2 months on rocket

2929 Chicago Ave Unit 1207, Minneapolis, MN, 55407

$174,900

Home List Price

$2,077*

Closing Credit

1 Bedroom
1 Full Bath
865 SqFt
$202/SqFt
Condo

Location

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2929 Chicago Ave Unit 1207, Minneapolis$174,900

Buyer Closing Credits

$2,077*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingGarage Door Opener, Guest Parking, Parking Garage, Underground
Garage1 space
Year Built2006
HeatingForced Air, Heat Pump, Hot Water, Radiant
CoolingCentral Air
MLS #6606832
StatusActive

About 2929 Chicago Ave Unit 1207

This amazing artist loft will be featured in the December issue of Minneapolis/St Paul Magazine! Be one of the first to see it and enjoy all the convenience of modern one level loft living at the Chicago Condos in the Midtown Exchange (historic Sears Roebuck building). This bright, spacious 12th floor loft features 12’ ceilings, exposed brick, and enormous windows with breathtaking East views. The kitchen offers an oversized custom island, stainless steel appliances, granite countertops, and luxury lighting upgrades. Slab concrete flooring throughout, in unit laundry, custom storage with storage unit in basement and 1 private underground parking spaces. Drive in and take the elevator home. Building amenities include a theater/media room, gym, rooftop community room and rooftop patio with grill, seating, and planter boxes. The Midtown Global Market downstairs offers a wide range of restaurants, shops, and entertainment. The Midtown Greenway trail is at the end of the block and Powderhorn Park is 2 blocks south. 24-hour security, one level living, easy access to freeways and public transportation. Pets are welcome in this magnificent property.

Property Details

Property Features

Property Information:

  • Year Built: 2006
  • Living Area: 865 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty

Interior Features

Interior Information:

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

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, Guest Parking, Parking Garage, Underground

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Property is located on Lake Street 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: $174,900
  • Price Per SqFt: $202/SqFt

HOA Fees:

  • Amount: $550
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $2,374
  • 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 1207 vs Minneapolis

87 DAYS ON ROCKET

+54 Days

$174,900

-$175K Less

$202/SqFt

-$0 Less

KEY TAKEAWAY

This property is $175K less than the Median Sold Price and $0/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: #6606832

Listing Office:

  • Office Name: Coldwell Banker Realty

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Last updated on: 12/22/2024, 8:22:49 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

Jun 05, 2017Home Sold
$105,459

Tax History

YEARPROP. TAXASSESSMENT
2020$2,374$173,000
2019$2,511$173,000
2018$2,587$173,000
2017$2,431$161,500

History based on county public records data.

Payment Calculator

$1,490

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$591

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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-925134
3
/10

  • Green Central Park Elementary School

  • 3416 4th Ave S

  • 0.81 miles

  • Public District Grades PK-5

school-card-donut-925135
2
/10

  • Hennepin Elementary School

  • 2123 Clinton Ave

  • 0.97 miles

  • Public Charter Grades KG-5

school-card-donut-925136
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. Most Minneapolis, MN residents have annual incomes between $35k-100k. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2929 Chicago Ave Unit 1207

What is the listing price of this property?

The listing price of 2929 Chicago Ave Unit 1207 property is $174,900.

What type of property is this?

The property 2929 Chicago Ave Unit 1207 is a condo located in Minneapolis, Minnesota, 55407.

Is this property for sale now?

Active Listing: 2929 Chicago Ave Unit 1207 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 $2,374 (source: MLS/based on county public records data).

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

The last sale was on June 5, 2017 for $105,459. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2929 Chicago Ave Unit 1207 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 2929 Chicago Ave Unit 1207 is 865 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2929 Chicago Ave Unit 1207 is 2006.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55407›2929 Chicago Ave Unit 1207

This home is located at 2929 Chicago Ave Unit 1207 in Minneapolis, MN and zip code 55407 in the Phillips neighborhood. This 865 square foot home was built in 2006. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since September 25, 2024 and is currently priced at $174,900.

While more than 283 listings in Minneapolis, MN in November 2024 were sold above asking price, there were more than 203 listings sold at asking price, and more than 403 were sold below. The inventory of homes for sale in Minneapolis, MN between October 2024 and November 2024 decreased by 6.1%. Listings spent 33 days on the market in November 2024, and had a median list price of $349,986 during the same period.

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

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