731 W 129th Place
Chicago, IL 60628
For more information on this listing, contact us at: (773) 998-2401
Pending
$155,000
731 W 129th Place Chicago, IL 60628
Detached Single
Property Type
2
Beds
1
Baths
1,040
Sq. Ft.
1951
Year Built
Cook
County
**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.
MLS #
12758513
Monthly HOA
N/A
On Site
Not Available
Last Updated
9/17/2026
Location
Contact Agent
Property Rocks
(773) 998-2401Property Details
Community Information
Address
731 W 129th Place, Chicago, IL 60628
Area
West Pullman
County
Cook
City
Chicago
School District
299
Township
Lake
Zip Code
60628
Architecture
Bedrooms
2
Bathrooms
1
Year Built
1951
Construction Materials
Brick
Age Range
71-80 Years
Type Detached
1 Story
Roof
Asphalt
Foundation
Concrete Perimeter
Basement Type
Partially Finished, Full
Parking Features
Concrete, Garage Door Opener, Garage, EV Ready, Electric Vehicle Charging Station(s), Yes, Garage Owned, Detached
Features / Amenities
Parking Total
4
Garage Spaces
4
Air Conditioning
Central Air
Heat Source / Type
Natural Gas, Electric
Total Rooms
5
Property Features
Lot Dimensions
Less Than .25 Acre
Waterfront
River Front
Water Body
LITTLE CALUMET RIVER
Sewer
Public Sewer
Water
Lake Michigan
Electric
Circuit Breakers
Transportation
School Bus Service, Commuter Bus
Open House Count
0
Fencing
Fenced
Directions
Halsted St to 127th St, west to Union Ave, south to 129th Pl, west to property.
Tax and Financial Info
Tax Year
2023
Tax Annual Amount
$2,538
Ownership
Fee Simple
Rooms
| Level | |
| Bedroom 2 | Main |
| Dining Room | Main |
| Kitchen | Main |
| Living Room | Main |
| Master Bedroom | Main |
| N/A | |
| N/A | |
| Bedroom 3 | N/A |
| Bedroom 4 | N/A |
| Family Room | N/A |
| Laundry | N/A |
| N/A | |
| N/A | |
| N/A | |
| N/A | |
| N/A | |
| N/A | |
| N/A | |
| N/A |
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Listing provided courtesy of Axen Realty.Listings courtesy of MRED MLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of September 18, 2026 5:45 AM CST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Properties displayed may be listed or sold by various participants in the MLS