NOT LISTED FOR SALE

2929 Chicago Ave Unit 1018 Minneapolis, MN 55407

Phillips Neighborhood

Estimated Value: $152,000 - $218,000

1 Bed
1 Bath
969 Sq Ft
5.87 Acres

Highlights

  • 24-Hour Guard
  • 1 Car Attached Garage
  • No Interior Steps
  • No HOA
  • Living Room
  • 1-Story Property

About This Home

As of July 2024

Spacious industrial 1BR, 1BA loft with 1 pkg and most utilities included above the Global Market. Stepping in, you'll love the polished concrete floors, high ceilings, exposed exterior brick, large windows facing south for tons of light throughout the year, and in-unit washer and dryer. Kitchen features mobile island, granite countertops, stainless steel appliances and backsplash. Chicago Lofts is above the vibrant restaurants and retail in the historic Sears Building, with a fitness studio, media room, and 14th floor community lounge with patio and grilling. Included with rent: 1 underground parking stall, basic internet service, building supplied heat and a/c, water/sewer/trash; Tenant responsible for electricity. App Fee: $78. Admin Fee: $150; Move-in fee: $300; security deposit is one month's rent. Photos of a similar unit.

Last Agent to Rent the Property

Tim Carson

DRG Listed on: 05/17/2024

Co-Listed By

Patrick Carson

DRG

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1900

Lot Details

  • 5.87

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Interior Spaces

  • 969 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Accessible Elevator Installed
  • No Interior Steps
  • Accessible Pathway

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Property Available on 7/1/24
  • Tenant pays for cable TV
  • The owner pays for heat, trash collection
  • Assessor Parcel Number 3502924340566

Community Details

Overview

  • No Home Owners Association
  • High-Rise Condominium
  • Chicago Lofts Subdivision

Security

  • 24-Hour Guard
  • Fire Sprinkler System

Additional Features

  • Community Deck or Porch
  • Security

Condo Details

Home Type

Condominium

Year Built

Built in 1900

Lot Details

0

Parking

1

Rental Info

  • Furnished: Unfurnished
  • Lease Term: 12 Months
  • Available Date: 2024-07-01
  • Lease Price: 1595.0000
  • ApplicationFee: 78.0000
  • SecurityDeposit: 1595.0000
  • SmokingPermitted: No

Listing Details

  • Type: Residential Lease
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: Accessible Elevator Installed, No Stairs External, No Stairs Internal
  • Water Source: City Water/Connected
  • Association Amenities: Guard - 24 Hour, Concrete Floors & Walls, Deck, Elevator(s), Fire Sprinkler System, Security
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 969
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Washer
  • Living Area: 969
  • Owner Pays: Heat, Trash Collection
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1
  • SqFtTotal: 969.00
  • Shared Rooms: Amusement/Party Room,Exercise Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Neighborhood: Midtown Phillips

Garage/Parking

  • Parking Features: Assigned, Attached Garage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Kitchen Center Island,Patio,Walk-In Closet

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 0
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Assessor Parcel Number: 3502924340566

Multi Family

  • TenantPays: Cable TV

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2013
Sold by
Federal National Mortgage Association
Bought by
Stroschein Ryan Lee
Current Estimated Value
$177,288

Purchase Details

Closed on
Jul 11, 2012
Sold by
Matthew K Lang
Bought by
Citimortgage Inc

Purchase Details

Closed on
May 18, 2007
Sold by
Chicago Lofts Llc
Bought by
Lang Matthew K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Stroschein Ryan Lee -- Signature Title Midwest Serv
Citimortgage Inc $199,222 --
Citimortgage Inc $199,222 None Available
Lang Matthew K $248,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2024 07/01/24 Rented $1,595 0.0% --
05/17/2024 05/17/24 For Rent $1,595 -- --
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,741 $184,000 $10,000 $174,000
2023 $2,367 $181,000 $5,000 $176,000
2022 $2,707 $190,000 $5,000 $185,000
2021 $2,399 $195,000 $4,000 $191,000
2020 $2,599 $179,000 $2,000 $177,000
2019 $2,677 $179,000 $2,000 $177,000
2018 $2,521 $179,000 $2,000 $177,000
2017 $2,261 $146,500 $2,000 $144,500
2016 $1,794 $112,500 $2,000 $110,500
2015 $1,758 $105,000 $2,000 $103,000
2014 -- $105,000 $2,000 $103,000
Source: Public Records

Agents Affiliated with this Home

  • Tim Carson

    Landlord's Agent in 2024

    Tim Carson

    DRG

    (612) 978-7385

    1 Total Sale

    Tim Carson
    Section Image

  • P

    Landlord's Co-Listing Agent in 2024

    Patrick Carson

    DRG

    (612) 254-0149

    193 Total Sales

    Patrick Carson
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6538178

NorthstarMLS

APN: 35-029-24-34-0566

Minnesota Hennepin County Minneapolis 55407 Phillips

2929 Chicago Ave Unit 1018, Minneapolis, MN

Not Listed for Sale

Condos

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