2 months on rocket

2929 Chicago Ave Unit 1220, Minneapolis, MN, 55407

$180,000

Home List Price

$2,138*

Closing Credit

1 Bedroom
1 Full Bath
820 SqFt
$220/SqFt
Condo

Location

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2929 Chicago Ave Unit 1220, Minneapolis$180,000

Buyer Closing Credits

$2,138*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Secured, Underground
Garage1 space
Year Built1900
HeatingForced Air, Hot Water
CoolingCentral Air
MLS #6604636
StatusActive

About 2929 Chicago Ave Unit 1220

Welcome home to this stunning 1 bedroom, 1 bathroom condo located in the vibrant Midtown Exchange building in Minneapolis! Featuring an open-concept layout with tall ceilings and expansive windows, this condo is flooded with natural light and offers views of the city. The unit includes the convenience of in-unit laundry, a dedicated parking stall, and a storage unit for all your extra belongings. You'll love living in the heart of Midtown, just steps away from the diverse dining, shopping, and cultural experiences at Midtown Global Market.

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Living Area: 820 SqFt

Listing Office:

  • Office Name: RE/MAX Professionals

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, 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: Assigned, Secured, Underground

Utilities

Utilities Information:

  • Heating: Forced Air, Hot Water
  • Cooling: Central Air

Other

Directions Information:

  • Directions: East on E Lake Street to Chicago Ave North to building entrance.

Price Information

Listing Price Info

Price Summary:

  • List Price: $180,000
  • Price Per SqFt: $220/SqFt

HOA Fees:

  • Amount: $553
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $2,327
  • 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 1220 vs Minneapolis

64 DAYS ON ROCKET

+30 Days

$180,000

-$169.8K Less

$220/SqFt

+$18 More

KEY TAKEAWAY

This property is $169.8K less than the Median Sold Price and $18/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: #6604636

Listing Office:

  • Office Name: RE/MAX Professionals

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 6:22:48 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

Nov 02, 2020Home Sold
$178,824

Tax History

YEARPROP. TAXASSESSMENT
2020$2,327$174,000
2019$2,525$174,000
2018$2,601$174,000
2017$2,445$162,500

History based on county public records data.

Payment Calculator

$1,519

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$606

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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-948321
3
/10

  • Green Central Park Elementary School

  • 3416 4th Ave S

  • 0.81 miles

  • Public District Grades PK-5

school-card-donut-948322
2
/10

  • Hennepin Elementary School

  • 2123 Clinton Ave

  • 0.97 miles

  • Public Charter Grades KG-5

school-card-donut-948323
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 majority of families are single, no kids. Most 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 1220

What is the listing price of this property?

The listing price of 2929 Chicago Ave Unit 1220 property is $180,000.

What type of property is this?

The property 2929 Chicago Ave Unit 1220 is a condo located in Minneapolis, Minnesota, 55407.

Is this property for sale now?

Active Listing: 2929 Chicago Ave Unit 1220 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 $2,327 (source: MLS/based on county public records data).

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

The last sale was on November 2, 2020 for $178,824. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2929 Chicago Ave Unit 1220 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 2929 Chicago Ave Unit 1220 is 820 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2929 Chicago Ave Unit 1220 is 1900.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55407›2929 Chicago Ave Unit 1220

This home is located at 2929 Chicago Ave Unit 1220 in Minneapolis, MN and zip code 55407 in the Phillips neighborhood. This 820 square foot home was built in 1900. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since September 20, 2024 and is currently priced at $180,000.

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%. In October 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $349,843.

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

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