new - 5 days on rocket

2929 Chicago Ave Unit 1206, Minneapolis, MN, 55407

$189,900

Home List Price

$2,255*

Closing Credit

1 Bedroom
1 Full Bath
985 SqFt
$193/SqFt
Condo

Location

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2929 Chicago Ave Unit 1206, Minneapolis$189,900

Buyer Closing Credits

$2,255*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingGarage Door Opener, Secured, Tuckunder Garage, Underground
Garage1 space
Year Built1900
HeatingBaseboard, Forced Air
CoolingCentral Air
BasementYes
MLS #6629172
StatusActive

About 2929 Chicago Ave Unit 1206

Stunning unit located within high demand Chicago lofts offering east facing exposure, open floor plan, excellent sunlight exposure, tall ceilings, and updated kitchen. Other highlights include: 1 stall underground parking, in unit laundry, large bedroom with spacious walk-in closet, stainless steel appliances, center island breakfast bar area, and abundant kitchen cabinetry. The Chicago lofts are located above the Midtown Exchange in the former Sears building and features: Fitness center, media room, and a roof top party room - perfect for hosting small gatherings. The roof top patio and grilling area are ideal for outdoor entertaining. Located close to trails, freeway access, shopping, restaurants and downtown Minneapolis. Move-in condition with lots of shared amenities make this unit a must see!

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Living Area: 985 SqFt

Listing Office:

  • Office Name: Edina Realty, Inc.

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Garage Door Opener, Secured, Tuckunder Garage, Underground

Utilities

Utilities Information:

  • Heating: Baseboard, Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: East on Lake Street to Chicago (N). Parking lot on (R). Lobby inside Midtown Exchange

Price Information

Listing Price Info

Price Summary:

  • List Price: $189,900
  • Price Per SqFt: $193/SqFt

HOA Fees:

  • Amount: $611
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $2,240
  • 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 1206 vs Minneapolis

5 DAYS ON ROCKET

-29 Days

$189,900

-$159.9K Less

$193/SqFt

-$9 Less

KEY TAKEAWAY

This property is $159.9K less than the Median Sold Price and $9/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: #6629172

Listing Office:

  • Office Name: Edina Realty, Inc.

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Last updated on: 11/13/2024, 11:52:48 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

Jan 02, 2020Home Sold
$204,000
Nov 01, 2016Home Sold
$159,900

Tax History

YEARPROP. TAXASSESSMENT
2020$2,240$185,000
2019$2,432$165,085
2018$2,510$165,085
2017$2,325$152,005

History based on county public records data.

Payment Calculator

$1,626

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$636

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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-35660
3
/10

  • Green Central Park Elementary School

  • 3416 4th Ave S

  • 0.81 miles

  • Public District Grades PK-5

school-card-donut-35661
2
/10

  • Hennepin Elementary School

  • 2123 Clinton Ave

  • 0.97 miles

  • Public Charter Grades KG-5

school-card-donut-35662
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. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2929 Chicago Ave Unit 1206

What is the listing price of this property?

The listing price of 2929 Chicago Ave Unit 1206 property is $189,900.

What type of property is this?

The property 2929 Chicago Ave Unit 1206 is a condo located in Minneapolis, Minnesota, 55407.

Is this property for sale now?

Active Listing: 2929 Chicago Ave Unit 1206 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 $2,240 (source: MLS/based on county public records data).

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

The last sale was on January 2, 2020 for $204,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2929 Chicago Ave Unit 1206 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 2929 Chicago Ave Unit 1206 is 985 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2929 Chicago Ave Unit 1206 is 1900.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55407›2929 Chicago Ave Unit 1206

This home is located at 2929 Chicago Ave Unit 1206 in Minneapolis, MN and zip code 55407 in the Phillips neighborhood. This 985 square foot home was built in 1900. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since November 08, 2024 and is currently priced at $189,900.

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. The inventory of homes for sale in Minneapolis, MN between September 2024 and October 2024 increased by 9.3%. The median list price of listings available in October 2024 was $349,843, while the average time on the real estate market was 34 days.

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

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