731 W 129th Place, Chicago, IL 60628
Local realty services provided by:ERA Partners
731 W 129th Place,Chicago, IL 60628
$155,000
- 2 Beds
- 1 Baths
- 1,040 sq. ft.
- Single family
- Pending
Listed by: willie ross
Office: axen realty
MLS#:12758513
Source:MLSNI
Price summary
- Price:$155,000
- Price per sq. ft.:$149.04
About this home
**WATERFRONT OPPORTUNITY WITH MAJOR UPSIDE!** Excellent opportunity for an investor, rehabber, or buyer looking to create value without starting from scratch. This 2-bedroom home features a new garage, partially finished basement, waterfront setting, and an oversized 9,000+ sq. ft. lot. The property offers multiple investment strategies and multiple paths to create value. Take the lighter approach by updating the existing home, maximizing the partially finished basement, and exploring opportunities to add additional living space, bedrooms and/or another bathroom-creating the potential for a strong rental or resale investment. Or think bigger and explore the property as a redevelopment opportunity, including a major expansion or an entirely new-construction project. Large-scale new-construction homes are currently being developed on the same block, demonstrating the investment and redevelopment activity already taking place in the immediate area. With a 9,000+ sq. ft. waterfront lot, buyers have an opportunity to evaluate the strategy that best fits their investment goals. Seller is offering a **$5,000 credit toward a bathroom renovation/update**. **Waterfront. 9,000+ sq. ft. lot. Light-rehab potential. Rental potential. New-construction potential. New development on the block. Partially finished basement. New garage. Multiple paths to create value.** Property sold as-is. **Cash buyers and quick-close offers welcomed.** Bring your vision and move quickly-whether the strategy is renovation, investment, expansion, or new construction, opportunities combining waterfront, land, nearby development, and this level of upside are hard to find....
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Home facts
- Year built:1951
- Listing ID #:12758513
- Updated:September 30, 2026 at 09:22 AM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Rooms Total:5
- Basement Description:Full, Partially Finished
- Living area:1,040 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Electric, Natural Gas
- Central air:Yes
Structure and exterior
- Roof:Asphalt
- Year built:1951
- Building area:1,040 sq. ft.
- Foundation Description:Concrete Perimeter
- Levels:1 Story
Utilities
- Water:Lake Michigan
- Sewer:Public Sewer
Finances and disclosures
- Price:$155,000
- Price per sq. ft.:$149.04
- Tax amount:$2,538 (2023)
Parking
- Total parking spaces:4
- Parking description:Concrete, Detached Garage, Garage
- Garage:Yes
- Garage spaces:4
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