Coming Soon

5545 Chicago Ave Unit 205, Minneapolis, MN, 55417

$190,000

Home List Price

$2,256*

Closing Credit

1 Bedroom
1 Full Bath
752 SqFt
$253/SqFt
Condo

Location

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5545 Chicago Ave Unit 205, Minneapolis$190,000

Buyer Closing Credits

$2,256*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingHeated Garage, Underground
Garage1 space
Year Built1979
HeatingBaseboard, Hot Water
CoolingWall Unit(s)
BasementYes
MLS #6620717
Active DateNovember 22, 2024
StatusComing Soon

About 5545 Chicago Ave Unit 205

Swanky 1 bedroom condo in South Minneapolis available due to relocation. Home was meticulously updated with designer inspired selections. New SS oven, SS microwave, toilet, kitchen faucet, bath faucet and light fixtures. Spacious room sizes infused with natural light throughout the day. Large outdoor screened-in and covered deck. Oversized laundry room with space-saving and highly efficient "All-in-One" washer/dryer combo. Well designed and open floor plan allows many options for furniture placement. Heated parking garage with access to an elevator. Prime location near parks, shops and public transportation. Located in a quiet neighborhood where you can enjoy a short walk to Lake Nakomis or Diamond Lake. Don't miss this rare opportunity to own this truly unique, roomy, yet cozy, home. When it's gone, it's gone!

Property Details

Property Features

Property Information:

  • Year Built: 1979
  • Living Area: 752 SqFt

Listing Office:

  • Office Name: Realty Group LLC

Interior Features

Interior Information:

  • Appliances: Dishwasher, 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: Heated Garage, Underground

Utilities

Utilities Information:

  • Heating: Baseboard, Hot Water
  • Cooling: Wall Unit(s)

Other

Directions Information:

  • Directions: Corner of Chicago Ave S & 56th St E.

Price Information

Listing Price Info

Price Summary:

  • List Price: $190,000
  • Price Per SqFt: $253/SqFt

HOA Fees:

  • Amount: $360
  • Frequency: Monthly
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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

5545 Chicago Ave Unit 205 vs Minneapolis

$190,000

-$159.8K Less

$253/SqFt

+$51 More

KEY TAKEAWAY

This property is $159.8K less than the Median Sold Price and $51/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: #6620717

Listing Office:

  • Office Name: Realty Group LLC

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Last updated on: 11/17/2024, 11:22:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,376

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$636

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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.

Nearby Schools

school-card-donut-513155
5
/10

  • Windom Community School

  • 5821 Wentworth Ave

  • 0.93 miles

  • Public Magnet Grades PK-5

school-card-donut-513156
1
/10

  • Hiawatha Leadership Acdy-Northrop

  • 1611 E 46th St

  • 1.34 miles

  • Public Charter Grades KG-4

school-card-donut-513157
1
/10

  • Scitech Academy Charter School

  • 100 W 66th St

  • 1.56 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $107,012. The most common annual income of people living in Minneapolis, MN is between $35k-100k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5545 Chicago Ave Unit 205

What is the listing price of this property?

The listing price of 5545 Chicago Ave Unit 205 property is $190,000.

What type of property is this?

The property 5545 Chicago Ave Unit 205 is a condo located in Minneapolis, Minnesota, 55417.

Is this property for sale now?

Coming Soon: 5545 Chicago Ave Unit 205 is Coming Soon. This listing has not previously been on the market, but will be on the market soon (no showings are allowed yet). A listing contract has been executed.

How many bedrooms and bathrooms does this property have?

The property at 5545 Chicago Ave Unit 205 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 5545 Chicago Ave Unit 205 is 752 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5545 Chicago Ave Unit 205 is 1979.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55417›5545 Chicago Ave Unit 205

This home is located at 5545 Chicago Ave Unit 205 in Minneapolis, MN and zip code 55417 in the Diamond Lake neighborhood. This 752 square foot home was built in 1979. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $190,000.

Minneapolis, MN housing market in October 2024 saw over 356 listings sold above listed price, more than 223 sold at listed price and over 399 sold below. 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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