4 months on rocket

2929 Chicago Ave Unit 1400, Minneapolis, MN, 55407

$625,000

Home List Price

$7,422*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
3,208 SqFt
$195/SqFt
Condo

Location

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2929 Chicago Ave Unit 1400, Minneapolis$625,000

Buyer Closing Credits

$7,422*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Attached Garage, Heated Garage, Secured, Underground
Attached Garage4 spaces
Year Built1928
HeatingBaseboard, Forced Air, Heat Pump, Hot Water, Radiant Floor
CoolingCentral Air
MLS #6572020
StatusActive

About 2929 Chicago Ave Unit 1400

Live a fabulous lifestyle in this massive penthouse which embraces the entire 14th floor of the Midtown Exchange Building. This stunning Condo includes 4 heated parking stalls and boasts true loft architecture. Magnificent ceilings, exposed brick, heated concrete floors, a private elevator entrance & easy rooftop access. The open kitchen features Cambria counters with waterfall edge, custom white oak cabinetry, an expansive island & Thermador appliances. Tall dramatic windows offer breathtaking panoramic views of Minneapolis. Amenities include a fitness center, media room, and party room with rooftop terrace. This pet & bike-friendly building neighbors the Midtown Greenway Trail & is self-sufficient with the Global Market, restaurants, grocery store, medical clinic, DMV and so much more. Live your best life!

Property Details

Property Features

Property Information:

  • Year Built: 1928
  • Living Area: 3,208 SqFt

Listing Office:

  • Office Name: Edina Realty, Inc.

Interior Features

Interior Information:

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

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: Yes
  • Parking: Assigned, Attached Garage, Heated Garage, Secured, Underground

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Lake St. to 10th Ave. S, North to parking ramp on east side of building.

Price Information

Listing Price Info

Price Summary:

  • List Price: $625,000
  • Price Per SqFt: $195/SqFt

HOA Fees:

  • Amount: $1975
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $7,432
  • 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 1400 vs Minneapolis

136 DAYS ON ROCKET

+103 Days

$625,000

+$275K More

$195/SqFt

-$7 Less

KEY TAKEAWAY

This property is $275K more than the Median Sold Price and $7/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: #6572020

Listing Office:

  • Office Name: Edina Realty, Inc.

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Last updated on: 12/22/2024, 2:22:49 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

Apr 02, 2018Home Sold
$511,500

Tax History

YEARPROP. TAXASSESSMENT
2020$7,432$545,500
2019$8,051$545,500
2018$8,290$545,500
2017$7,707$510,000

History based on county public records data.

Payment Calculator

$5,162

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,940

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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-992148
3
/10

  • Green Central Park Elementary School

  • 3416 4th Ave S

  • 0.81 miles

  • Public District Grades PK-5

school-card-donut-992149
2
/10

  • Hennepin Elementary School

  • 2123 Clinton Ave

  • 0.97 miles

  • Public Charter Grades KG-5

school-card-donut-992150
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. 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 1400

What is the listing price of this property?

The listing price of 2929 Chicago Ave Unit 1400 property is $625,000.

What type of property is this?

The property 2929 Chicago Ave Unit 1400 is a condo located in Minneapolis, Minnesota, 55407.

Is this property for sale now?

Active Listing: 2929 Chicago Ave Unit 1400 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 $7,432 (source: MLS/based on county public records data).

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

The last sale was on April 2, 2018 for $511,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2929 Chicago Ave Unit 1400 has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 2929 Chicago Ave Unit 1400 is 3,208 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2929 Chicago Ave Unit 1400 is 1928.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55407›2929 Chicago Ave Unit 1400

This home is located at 2929 Chicago Ave Unit 1400 in Minneapolis, MN and zip code 55407 in the Phillips neighborhood. This 3,208 square foot home was built in 1928. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 08, 2024 and is currently priced at $625,000.

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 number of listings in Minneapolis, MN decreased by 6.1% between October 2024 and November 2024. 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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