Does this property have an HOA?

No, this property does not have a homeowners association.

What are the annual property taxes?

Annual property taxes are $3,046 (2026).

What school district is this property in?

This property is in the 630 - Red Lake Falls school district.

Does this home have a garage?

Yes, this home has a 2-car garage.

How long has this property been on the market?

This property has been listed for 115 days.

Listed at

$175,000

$98/sqft

Rlf-Rr Add

502 Chicago Avenue, Red Lake Falls, MN, 56750

3 Bedrooms2 Bathrooms1,778 Square Feet0.16 Acres

Days on market115

Year built1994

Garage spaces2

TypeResidential

Est. $2,250buyer credit when you buy with SODL

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About this home

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.

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Home facts

Property typeResidential

Property subtypeSingle Family

Year built1994

LevelsSplit Entry (Bi-Level)

Living area1,778 sqft

Above-grade finished936 sqft

Below-grade finished842 sqft

Lot size0.16 acres (50 x 140)

Days on market115

ListedJun 4, 2026

MLS #NST7087724

CountyRed Lake

SubdivisionRlf-Rr Add

Parcel #173328000

Facts & features

Interior

Bedrooms: 3
Bathrooms: 2
Bath breakdown: 2 full
Heating: Baseboard
Cooling: Central Air
Laundry: Upper Level

Property

Levels / stories: Split Entry (Bi-Level)
Garage: 2 spaces · 24 x24 · 576 sqft
Parking features: Detached Garage
Patio & porch: Deck
Exterior features: Vinyl
Lot size: 0.16 acres

Construction

Property type: Residential
Property subtype: Single Family
Construction materials: Frame
Foundation: Other · 936 sqft
Year built: 1994

Utilities

Water: City Water/Connected
Sewer: City Sewer/Connected
Fuel: Electric

Community & HOA

Subdivision: Rlf-Rr Add
HOA: No HOA
School district: 630 - Red Lake Falls
High school district: Red Lake Falls

Financial & listing details

Annual tax: $3,046 (2026)
Listed: Jun 4, 2026
Days on market: 115 · 1 cumulative
Manufactured home: Yes

Interior details

Total bathrooms2

Full baths2

3/4 baths0

Half baths0

1/4 baths0

BasementFinished, Full, Kitchenette

HeatingBaseboard

CoolingCentral Air

LaundryUpper Level

DiningInformal Dining Room

AccessibilityGrab Bars In Bathroom

Exterior & lot

ExteriorVinyl

FoundationOther

Foundation area936 sqft

Patio/porchDeck

Lot featuresCorner Lot

Road responsibilityPublic Maintained Road

ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected

SewerCity Sewer/Connected

FuelElectric

Parking & garage

ParkingDetached Garage

Garage spaces2

Garage size576 sqft

Financial details

Annual taxes$3,046

Tax year2026

Taxes w/ assessments3046

Assessment pendingNo

Down payment resourceYes

Lender ownedNo

Short saleNo

ForeclosureNo

Schools

District630 - Red Lake Falls

District number630

District phone2182532139

High schoolRed Lake Falls

SODL flat fee brokerage

$2,250Estimated buyer credit

SODL platform fee $3,000Your buyer credit $2,250

Buyer-side commission

3.0%

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

Tour homes with SODL’s flexible showing network
Submit offers and manage your transaction through the platform
Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$1,232/mo

Principal & interest$920

Property taxes$254

Home insurance (est.)$58

Down payment

$35,000

0%50%

Credit score

Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.