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2929 Chicago Ave Unit 1105, Minneapolis, MN, 55407

2beds
2baths
1,360sqft
$234,900
$173price/sqft
$1,779/moest. monthly cost
$71,160/yrincome needed

About This Home

Amazing historic loft featuring soaring ceilings, oversized windows, and park-like views overlooking Mpls. This light-filled home blends authentic loft character with a fully updated open floor plan, including a fresh, modern kitchen with granite countertops and a new fireplace anchoring the living space, perfect for cozy nights in or entertaining guests. Custom window screens allow you to enjoy fresh summer air while staying connected to the city's energy below. Embrace elevated condo living with unmatched amenities: steps from the food, culture, and community at the Midtown Global Market, a 14th-floor rooftop common room and deck with sweeping views, a private 9th-floor media room, a 10th-floor exercise room, and bike storage. A rare two-bedroom layout with one parking stall included completes this exceptional offering. The option to buy a 2nd stall is available. This is more than a home-it’s the true historic loft lifestyle.

Getting Around

79
WalkingVery Walkable
59
TransitGood Transit
97
BikeBiker's Paradise

Schools

--
Andersen CommunityGrades PK-80.3 mi
6/10
South Senior High SchoolGrades 9-120.8 mi
--
Folwell Arts MagnetGrades PK-81.2 mi

Construction

Condition

  • Year built: 1900

Materials

  • Construction materials: Concrete

Type & Style

  • Home type: Condo
  • Property subType: (CC) High Rise (4+ Levels)

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer

Basement

  • Basement: None

Bedroom

  • Level: Main
  • Area: 165
  • Dimensions: 11x15

Bedroom2

  • Level: Main
  • Area: 143
  • Dimensions: 13x11

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Level: Main
  • Area: 48
  • Dimensions: 8x6

Family Room

  • Level: Main
  • Area: 136.5
  • Dimensions: 10.5x13

Features

  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,360

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,360
  • Total interior livable area: 1,360 sqft

Kitchen

  • Level: Main
  • Area: 140
  • Dimensions: 10x14

Living Room

  • Level: Main
  • Area: 399
  • Dimensions: 21x19

Property

Accessibility

  • Accessibility features: Accessible Elevator Installed

Details

  • Parcel number: 3502924340575
  • Attached to another structure: Yes
  • Zoning description: Residential-Single Family
  • Foundation area: 1360

Features

  • Levels: More Than 2 Stories
  • Fencing: None

Lot

  • Lot size: 5.87 Acres
  • Lot size dimensions: 55

Parking

  • Total spaces: 1
  • Parking features: Heated Garage,Underground
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Tornado
    TornadoVery High
  • Hail
    HailRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Tornado
Hail
Heat Wave
Inland Flooding
Strong Wind
Winter Weather

FEMA Declared Disasters in Hennepin County and Minnesota

Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,187$14,244
Home Insurance *$160$1,920
Property Taxes $262$3,144
Electricity $170$2,050
Total$1,779$21,348
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$60,994/yr
40% on housing$53,370/yr
45% on housing$47,440/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 0.2%
0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$173This listing

vs Other Active Listings

Avg $/sqft

ZIP 55407$128
Hennepin County$211

vs Homes Sold Last Month

Median $/sqft

ZIP 55407$218
Hennepin County$207

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-06Price change$249,900
2026-04-29Price change$254,000
2026-04-02Price change$255,000
2026-02-27Price change$268,900
2026-02-08Listed for sale$269,900
2021-09-13Sold$249,900
2021-07-28Pending sale$249,900
2021-06-15Price change$249,900
2021-05-08Price change$259,900
2021-04-09Listed for sale$269,900
2017-08-24Sold$235,000
2017-08-04Pending sale$235,000
2017-07-31Listed for sale$235,000
2011-06-30Sold$172,900
2011-04-30Price change$174,900
2011-02-26Listed for sale$179,900

For Sale by Agent

AgentJoe Michael Grunnet, DRG
BrokerageDRG

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