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124 Chicago Ave

Wayzata, MN 55391

5 bd 4 ba 3,909 sqft Built 2024 Lot 9,148 sqft single_family
Most recent sale
$450,000
May 17, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 27, 2024 Sold $2,035,000 NorthstarMLS
Oct 28, 2024 Listed $2,175,000 NorthstarMLS
Jul 22, 2024 Listed $2,185,000 NorthstarMLS
Apr 2, 2024 Listing removed NorthstarMLS
Aug 4, 2023 Listed $650,000 NorthstarMLS
Feb 7, 2023 Listed $1,750,000 NorthstarMLS
Dec 27, 2022 Listing removed NorthstarMLS
May 27, 2022 Listed $1,750,000 MLS #6202599
Apr 26, 2022 Listing removed NorthstarMLS
Apr 14, 2022 Listed $1,800,000 MLS #6179458
Apr 3, 2022 Listing removed NorthstarMLS
Sep 6, 2021 Relisted $1,600,000 MLS #6093875
Sep 3, 2021 Listing removed $1,600,000 NorthstarMLS
Sep 1, 2021 Listed $1,600,000 MLS #6093875
May 17, 2021 Sold $450,000 Public Record
Dec 27, 2020 Listing removed $475,000 NorthstarMLS
Apr 1, 1978 Sold $43,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $521,100 $521,100 $6,662
2024 $517,100 $517,100 $6,338
2023 $432,000 $432,000 $5,459
2022 $204,000 $243,000 $447,000 $5,285
2021 $197,000 $243,000 $440,000 $5,200
2020 $407,480 $5,000
2019 $378,050 $4,665
2018 $346,440 $4,355
2017 $314,830 $3,972
2016 $298,480 $3,901
2015 $279,950 $3,773
2014 $234,170 $3,229
2013 $247,795 $3,368
2012 $288,670 $3,767
2011 $148,000 $151,000 $299,000 $3,575
2010 $162,000 $158,000 $320,000 $3,557
2009 $172,000 $161,000 $333,000 $3,532
2008 $172,000 $161,000 $333,000 $3,429
2007 $161,800 $139,300 $301,100 $3,111

Property facts

Year built
2024
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
3,909 sqft
Lot size
9,148 sqft
ZIP code
55391
City
Wayzata
Street
Chicago Ave
Coordinates
44.97249, -93.50801

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,700
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 124 Chicago Ave last sell?
124 Chicago Ave most recently sold on May 17, 2021 for $450,000.
What is the current tax assessment for 124 Chicago Ave?
The most recent total assessment for 124 Chicago Ave (year 2025) is $521,100 with $6,662 in property tax.
How does 124 Chicago Ave's assessment compare to its last sale price?
The current assessment is 15.8% above the last sale price of $450,000.
When was 124 Chicago Ave built?
124 Chicago Ave was built in 2024.
How does 124 Chicago Ave compare to others on Chicago Ave?
We track 6 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 124 Chicago Ave?
124 Chicago Ave is a 5 bed, 4 bath, 3,909 sqft, 9,148 sqft lot single_family.
Is 124 Chicago Ave a flip candidate?
No — 124 Chicago Ave does not appear in our flips dataset.
Is 124 Chicago Ave a tax-appeal candidate?
No — 124 Chicago Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+6.7%
Implied 1-yr
+26.8%
2026 Q3
$2.76M
2026 Q4
$2.89M
ZIP 55391 — Median Price History + Forecast

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