Buy foreclosure homes for sale in Albert Lea, MN, right now on Foreclosure.com for up to 75% off market value. We currently have 10 of the hottest foreclosure deals in Albert Lea, MN, of all prices, sizes and types, including bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and many others. Learn how to buy foreclosed homes in Albert Lea, MN, with no money down and gain exclusive access to hidden distressed real estate listings in Albert Lea, MN, 10 to 180 days before they hit the mass market. Be first with Foreclosure.com — find free foreclosure listings in Albert Lea, MN, before anyone else.
Albert Lea is a city in Freeborn County, in the southern part of the State of Minnesota. It is also the county seat. Its population was 18,016 at the 2010 census.
The city is at the junction of Interstates 35 and 90, about 90 miles (140 km) south of the Twin Cities. It is on the shores of Fountain Lake, Pickerel Lake, Albert Lea Lake, Goose Lake, School Lake, and Lake Chapeau. Fountain Lake and Albert Lea Lake are part of the Shell Rock River flowage.
The city's early growth was based on agriculture, farming support services and manufacturing, and it was a significant rail center. At one time it was the site of Cargill's headquarters. Other manufacturing included Edwards Manufacturing (barn equipment), Scotsman Ice Machines, Streater Store fixtures, and Universal Milking Machines. As in many U.S. towns, Albert Lea's manufacturing base has substantially diminished. A longtime center of the city's job opportunity was the Wilson & Company meatpacking plant, later known as Farmstead and Farmland.
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