2 months on rocket

2929 Chicago Ave Unit 1201, Minneapolis, MN, 55407

$394,000

Home List Price

$4,679*

Closing Credit

2 Bedrooms
1 Full Bath
1,810 SqFt
$218/SqFt
Condo

Location

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2929 Chicago Ave Unit 1201, Minneapolis$394,000

Buyer Closing Credits

$4,679*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Garage Door Opener, Guest Parking, Parking Garage, Secured, Underground
Garage2 spaces
Year Built2005
HeatingBaseboard, Forced Air, Heat Pump, Hot Water
CoolingHeat Pump
MLS #6615566
StatusActive

About 2929 Chicago Ave Unit 1201

Looking for a modern loft with historic charm in a prime location? Welcome to Chicago Condos at the iconic Midtown Exchange, where contemporary living meets the heart of Minneapolis! This stunning 12th-floor loft offers 12’ ceilings, exposed brick, and huge windows that flood the space with natural light and showcase unbeatable East-facing views. Love to cook or entertain? You’ll adore the updated kitchen with its oversized custom island, brand-new appliances, and luxury lighting. Plus, enjoy the convenience of in-unit laundry, slab concrete floors, and tons of storage, including a double storage unit and two underground private parking spaces, with option to add electric charging station. Your new home isn’t just beautiful—it’s part of an amenity-packed building! Enjoy a media room, gym, and a gorgeous rooftop party room, large patio with grill flower boxes and seating. The Midtown Global Market is just downstairs, with a variety of restaurants, shops, and entertainment at your doorstep. Outdoorsy? The Midtown Greenway and Powderhorn Park are just steps away. With 24-hour security, pet-friendly policies, easy access to freeways, and public transport, this is city living at its best. Come see this unique gem for yourself—schedule a showing today!

Property Details

Property Features

Property Information:

  • Year Built: 2005
  • Living Area: 1,810 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, Garage Door Opener, Guest Parking, Parking Garage, Secured, Underground

Utilities

Utilities Information:

  • Heating: Baseboard, Forced Air, Heat Pump, Hot Water
  • Cooling: 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: $394,000
  • Price Per SqFt: $218/SqFt

HOA Fees:

  • Amount: $1123
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $4,367
  • 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

$349.9K

Med. Price/SqFt

$202

Avg. Days On Market

33

# of Sold Homes

889

2929 Chicago Ave Unit 1201 vs Minneapolis

73 DAYS ON ROCKET

+40 Days

$394,000

+$44K More

$218/SqFt

+$16 More

KEY TAKEAWAY

This property is $44K more than the Median Sold Price and $16/SqFt more than other homes in Minneapolis, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6615566

Listing Office:

  • Office Name: Coldwell Banker Realty

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Last updated on: 12/22/2024, 9:22:49 AM 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 09, 2019Home Sold
$362,500

Tax History

YEARPROP. TAXASSESSMENT
2020$4,367$326,500
2019$4,649$319,995
2018$4,798$319,995
2017$4,478$296,560

History based on county public records data.

Payment Calculator

$3,157

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,248

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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-935243
3
/10

  • Green Central Park Elementary School

  • 3416 4th Ave S

  • 0.81 miles

  • Public District Grades PK-5

school-card-donut-935244
2
/10

  • Hennepin Elementary School

  • 2123 Clinton Ave

  • 0.97 miles

  • Public Charter Grades KG-5

school-card-donut-935245
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. Residents of Minneapolis, MN typically earn between $35k-100k each year. 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 1201

What is the listing price of this property?

The listing price of 2929 Chicago Ave Unit 1201 property is $394,000.

What type of property is this?

The property 2929 Chicago Ave Unit 1201 is a condo located in Minneapolis, Minnesota, 55407.

Is this property for sale now?

Active Listing: 2929 Chicago Ave Unit 1201 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 $4,367 (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 9, 2019 for $362,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2929 Chicago Ave Unit 1201 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 2929 Chicago Ave Unit 1201 is 1,810 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2929 Chicago Ave Unit 1201 is 2005.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55407›2929 Chicago Ave Unit 1201

This home is located at 2929 Chicago Ave Unit 1201 in Minneapolis, MN and zip code 55407 in the Phillips neighborhood. This 1,810 square foot home was built in 2005. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 09, 2024 and is currently priced at $394,000.

In November 2024, from all listings sold in Minneapolis, MN there were more than 283 sold above asking price, over 403 sold below and more than 203 were sold right at the asked price. In November 2024 in Minneapolis, MN there were 6.1% less homes for sale than in October 2024. In November 2024 median list price was $349,986 and the average listing age was 33 days.

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

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