1 month on rocket

Sale Pending

2929 Chicago Ave Unit 1116, Minneapolis, MN, 55407

$229,000

Home List Price

$2,719*

Closing Credit

2 Bedrooms
1 Full Bath
1,220 SqFt
$188/SqFt
Condo
Schools Nearby

Location

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2929 Chicago Ave Unit 1116, Minneapolis$229,000

Buyer Closing Credits

$2,719*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingUnderground
Garage2 spaces
Year Built1900
HeatingForced Air
CoolingCentral Air
MLS #6495592
StatusSale Pending
(Pending)

About 2929 Chicago Ave Unit 1116

Enjoy modern loft living at the Fabulous Chicago Condos located in the Midtown Exchange building. This light as spacious 2 Bed, 1 Bath unit is ready for you to call home. Stunning finishes, stainless steel appliances in an updated kitchen, large windows with breathtaking views. Just downstairs offers a wide array of restaurants, shops and more. Amenities include a community room, rooftop patio, theater/media room, gym and more. Convenient access to everything. Welcome home!

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Living Area: 1,220 SqFt

Listing Office:

  • Office Name: Lakes Sotheby's International Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Underground

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • South High School, Public District Grades 9-12

Other

Directions Information:

  • Directions: I-35W to Lake St, east to Elliot Ave to property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $229,000
  • Price Per SqFt: $188/SqFt

HOA Fees:

  • Amount: $668
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $3,078
  • 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 1116 vs Minneapolis

41 DAYS ON ROCKET

+3 Days

$229,000

-$112.2K Less

$188/SqFt

-$14 Less

KEY TAKEAWAY

This property is $112.2K less than the Median Sold Price and $14/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: #6495592

Listing Office:

  • Office Name: Lakes Sotheby's International Realty

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Last updated on: 4/26/2024, 12:52:15 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$3,078$224,000
2019$3,251$224,000
2018$3,349$224,000
2017$3,153$209,500

History based on county public records data.

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$1,878

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$753

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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-517182
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. The majority of Minneapolis, MN residents have income between $35k-100k annually. The majority of families are single, no kids. The majority of 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 1116

What is the listing price of this property?

The listing price of 2929 Chicago Ave Unit 1116 property is $229,000.

What type of property is this?

The property 2929 Chicago Ave Unit 1116 is a condo located in Minneapolis, Minnesota, 55407.

Is this property for sale now?

Sale Pending: 2929 Chicago Ave Unit 1116 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 1116 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 $3,078 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2929 Chicago Ave Unit 1116 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 2929 Chicago Ave Unit 1116 is 1,220 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2929 Chicago Ave Unit 1116 is 1900.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55407›2929 Chicago Ave Unit 1116

This home is located at 2929 Chicago Ave Unit 1116 in Minneapolis, MN and zip code 55407 in the Phillips neighborhood. This 1,220 square foot home was built in 1900. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 15, 2024 and is currently priced at $229,000.

In March 2024, from all listings sold in Minneapolis, MN there were more than 380 sold above asking price, over 317 sold below and more than 165 were sold right at the asked price. The number of homes for sale in Minneapolis, MN increased by 15.5% between February 2024 and March 2024. In March 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $341,287.

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

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