Waterfront - Primary on Main
Address
731 W 129th Place, Chicago, IL
Price
$ 155,000
Property Attributes
  • MLS#12758513
  • TypeSingle Family
  • Listing Status New
  • CountyCOOK
  • CityChicago
  • AreaCHI - West Pullman
  • NeighborhoodWest Pullman
  • Zip60628
  • Style
  • Year Built1951
  • Taxes$ 2538
  • Price$ 155,000
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1040
Data Source:
Midwest Real Estate Data (MRED)
Property Description

**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.

Price History
9/14/2026 Listed $155,000

General Features

Living Area 1040
Sewer Public Sewer
Heating Natural Gas,Electric
Cooling Central Air
Possession Closing
Roof Asphalt
Garage Spaces 4
Association Fee Includes None
Construction Materials Brick
Year Built 1951
Electric Circuit Breakers
Township Lake
Tax Year 2023
Ownership Fee Simple
Assoc Fee Paid Per Not Applicable
County Cook
New Construction No
Property Type Residential
Total Rooms 5
Full Baths 1
Status New
Directions Halsted St to 127th St,west to Union Ave,south to 129th Pl,west to property.
City Chicago
High School District 299
MLS Area CHI - West Pullman
Tax Annual Amount 2538
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
Property Type Detached Single

Interior Features

Basement Partially Finished,Full
Total Bedrooms 2
Room Type No additional rooms
LivingAreaSource Assessor
Total Baths 1
Bedrooms Possible 2

Exterior Features

Parking Features Concrete,Garage Door Opener,Garage,EV Ready,Electric Vehicle Charging Station(s),Yes,Garage Owned,Detached
Water Source Lake Michigan
Total Parking 4
Foundation Details Concrete Perimeter
Lot Dimensions 9343
Waterfront Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 60628

Price
AVG $190K
$160K
Taxes
AVG $3,217
$2,538
Year Built
AVG 1923
1951

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