731 W 129th Place, Chicago, IL 60628 (MLS # 12758513)

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PRICE $155,000 dsIDX morgage calculator
BEDS 2
BATHS 1
HOME SIZE 1,040 sqft
LOT SIZE n/a

**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.

DAYS ON MARKET 2 LAST UPDATED 9/14/2026
YEAR BUILT 1951 COMMUNITY CHI - West Pullman
GARAGE SPACES 4.0 COUNTY Cook
STATUS Active PROPERTY TYPE(S) Single Family


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
AREA CHI - West Pullman
BASEMENT Full, Partially Finished, Yes
CONSTRUCTION Brick
GARAGE Yes
HEAT Electric, Natural Gas
LOT 0
LOT DIMENSIONS 9343
PARKING Concrete, Garage Door Opener, Garage, Electric Vehicle Charging Station(s), Detached
SEWER Public Sewer
TAXES 2538
VIEW Yes
VIEW DESCRIPTION Water
WATER ACCESS LITTLE CALUMET RIVER
WATERFRONT Yes
WATERFRONT DESCRIPTION River Front
MORTGAGE CALCULATOR
   

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Listed with AXEN Realty
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