RENTED AUG 29, 2025

7408 Chicago Ave Richfield, MN 55423

Estimated Value: $328,000 - $394,000

4 Beds
2 Baths
1,638 Sq Ft
$218/Sq Ft Est. Value

Highlights

  • Multiple Garages
  • No HOA
  • 4 Car Detached Garage
  • Main Floor Primary Bedroom
  • Lower Floor Utility Room
  • Patio

About This Home

As of August 2025

This spacious 4-bedroom home in Richfield offers plenty of room for comfort and convenience. With 1 full bath and an additional 3/4 bath, it's perfect for a family or roommates. Enjoy a large family room in the finished basement, ideal for relaxation or entertainment. The 2-car garage features a handy workshop, providing ample space for storage or DIY projects. The fenced-in backyard offers privacy and a great space for outdoor activities. This property is a must-see--schedule a showing today! A max of 6 people allowed in the house.

Last Agent to Rent the Property

Shabnam Golafshan

Edina Realty, Inc. Listed on: 06/12/2025

Edina Realty, Inc.

Last Renter's Agent

Shabnam Golafshan

Edina Realty, Inc. Listed on: 06/12/2025

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • Chain Link Fence
  • Few Trees

Parking

  • 4 Car Detached Garage
  • Multiple Garages
  • Parking Storage or Cabinetry
  • Tandem Garage
  • Garage Door Opener
  • Parking Fee

Home Design

  • Block Exterior

Interior Spaces

  • 1.5-Story Property
  • Lower Floor Utility Room

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • Washer
  • Sink Near Laundry

Finished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement
  • Basement Storage

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Property Available on 8/1/25
  • Tenant pays for cable TV, electricity, gas, hot water, insurance, telephone, trash collection
  • The owner pays for exterior maintenance, grounds care, hot water, HVAC maintenance, repairs, management, roof maintenance, sewer, snow removal, taxes, water
  • Assessor Parcel Number 3502824320077

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Parking

4

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2025-08-01
  • Lease Price: 2700
  • ApplicationFee: 75
  • SecurityDeposit: 2700
  • SmokingPermitted: N

Listing Details

  • Type: Residential Lease
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 4
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1951
  • Above Grade Finished Sq Ft: 1024
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Y
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full, Storage Space
  • Appliances: Dishwasher, Exhaust Fan, Gas Water Heater, Range, Refrigerator, Washer
  • Living Area: 1638
  • Fireplace: No
  • Below Grade Finished Sq Ft: 614
  • Owner Pays: Exterior Maintenance, Grounds Care, Hot Water, HVAC Maintenance, Repairs, Management, Roof Maintenance, Sewer, Snow Removal, Taxes, Water
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt
  • PoolFeatures: None
  • Fencing: Chain Link
  • Other Structures: Workshop
  • PatioPorchType: Patio

Garage/Parking

  • Parking Features: Covered, Detached Garage, Concrete, Garage Door Opener, Multiple Garages, More Parking Onsite for Fee, Storage, Tandem Garage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • LaundryFeatures: In Basement, Lower Level, Laundry Room, Sink, In Unit
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s), Hardwood Floors, Main Floor Primary Bedroom, Patio, Tile Floors

Schools

  • Junior High Dist: Richfield
  • SchoolDistrictPhone: 6127986010

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 0
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Block, Concrete

Tax Info

  • Assessor Parcel Number: 3502824320077

Multi Family

  • TenantPays: Cable TV, Electricity, Gas, Hot Water, Insurance, Telephone, Trash Collection

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2024
Sold by
Harms Janet Leone
Bought by
Harms Ryan P
Current Estimated Value
$357,547
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Harms Ryan P $485 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2025 08/29/25 Rented $2,300 -14.8% --
06/12/2025 06/12/25 For Rent $2,700 -- --
Source: NorthstarMLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,090 $296,900 $115,000 $181,900
2023 $4,066 $300,100 $119,000 $181,100
2022 $3,819 $295,000 $115,000 $180,000
2021 $3,476 $276,000 $117,000 $159,000
2020 $3,556 $251,000 $101,000 $150,000
2019 $3,471 $246,000 $104,000 $142,000
2018 $3,238 $236,000 $92,000 $144,000
2017 $2,679 $193,000 $69,000 $124,000
2016 $2,722 $185,000 $70,000 $115,000
2015 $2,583 $179,000 $64,000 $115,000
2014 -- $160,000 $64,000 $96,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6737796

NorthstarMLS

APN: 35-028-24-32-0077