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Sale Pending

2929 Chicago Ave Unit 1015, Minneapolis, MN, 55407

$250,000

Home List Price

$2,969*

Closing Credit

2 Bedrooms
1 Full Bath
1,287 SqFt
$194/SqFt
Condo
Schools Nearby

Location

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2929 Chicago Ave Unit 1015, Minneapolis$250,000

Buyer Closing Credits

$2,969*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Attached Garage, Concrete, Floor Drain, Garage Door Opener, Guest Parking, Underground
Attached Garage1 space
Year Built2005
HeatingBaseboard, Forced Air, Heat Pump
CoolingCentral Air, Heat Pump
MLS #6507768
StatusSale Pending
(Pending)

About 2929 Chicago Ave Unit 1015

Welcome to this unique gem. The owner fell in love with three aspects when purchasing this condo: the custom arches framing the western view and sunsets, the easy-to-clean tile flooring in the kitchen, and the spacious bath with a walk-in shower. Freshly painted throughout, this bright 10th-floor loft features tall ceilings, exposed brick, a walk-in closet, in-unit laundry, a storage unit in the basement, and an underground parking space. Simply drive in and take the elevator home. Building amenities include a theater/media room, a 10th-floor gym, a rooftop community room and patio with a grill, seating, and planter boxes. Downstairs, the Midtown Global Market offers a wide range of restaurants, shops, and entertainment. The Midtown Greenway trail is at the end of the block, and Powderhorn Park is only two blocks south. With 24-hour security, one-level living, easy access to freeways & public transportation, and a pet-friendly policy, this historic property is truly magnificent!

Property Details

Property Features

Property Information:

  • Year Built: 2005
  • Living Area: 1,287 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty

Interior Features

Interior Information:

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

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Assigned, Attached Garage, Concrete, Floor Drain, Garage Door Opener, Guest Parking, Underground

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • South High School, Public District Grades 9-12

Other

Directions Information:

  • Directions: Property is located on Lake St between Chicago Ave and 10th Ave in Minneapolis.

Price Information

Listing Price Info

Price Summary:

  • List Price: $250,000
  • Price Per SqFt: $194/SqFt

HOA Fees:

  • Amount: $739
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $2,959
  • 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

$341.2K

Med. Price/SqFt

$201

Avg. Days On Market

38

# of Sold Homes

862

2929 Chicago Ave Unit 1015 vs Minneapolis

37 DAYS ON ROCKET

-1 Day

$250,000

-$91.2K Less

$194/SqFt

-$8 Less

KEY TAKEAWAY

This property is $91.2K less than the Median Sold Price and $8/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: #6507768

Listing Office:

  • Office Name: Coldwell Banker Realty

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Last updated on: 4/29/2024, 12:52:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,959$215,000
2019$3,121$215,000
2018$2,993$197,785
2017$2,780$182,525

History based on county public records data.

Payment Calculator

$2,054

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$816

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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.

High School

school-card-donut-2866242
6
/10

  • South High School

  • 3131 19th Ave S

  • 0.86 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,306. Typical income of Minneapolis, MN residents is between $35k-100k annually. The most common type of family 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 1015

What is the listing price of this property?

The listing price of 2929 Chicago Ave Unit 1015 property is $250,000.

What type of property is this?

The property 2929 Chicago Ave Unit 1015 is a condo located in Minneapolis, Minnesota, 55407.

Is this property for sale now?

Sale Pending: 2929 Chicago Ave Unit 1015 is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 2929 Chicago Ave Unit 1015 are:
South High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,959 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2929 Chicago Ave Unit 1015 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 2929 Chicago Ave Unit 1015 is 1,287 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2929 Chicago Ave Unit 1015 is 2005.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55407›2929 Chicago Ave Unit 1015

This home is located at 2929 Chicago Ave Unit 1015 in Minneapolis, MN and zip code 55407 in the Phillips neighborhood. This 1,287 square foot home was built in 2005. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 22, 2024 and is currently priced at $250,000.

Over 380 listings were sold over their listed price in March 2024 in Minneapolis, MN. In the same period over 317 listings were sold below the listed price and 165 listings were sold for the listed price. The number of homes for sale in Minneapolis, MN increased by 15.5% between February 2024 and March 2024. Listings spent 38 days on the market in March 2024, and had a median list price of $341,287 during the same period.

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

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