3241 Chicago Ave
Minneapolis, MN 55407
5 bd 2 ba 1,912 sqft Built 1914 Lot 4,792 sqft single_family
Most recent sale
$315,000
Apr 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 29, 2022 | Sold | $315,000 | MLS #6166156 |
| Mar 19, 2022 | Listed | $299,900 | MLS #6166156 |
| Aug 31, 2009 | Sold | $105,000 | MLS #3803192 |
| Jun 23, 2009 | Listed | $89,900 | MLS #3803192 |
| May 13, 1999 | Sold | $45,900 | Public Record |
| Mar 22, 1996 | Sold | $26,555 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $305,520 | $4,553 |
| 2024 | — | — | $306,110 | $3,998 |
| 2023 | — | — | $274,500 | $3,622 |
| 2022 | — | — | $250,520 | $3,551 |
| 2021 | — | — | $248,885 | $3,604 |
| 2020 | — | — | $248,885 | $3,633 |
| 2019 | — | — | $222,725 | $3,358 |
| 2018 | — | — | $194,930 | $2,960 |
| 2017 | — | — | $194,930 | $3,036 |
| 2016 | — | — | $181,305 | $2,921 |
| 2015 | — | — | $152,965 | $2,747 |
| 2014 | — | — | $143,155 | $2,761 |
| 2013 | — | — | $138,250 | $2,688 |
| 2012 | — | — | $166,590 | $3,119 |
| 2011 | $164,200 | $22,800 | $187,000 | $3,079 |
| 2010 | $171,700 | $22,800 | $194,500 | $2,877 |
| 2009 | $181,700 | $22,800 | $204,500 | $5,486 |
| 2008 | $184,000 | $20,200 | $204,200 | $3,414 |
| 2007 | $129,400 | $13,400 | $142,800 | $1,844 |
Property facts
Year built
1914
Property type
single_family
Stories
2
Beds
5
Baths
2
Living area
1,912 sqft
Lot size
4,792 sqft
ZIP code
55407
City
Minneapolis
Street
Chicago Ave
Coordinates
44.94351, -93.26222
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,868
Gross rental yield
10.93%
Implied cap rate
7.10%
Trend-extrapolated value
—
Frequently asked questions
When did 3241 Chicago Ave last sell?
3241 Chicago Ave most recently sold on Apr 29, 2022 for $315,000.
What is the current tax assessment for 3241 Chicago Ave?
The most recent total assessment for 3241 Chicago Ave (year 2025) is $305,520 with $4,553 in property tax.
How does 3241 Chicago Ave's assessment compare to its last sale price?
The current assessment is 3.0% below the last sale price of $315,000.
When was 3241 Chicago Ave built?
3241 Chicago Ave was built in 1914.
How does 3241 Chicago Ave compare to others on Chicago Ave?
We track 8 other properties on Chicago Ave. Browse the list under "Other properties on Chicago Ave" to compare beds, baths, and sale history.
What are the property facts for 3241 Chicago Ave?
3241 Chicago Ave is a 5 bed, 2 bath, 1,912 sqft, 4,792 sqft lot single_family.
Is 3241 Chicago Ave a flip candidate?
No — 3241 Chicago Ave does not appear in our flips dataset.
Is 3241 Chicago Ave a tax-appeal candidate?
No — 3241 Chicago Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.4%
Implied 1-yr
-5.4%
2026 Q3
$280.3K
2026 Q4
$276.1K
ZIP 55407 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Chicago Ave