Taxes
- Assessed Value: $8,670,000
- Assessed Year: 2025
- Assessed County: Hennepin
- APN: 22-029-24-33-0047
- Assessed Land Value: 5856600
- Market Land Value: 5856600
- Tax Amount: 298422.08
- Tax Year: 2025
- Market Value: 8670000
- Market Year: 2025
1518 Chestnut Ave; Minneapolis, MN Property Details
Off market
1518 Chestnut Ave Minneapolis, MN 55403
$8,670,000 Estimated Value
280,123 SqFt
Property Type
GeneralProperty Details
Summary
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1917
- APN: 22-029-24-33-0047
- Situs County: Hennepin
Structure
- Building Style: Concrete
- Stories: 3
- Exterior Wall Type: Metal
- Building Condition: Average
- Building Quality: C
- Roof Type: Flat
- Roof Cover Type: Tar & Gravel
Measurements
- Total: 280,123/SqFt
- Lot: 301,871/SqFt
- Gross: 280,123/SqFt
- Living: 214,969/SqFt
- Basement: 65,154/SqFt
- Building: 280,123/SqFt
- Ground: 140,707/SqFt
Legal Description
- Description: LOT 020 A AUDITORS SUBD. NO. 031 BEG AT SE COR OF LOT 27 TH N ALONG E LINE THOF AND ITS NLY EXTENSION TO N LINE OF LOT 20 TH W ALONG SAID N LINE TO ITS INTERSEC WITH SLY EXTENSION OF T 677.10 X 445.00
Building Insights
Land Information
- Property Type: General
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Minneapolis Public School District
- Lat / Lon: 44.97758 / -93.285324
- Subdivision: Auditors Subd. No. 031
- Property Class: Commercial
- Zoning: I1
- County Use Code: C
Amenities
- Plus Four: 1232
- Cooling: Yes
- Heating: Forced air unit
Ownership Info
1518 Chestnut Ave has no associated ownership info
1518 Chestnut Ave has no associated ownership info.
Taxes
1518 Chestnut Ave has 10 associated Taxes items
1518 Chestnut Ave, Minneapolis, MN pays taxes in Hennepin County, MN. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $8,670,000. The APN we've located for 1518 Chestnut Ave is 22-029-24-33-0047.
Unlock the full reportTax History
1518 Chestnut Ave has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $8,670,000 | Land Value $5,856,600 | Improvement Value $2,813,400 | Tax Amount $298,422.09 | Change Rate -0.498304% | Assessed CR | Tax Rate +0.03442% |
| Year 2024 | Assessed Value $17,920,000 | Land Value $6,757,600 | Improvement Value $11,162,400 | Tax Amount $594,826.25 | Change Rate +0.124172% | Assessed CR | Tax Rate +0.033193% |
| Year 2023 | Assessed Value $17,102,000 | Land Value $6,757,600 | Improvement Value $10,344,400 | Tax Amount $529,124 | Change Rate +0.14861% | Assessed CR | Tax Rate +0.030939% |
| Year 2022 | Assessed Value $14,721,000 | Land Value $6,006,900 | Improvement Value $8,714,100 | Tax Amount $460,664.59 | Change Rate -0.008962% | Assessed CR | Tax Rate +0.031293% |
| Year 2021 | Assessed Value $13,384,000 | Land Value $5,421,200 | Improvement Value $7,962,800 | Tax Amount $464,830.31 | Change Rate -0.01794% | Assessed CR | Tax Rate +0.03473% |
| Year 2020 | Assessed Value $13,795,000 | Land Value $5,556,200 | Improvement Value $8,238,800 | Tax Amount $473,321.81 | Change Rate -0.019296% | Assessed CR | Tax Rate +0.034311% |
| Year 2019 | Assessed Value $13,060,000 | Land Value $4,805,500 | Improvement Value $8,254,500 | Tax Amount $482,634.81 | Change Rate +0.052724% | Assessed CR | Tax Rate +0.036955% |
| Year 2018 | Assessed Value $12,780,000 | Land Value $4,805,500 | Improvement Value $7,974,500 | Tax Amount $458,462.75 | Change Rate +0.067187% | Assessed CR | Tax Rate +0.035873% |
| Year 2017 | Assessed Value $10,970,000 | Land Value $4,925,500 | Improvement Value $6,044,500 | Tax Amount $429,599.34 | Change Rate +0.066442% | Assessed CR | Tax Rate +0.039161% |
| Year 2016 | Assessed Value $9,975,000 | Land Value $3,403,800 | Improvement Value $6,571,200 | Tax Amount $402,834.19 | Change Rate -0.005402% | Assessed CR | Tax Rate +0.040384% |
| Year 2015 | Assessed Value $9,500,000 | Land Value $3,403,800 | Improvement Value $6,096,200 | Tax Amount $405,022.06 | Change Rate | Assessed CR | Tax Rate +0.042634% |
| Year 2014 | Assessed Value $9,500,000 | Land Value $2,703,100 | Improvement Value $6,796,900 | Tax Amount | Change Rate | Assessed CR | Tax Rate |