Date
Details
Price
Change
Source
6/04/2026
Listed
$189,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/21
$189,000 Just Listed
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Property Description
Come take a look at this lovely home on a corner lot in Red Lake Falls. This home could continue to stay a family home or you could possibly turn it into a duplex. The lower level has a spacious living area with dedicated space for a kitchenette. The upstairs has a comfortable feel with the kitchen, dining and living room, a bedroom and bath. Call for a showing.
Full Property Details
Full Property Details for 502 Chicago Ave SW
General
- Price: $189,000
- Taxes: $3,046 (2026)
- Status: Active
- Type: Single Family
- Source: NorthStarMLS_RMLS
- MLS ID: 7087724
- Updated: 6/6/2026
- Added to Site: 6 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Dining Room: Informal Dining Room
- Formal Dining Room: Informal Dining Room
- Laundry: Upper Level, Upper Level
Exterior
- Porch/Patio/Deck: Deck
Parking
- Garage: Yes
- Garage Description: 24 x 24
- Garage Spaces: 2
- Parking Features: Detached Garage
Location
- County: Red Lake
- Township: Red Lake Falls
- Subdivision: Rlf-Rr Add
- Driving Directions: Home is located on the corner of Chicago Ave
School Information
- School District: 630 - Red Lake Falls
- High School District: Red Lake Falls
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air
- Heating Type: Baseboard
- Heating Fuel: Electric
Utilities
- Sewer: City Sewer Connected
- Water: City Water (Connected)
Structural Information
- Exterior Const.: Frame
- Basement: Yes
- Finished basement: Yes
- Basement Desc.: Finished, Full, Kitchenette
- Foundation Size: 936
- Disability Access: Grab Bars In Bathroom
- Square Feet: 1,778
- Above Ground: 936 Sq. Ft.
- Below Ground: 936 Sq. Ft.
- Finished Down/Base.: 1,872 Sq. Ft.
- Year Built: 1994
Lot Features
- Lot Size (Acres): 0.16
- Lot Dimensions: 50 x 140
- Zoning: Residential-Single Family
- Lot Description: Corner Lot
Financial Considerations
- Tax Amount: $3,046
- Tax Year: 2026
- Terms: Conventional, Cash
Disclosures and Reports
- Legal Description: RLF-RR ADD LOTS 1 & 2
- Property ID: 173328000
Listed by Hometown Realty
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Listing agent
— 502 Chicago Ave SW —
Hometown Realty
NMLS#: 1598647
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Schools
Schools serving 502 Chicago Ave SW
School District:Red Lake Falls Public School District
| Name | Grades | Distance |
|---|---|---|
J.A. Hughes Elementary School 601 1st Street Northeast, Red Lake Falls, MN 56750 | PK-6 | 0.6 mi |
Lafayette Secondary 404 Champagne Avenue Southwest, Red Lake Falls, MN 56750 | 7-12 | 0.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 502 Chicago Ave SW
Tax History
Tax History for 502 Chicago Ave SW
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,092
9%
$167,100
—
2023
$2,838
-8%
$167,100
20%
2022
$3,080
—
$139,600
12%
2021
$3,094
-2%
$124,100
—
2020
$3,142
14%
$124,700
—
2019
$2,764
4%
$125,300
3%
2018
$2,664
-7%
$122,000
—
2017
$2,858
—
$122,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 502 Chicago Ave SW
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502 Chicago Avenue SW, Red Lake Falls, MN 56750 (MLS# 7087724) is a Single Family property with 3 bedrooms and 2 full bathrooms. 502 Chicago Avenue SW is currently listed for $189,000 and was received on June 04, 2026. Want to learn more about 502 Chicago Avenue SW? Do you have questions about finding other Single Family real estate for sale in Red Lake Falls? You can browse all Red Lake Falls real estate or contact a Coldwell Banker agent to request more information.