502 Chicago Avenue SW Red Lake Falls, MN ^$ 175,000

502 Chicago Avenue SW

^$ 175,000

Back to search

502 Chicago Avenue SW

Red Lake Falls, MN, 56750

^$ 175,000

Bedrooms3 Baths2.0 Sq 1,778

Monthly Estimate*

^$ 1,209

502 Chicago Avenue SW, Red Lake Falls, MN 56750 - Image 1

502 Chicago Avenue SW, Red Lake Falls, MN 56750 - Image 2

502 Chicago Avenue SW, Red Lake Falls, MN 56750 - Image 3

502 Chicago Avenue SW, Red Lake Falls, MN 56750 - Image 4

502 Chicago Avenue SW, Red Lake Falls, MN 56750 - Image 5

502 Chicago Avenue SW, Red Lake Falls, MN 56750 - Image 6

502 Chicago Avenue SW, Red Lake Falls, MN 56750 - Image 7

502 Chicago Avenue SW, Red Lake Falls, MN 56750 - Image 8

502 Chicago Avenue SW, Red Lake Falls, MN 56750 - Image 9

502 Chicago Avenue SW, Red Lake Falls, MN 56750 - Image 10

502 Chicago Avenue SW, Red Lake Falls, MN 56750 - Image 11

502 Chicago Avenue SW, Red Lake Falls, MN 56750 - Image 12

502 Chicago Avenue SW, Red Lake Falls, MN 56750 - Image 13

502 Chicago Avenue SW, Red Lake Falls, MN 56750 - Image 14

502 Chicago Avenue SW, Red Lake Falls, MN 56750 - Image 15

502 Chicago Avenue SW, Red Lake Falls, MN 56750 - Image 16

502 Chicago Avenue SW, Red Lake Falls, MN 56750 - Image 17

502 Chicago Avenue SW, Red Lake Falls, MN 56750 - Image 18

502 Chicago Avenue SW, Red Lake Falls, MN 56750 - Image 19

502 Chicago Avenue SW, Red Lake Falls, MN 56750 - Image 20

502 Chicago Avenue SW, Red Lake Falls, MN 56750 - Image 21

502 Chicago Avenue SW, Red Lake Falls, MN 56750 - Image 22

502 Chicago Avenue SW, Red Lake Falls, MN 56750 - Image 23

502 Chicago Avenue SW, Red Lake Falls, MN 56750 - Image 24

Single Family Home for sale in Red Lake Falls, MN

for $175,000 with 3 bedrooms and 2 full baths. This 1,778 square foot home was built in 1994 on a lot size of 0.16.

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.

Single Family Active

Price

^$ 175,000

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 3,046

Style

Single Family

Lot Size

0.16

Year Built

1994

Town/City

Red Lake Falls

County/Region

Red Lake

MLS | Web ID

7087724

Features

General

Living Area 1778

Sewer City Sewer/Connected

Heating Baseboard

Cooling Central Air

HOA Fee 0

Garage Spaces 2

Construction Materials Frame

Year Built 1994

Levels Split Entry (Bi-Level)

Property Subtype Single Family

Tax Year 2026

Accessibility Grab Bars In Bathroom

County Red Lake

New Construction N

Property Type Residential

HOA N

Contingency None

Subdivision Name Rlf-Rr Add

Full Baths 2

Directions Home is located on the corner of Chicago Ave

City Red Lake Falls

High School District Red Lake Falls

Zoning Description Residential-Single Family

Lot Size Units Acres

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 3046

Additional Parcels Y/N N

Standard Status Active

Lender Owned No

Interior

Basement Finished Full Kitchenette

Total Fireplaces 0

Basement (Y/N) Y

Fireplace Y/N N

Above Grade Finished Area 936

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Laundry Features Upper Level

Total Bedrooms 3

Below Grade Finished Area 842

Total Baths 2

Bath Desc Full Basement Main Floor 3/4 Bath

Dining Room Description Informal Dining Room

Foundation Dimensions 36 x 26

Fuel Electric

Garage Dimensions 24 x24

Garage Square Feet 576

Exterior

Parking Features Detached Garage

Lot Features Corner Lot

Water Source City Water/Connected

Lot Size Area 0.16

Building Area Total 1872

Lot Dimensions 50 x 140

Waterfront Y/N N

Foundation Area 936

Road Responsibility Public Maintained Road

Internal Only

Street Number 1 502

* Excluded Features

List By

Hometown Realty

Broker

shelly.guzek@trfrealty.com

Affordability Calculator

$1,463

Per Month

Monthly Principal & Interest: $1,209
Monthly Property Taxes: $254
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Single family listings in Red Lake Falls, MN

Average List Price ^$181,300

Percent of Sale Price 4%

About Red Lake Falls, MN

1,462 Population

-6% Since 2002

^$51,631 Median Income

43.38 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3226701 Elementary School

3226702 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/10/2026	$175,000	-7.41%	Price Down
6/6/2026	$189,000		Listed Price

Map

More homes like this one

homes for you

See all

502 Chicago Avenue SW, Red Lake Falls, MN, 56750 is a Single Family Home for sale at $175,000 with 1,778 sqft and a lot size of 0.16. 502 Chicago Avenue SW has 3 bedrooms, 2.0 baths, and was built in 1994. The property's zip code is 56750 which is in Red Lake Falls, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 10/15/2026.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

502 Chicago Avenue SW

Single Family Home for sale in Red Lake Falls, MN

Affordability Calculator

Map

More homes like this one

Get more info about this home