NOT LISTED FOR SALE

2929 Chicago Ave Unit 1019 Minneapolis, MN 55407

Phillips Neighborhood

Estimated Value: $152,000 - $227,000

1 Bed
1 Bath
980 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 March 2023

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, and under-cabinet lights. 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; you only need to pay for electricity!

Last Agent to Rent the Property

Tim Carson

DRG Listed on: 02/27/2023

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

  • 980 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 4/1/23
  • Tenant pays for cable TV
  • The owner pays for heat, trash collection
  • Assessor Parcel Number 3502924340567

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: 2023-04-01
  • Lease Price: 1495.0000
  • ApplicationFee: 78.0000
  • SecurityDeposit: 1495.0000
  • 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: 980
  • 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: 980
  • Fireplace: No
  • Owner Pays: Heat, Trash Collection
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1
  • SqFtTotal: 980.00
  • 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: 3502924340567

Multi Family

  • TenantPays: Cable TV

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 23, 2020
Sold by
Brink Heidi and Denardo Michelle
Bought by
Tran Quoc Viet
Current Estimated Value
$177,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2017
Sold by
Chicago Lofts Llc
Bought by
Brink Heidi and Denardo Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,405
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Tran Quoc Viet $195,000 Burnet Title
Brink Heidi $169,900 Custom Home Builders Title L
Tran Quoc Quoc $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tran Quoc Viet $175,500
Previous Owner Brink Heidi $161,405
Closed Tran Quoc Quoc $175,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2023 03/27/23 Rented $1,495 0.0% --
03/17/2023 03/17/23 For Rent $1,495 0.0% --
02/27/2023 02/27/23 Under Contract -- -- --
02/27/2023 02/27/23 For Rent $1,495 -- --
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 $2,214 $176,000 $10,000 $166,000
2023 $2,125 $181,000 $5,000 $176,000
2022 $2,466 $190,000 $5,000 $185,000
2021 $2,153 $195,000 $4,000 $191,000
2020 $2,334 $179,000 $2,000 $177,000
2019 $2,408 $179,000 $2,000 $177,000
2018 $2,231 $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 2023

    Tim Carson

    DRG

    (612) 978-7385

    1 Total Sale

    Tim Carson
    Section Image

  • P

    Landlord's Co-Listing Agent in 2023

    Patrick Carson

    DRG

    (612) 254-0149

    193 Total Sales

    Patrick Carson
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6336656

NorthstarMLS

APN: 35-029-24-34-0567

Minnesota Hennepin County Minneapolis 55407 Phillips

2929 Chicago Ave Unit 1019, Minneapolis, MN

Not Listed for Sale

Condos

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