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2929 Chicago Ave Unit 1002, Minneapolis, MN, 55407

2beds
1baths
1,290sqft
$200,000
$155price/sqft
$1,564/moest. monthly cost
$62,560/yrincome needed

About This Home

This property qualifies for a lender credit up to $5500 towards closing costs! Experience elevated city living in this stunning east-facing condo located in the historic Midtown Exchange Building. Situated on the 10th floor, this light-filled home offers ever changing views, soaring ceilings, oversized windows, and an inviting open layout designed for comfortable urban living. The updated interior features fresh paint, a movable kitchen island, in-unit laundry, and a brand-new stainless steel refrigerator and dishwasher. Brand new heat pump July 2026. Generous storage space and private resident parking—with the option to install an electric vehicle charger—add everyday convenience. Residents enjoy an impressive array of amenities, including a fitness center, theater/media room, 24-hour security, underground parking, and a rooftop community room and patio complete with grilling stations, seating areas, and planter boxes. Located directly above Midtown Global Market, you’ll have immediate access to a vibrant collection of restaurants, shops, and entertainment. Outdoor recreation is just steps away with the Midtown Greenway on one side and Powderhorn Park just two blocks from your door. With easy access to freeways, public transportation, pet-friendly living, and the ease of one-level living, this exceptional condo perfectly combines historic character, modern comfort, and an unbeatable community atmosphere. Limited number of Rentals allowed, rental cap is not met.

Getting Around

79
WalkingVery Walkable
60
TransitGood Transit
97
BikeBiker's Paradise

Schools

--
Andersen CommunityGrades PK-80.3 mi
6/10
South Senior High SchoolGrades 9-120.9 mi
--
Folwell Arts MagnetGrades PK-81.2 mi

Construction

Condition

  • Year built: 1900

Type & Style

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

Interior

Appliances

  • Appliances included: Cooktop,Dishwasher,Disposal,Dryer,Microwave,Range,Refrigerator,Stainless Steel Appliance(s),Washer
  • Laundry features: Electric Dryer Hookup,Main Level,In Unit,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: None

Bedroom

  • Level: Main
  • Area: 196
  • Dimensions: 14x14

Bedroom2

  • Level: Main
  • Area: 168
  • Dimensions: 14x12

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Level: Main
  • Area: 72
  • Dimensions: 9x8

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,290

Heating & Cooling

  • Heating features: Boiler,Heat Pump,Hot Water,Radiator
  • Cooling features: Central Air,Heat Pump

Interior Area

  • Total structure area: 1,290
  • Total interior livable area: 1,290 sqft

Kitchen

  • Level: Main
  • Area: 180
  • Dimensions: 15x12

Living Room

  • Level: Main
  • Area: 342
  • Dimensions: 19x18

Property

Accessibility

  • Accessibility features: Doors 36"+,Accessible Elevator Installed,No Stairs Internal,Soaking Tub

Details

  • Parcel number: 3502924340550
  • Attached to another structure: Yes
  • Zoning description: Residential-Single Family
  • Foundation area: 1

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 5.87 Acres
  • Features: Near Public Transit,Tree Coverage - Light
  • Lot size dimensions: 0

Parking

  • Total spaces: 1
  • Parking features: Assigned,Attached,Floor Drain,Garage Door Opener,Guest,Garage,Secured,Underground
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes

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 $1,011$12,132
Home Insurance *$136$1,632
Property Taxes $247$2,964
Electricity $170$2,050
Total$1,564$18,768
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$53,622/yr
40% on housing$46,920/yr
45% on housing$41,706/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

$155This listing

vs Other Active Listings

Avg $/sqft

ZIP 55407$129
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)

Price History

DateEventPrice
2026-07-10Price change$200,000
2026-05-23Listed for sale$210,000
2026-04-28Listing removed$2,350
2026-04-06Listed for rent$2,350
2026-03-10Price change$214,900
2026-02-28Listing removed$2,350
2026-02-11Listed for sale$217,000
2026-01-22Listing removed$217,000
2025-11-07Listed for rent$2,350
2025-09-08Listed for sale$217,000
2023-07-25Listing removed--
2023-03-05Listed for rent$2,200
2021-03-24Listing removed--
2020-03-13Sold$240,000
2018-08-18Listing removed$1,700
2018-08-16Listed for rent$1,700
2017-09-13Listing removed$1,749
2017-09-07Price change$1,749
2017-08-30Price change$1,750
2017-08-10Listed for rent$1,600
2016-07-18Listing removed$205,000
2016-05-12Price change$205,000
2016-04-08Pending sale$209,900
2015-10-01Listed for sale$209,900
2011-01-18Sold$163,400

For Sale by Agent

AgentGretchen Kuriger
BrokerageColdwell Banker Realty

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