerCity Sewer/Connected
Standard StatusPending
Subdivision NameEdgewater On Nokomis 2nd Add
Tax Annual Amount14111
Tax Year2026
Tenant PaysAll Utilities, Insurance, Security, Taxes
UtilitiesElectric Separate, Heating Separate, Hot Water Separate
Year Built1940
Zoning DescriptionBusiness/Commercial

Exterior for 5609 Chicago Avenue S

Building Area Total6452
Foundation Area4220
InclusionsBuilding, Leases
Lot Dimensions50 x 120.6
Lot FeaturesPublic Transit (w/in 6 blks), Infill Lot, Tree Coverage - Light, Zero Lot Line
Lot Size Area0.14
Parking FeaturesAttached Garage
Road Frontage TypeCity Street, Paved Streets, Sidewalks, Street Lights
Road ResponsibilityPublic Maintained Road
Water SourceCity Water/Connected

Additional Details

Price History

John Wichmann

Agent
Price $464,800
MLS#7011885
List Date 01/26/2026
Property Type Pending
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