731 W 129th Place

Chicago, IL
$ 155,000 Beds 2 Baths 1 Sq 1,040
Monthly Estimate* How much can I afford?

**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.

New

  • Price
  • $ 155,000
  • City
  • Chicago
  • Bedrooms
  • 2
  • Full Bathrooms
  • 1
  • County
  • COOK
  • Half Bathrooms
  • 0
  • Area
  • CHI - West Pullman
  • Lot Size
  • Zip
  • 60628
  • Sqr Footage
  • 1,040
  • Year Built
  • 1951
  • Taxes
  • $ 2538
  • Style
  • MLS#
  • 12758513
Listed By: AXEN Realty
Data Source: Midwest Real Estate Data (MRED)

Features

General

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

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Elmwood Park, IL office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

9/14/2026 Listed $155,000

Property vs Zip Code Average in 60628

Price
AVG $190K
$160K
Taxes
AVG $3,243
$2,538
Year Built
AVG 1924
1951

Areas That We Cover

731 W 129th Place Chicago, IL is a Single Family Home for sale at $155000 with 1040 sqft and a lot size of Acre(s). 731 W 129th Place Chicago has 2 bedrooms, 1 baths and was built in 1951. The property's zip code is 60628 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.