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2929 Chicago Ave Unit 1102, Minneapolis, MN, 55407

$219,000

Home List Price

$2,601*

Closing Credit

2 Bedrooms
1 Full Bath
1,290 SqFt
$170/SqFt
Condo

Location

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2929 Chicago Ave Unit 1102, Minneapolis$219,000

Buyer Closing Credits

$2,601*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Concrete, Floor Drain, Garage Door Opener, Guest Parking, Parking Garage, Secured, Underground
Garage2 spaces
Year Built2006
HeatingForced Air, Heat Pump, Hot Water, Radiant
CoolingCentral Air, Heat Pump
MLS #6594909
StatusActive

About 2929 Chicago Ave Unit 1102

Fantastic East-facing Chicago condo in the historic Midtown Exchange building. Located on the 11th floor, it offers one level living, stunning views, abundant natural light, and plenty of space for plant lovers, thanks to its large windows and tall ceilings. The interior is inviting, with soft blue walls, a movable kitchen island, and in-unit laundry. Storage is ample, and there are two underground parking spaces with an option for an electric charger. Residents enjoy a variety of amenities, including a theater/media room, gym, and a rooftop community room and patio equipped with a grill, seating, and planter boxes. The Midtown Global Market, located right downstairs, provides access to diverse restaurants, shops, and entertainment options. Outdoor enthusiasts will appreciate the nearby Midtown Greenway trail and Powderhorn Park, just two blocks away. The building also offers 24-hour security, underground parking, one level living, easy access to freeways and public transportation, and welcomes pets. This condo combines convenience and a vibrant community atmosphere.

Property Details

Property Features

Property Information:

  • Year Built: 2006
  • Living Area: 1,290 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Assigned, Concrete, Floor Drain, Garage Door Opener, Guest Parking, Parking Garage, Secured, Underground

Utilities

Utilities Information:

  • Heating: Forced Air, Heat Pump, Hot Water, Radiant
  • Cooling: Central Air, Heat Pump

Other

Directions Information:

  • Directions: Property is located on Lake St between Chicago and 10th Ave S inside the Midtown Exchange. Park short term (free hour of parking with purchase in market) in the East ramp on 10th Ave S, or N/C on surrounding streets.

Price Information

Listing Price Info

Price Summary:

  • List Price: $219,000
  • Price Per SqFt: $170/SqFt

HOA Fees:

  • Amount: $816
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $3,043
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Minneapolis, MN.

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Minneapolis, MN

City

Med. Sold Price

$349.8K

Med. Price/SqFt

$202

Avg. Days On Market

34

# of Sold Homes

978

2929 Chicago Ave Unit 1102 vs Minneapolis

71 DAYS ON ROCKET

+37 Days

$219,000

-$130.8K Less

$170/SqFt

-$32 Less

KEY TAKEAWAY

This property is $130.8K less than the Median Sold Price and $32/SqFt less than other homes in Minneapolis, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6594909

Listing Office:

  • Office Name: Coldwell Banker Realty

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Last updated on: 11/10/2024, 3:22:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 04, 2018Home Sold
$230,000
Oct 24, 2016Home Sold
$207,900

Tax History

YEARPROP. TAXASSESSMENT
2020$3,043$240,000
2019$3,296$225,710
2018$3,398$225,710
2017$3,147$207,465

History based on county public records data.

Payment Calculator

$1,977

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$723

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-827053
3
/10

  • Green Central Park Elementary School

  • 3416 4th Ave S

  • 0.81 miles

  • Public District Grades PK-5

school-card-donut-827054
2
/10

  • Hennepin Elementary School

  • 2123 Clinton Ave

  • 0.97 miles

  • Public Charter Grades KG-5

school-card-donut-827055
2
/10

  • Aurora Charter School

  • 2101 E 26th St

  • 1.04 miles

  • Public Charter Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,306. The most common annual income of people living in Minneapolis, MN is between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2929 Chicago Ave Unit 1102

What is the listing price of this property?

The listing price of 2929 Chicago Ave Unit 1102 property is $219,000.

What type of property is this?

The property 2929 Chicago Ave Unit 1102 is a condo located in Minneapolis, Minnesota, 55407.

Is this property for sale now?

Active Listing: 2929 Chicago Ave Unit 1102 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,043 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 4, 2018 for $230,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2929 Chicago Ave Unit 1102 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 2929 Chicago Ave Unit 1102 is 1,290 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2929 Chicago Ave Unit 1102 is 2006.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55407›2929 Chicago Ave Unit 1102

This home is located at 2929 Chicago Ave Unit 1102 in Minneapolis, MN and zip code 55407 in the Phillips neighborhood. This 1,290 square foot home was built in 2006. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 31, 2024 and is currently priced at $219,000.

Over 356 listings were sold over their listed price in October 2024 in Minneapolis, MN. In the same period over 399 listings were sold below the listed price and 223 listings were sold for the listed price. Between September 2024 and October 2024, Minneapolis, MN real estate market has seen increase in the number of listings by 9.3%. While the average time on the market in October 2024 was 34 days, the median list price was $349,843.

From Rocket Homes Real Estate and based on county public records data.

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