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!
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
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Minneapolis, MN.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some or all of the property listings above may have been submitted to the Regional Multiple Listing Service (RMLS) by the listing broker for distribution to cooperating brokers through Broker reciprocity. Attribution of the listing broker may be found on the detail page for all properties. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. No part of this search utility may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise. Home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
DMCA Notice Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/21/2024, 11:22:49 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
DATE
EVENT
PRICE
Sep 09, 2019
Sep 09, 2019Home Sold
$362,500
Tax History
YEAR
PROP. TAX
ASSESSMENT
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
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,157
Per Month
Principal & Interest
$1,967
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$1,123
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,248
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Green Central Park Elementary School
3416 4th Ave S
Distance between this listing and this school0.81 miles
Public District Grades PK-5
2
/10
Hennepin Elementary School
2123 Clinton Ave
Distance between this listing and this school0.97 miles
Public Charter Grades KG-5
2
/10
Aurora Charter School
2101 E 26th St
Distance between this listing and this school1.04 miles
Public Charter Grades PK-4
Nearby Schools
1
/10
Aurora Middle School
2103 E 26th St
Distance between this listing and this school1.04 miles
Public Charter Grades 5-8
3
/10
Universal Academy Charter School
2912 28th Ave S
Distance between this listing and this school1.40 miles
Public Charter Grades PK-8
5
/10
Hiawatha College Preparatory - Kingfield
3800 Pleasant Ave
Distance between this listing and this school1.55 miles
Public Charter Grades 5-8
Nearby Schools
1
/10
Wellstone International High School
3328 Elliot Ave
Distance between this listing and this school0.51 miles
Public District Grades 9-12
2
/10
Wellstone High School - Sws
3228 Elliot Ave
Distance between this listing and this school0.51 miles
Public District Grades 9-12
1
/10
Augsburg Fairview Academy
2504 Columbus Ave
Distance between this listing and this school0.56 miles
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. The majority of families are single, no kids. Residents of this area typically 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.
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 October 2024 more than 356 listings in Minneapolis, MN were sold above the asking price. During the same period more than 223 listings were sold at asking price, while more than 399 were sold below. The number of listings in Minneapolis, MN increased by 9.3% between September 2024 and October 2024. Listings spent 34 days on the market in October 2024, and had a median list price of $349,843 during the same period.
From Rocket Homes Real Estate and based on county public records data.