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  • $400,000

    7038 Chicago Ave S, Richfield, MN 55423

    3beds
    2,312sqft
    Single Family
    Built in 1954
    7,840 Square Feet Lot
    $401,100 Zestimate®
    $173/sqft
    $2,650 Estimated rent

    Home value

    $401,100

    $373,000 - $433,000

    $2,650/mo

    Zestimate® history
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    What's special

    Mechanics dream garageDual zone heatMid-century light fixtures
    Come see this mid-century modern home and bring your offers. This well cared for home features cove ceilings in the living room, 2 bathrooms, hardwood floors in the 3 bedrooms, 2 fireplaces (LL fireplace has electric log), family room with bar area, dual zone heat and mid-century light fixtures (ooh, la, la). And of course, a mechanics dream garage where the previous owner was a nationally known builder of hot rods and had won numerous car show trophies over the years. He had 7 cars stored inside this heated and insulated space. Perhaps you, as a new owner, will partition some space off in the garage for a game/party room. Let's not forget the shed out back to for additional storage (as if you would really need more LOL). Located in the heart of Richfield, close to shopping, restaurants, Mall of America, MSP Airport and freeways. This home was lovingly maintained and cared for. The home needs to be seen to really appreciate it.

    Zillow last checked:

    Listing updated:

    Listed by:

    Patrick J Hogan 612-978-0765,

    Virtual Realty Associates

    Bought with:

    Theo Lorenz

    Keller Williams Realty Integrity Lakes

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6823229MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Bedroom
    • Level: Main
    • Area: 153.67 Square Feet
    • Dimensions: 12.1 x 12.7
    Bedroom 2
    • Level: Main
    • Area: 101.92 Square Feet
    • Dimensions: 11.2 x 9.1
    Bedroom 3
    • Level: Main
    • Area: 80.91 Square Feet
    • Dimensions: 9.3 x 8.7
    Other
    • Level: Lower
    • Area: 142.74 Square Feet
    • Dimensions: 12.2 x 11.7
    Dining room
    • Level: Main
    • Area: 127.68 Square Feet
    • Dimensions: 11.2 x 11.4
    Family room
    • Level: Lower
    • Area: 285.48 Square Feet
    • Dimensions: 23.4 x 12.2
    Informal dining room
    • Level: Main
    • Area: 45.39 Square Feet
    • Dimensions: 8.9 x 5.1
    Kitchen
    • Level: Main
    • Area: 81.76 Square Feet
    • Dimensions: 11.2 x 7.3
    Laundry
    • Level: Lower
    • Area: 126.26 Square Feet
    • Dimensions: 11.8 x 10.7
    Living room
    • Level: Main
    • Area: 233.18 Square Feet
    • Dimensions: 17.8 x 13.1
    Storage
    • Level: Lower
    • Area: 102.08 Square Feet
    • Dimensions: 11.6 x 8.8
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Range, Refrigerator, Washer
    • Laundry: In Basement
    Features
    • Basement: Block,Daylight,Full,Partially Finished,Storage Space
    • Number of fireplaces: 1
    • Fireplace features: Living Room
    Interior area
    • Total structure area: 2,312
    • Total interior livable area: 2,312 sqft
    • Finished area above ground: 1,156
    • Finished area below ground: 578

    Property

    Parking
    • Total spaces: 7
    • Parking features: Detached Garage, Asphalt, Electric, Garage Door Opener, Heated Garage, Insulated Garage
    • Garage spaces: 7
    • Has uncovered spaces: Yes
    • Details: Garage Dimensions (38.8 x 30.4 x 20.5 x 24.9 x 5.5), Garage Door Height (7), Garage Door Width (16)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Fencing: Wood
    Lot
    • Size: 7,840 Square Feet
    • Dimensions: 130 x 62 x 129 x 62
    • Features: Near Public Transit, Tree Coverage - Light
    Details
    • Additional structures: Storage Shed
    • Foundation area: 1156
    • Parcel number: 3502824220119
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family
    Materials
    • Frame
    • Roof: Asphalt,Pitched
    Condition
    • New construction: No
    • Year built: 1954

    Utilities & green energy

    • Electric: 100 Amp Service
    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & HOA

    Community
    • Subdivision: Zuberts Chicago Ave Add
    HOA
    • Has HOA: No
    Location
    • Region: Richfield

    Financial & listing details

    • Price per square foot: $173/sqft
    • Tax assessed value: $324,400
    • Annual tax amount: $4,206
    • Date on market: 12/6/2025
    • Cumulative days on market: 64 days

    Price history

    DateEventPrice
    3/20/2026Sold$400,000-4.5%$173/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6823229 Report a problem
    2/7/2026Pending sale$419,000$181/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6823229 Report a problem
    12/6/2025Listed for sale$419,000$181/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6823229 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,206 +1%$324,400 +6.6%
    2024$4,165 +8.2%$304,300 -0.8%
    2023$3,848 +0.3%$306,700 +2.9%
    2022$3,835 +9.4%$298,000 +7.6%
    2021$3,507 -3.6%$277,000 +9.5%
    2020$3,639 +3.8%$253,000 +0.8%
    2019$3,507 -3.6%$251,000 +4.1%
    2018$3,639 +8.2%$241,000 +18.7%
    2017$3,364 +18.3%$203,000 +6.8%
    2016$2,844 +1.2%$190,000 +3.3%
    2015$2,811 +5.3%$184,000 +8.2%
    2014$2,670 +4.2%$170,000 +2.4%
    2013$2,562 -11.4%$166,000 -13.5%
    2012$2,892 +2.3%$192,000 -1.5%
    2011$2,827 +1.2%$195,000 -8%
    2010$2,794 -3.6%$212,000 -9.4%
    2009$2,898 +11.1%$234,000 +4.5%
    2006$2,608 +12.9%$224,000 +11.9%
    2005$2,310 +11.8%$200,100 +15%
    2004$2,066 +11.8%$174,000 +12%
    2002$1,847 -48.6%$155,400
    2001$3,591 --
    Find assessor info on the county website

    Neighborhood: 55423

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $401,100
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    Estimated market value
    $401,100