731 W 129th Pl

Chicago, IL 60628
  • $155,000

    Price
  • 2

    Bed
  • 1

    Bath
  • 1,040

    SqFt

About the Listing 29307 - 269681,1012041,1018376

**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.

Listing Highlights for 731 W 129th Pl

Status Pending
Days on Site 31
Property Type Residential
MLS ® 12758513
Year Built 1951
Total Square Footage 1,040
Lot/Acreage 9343
County Cook
School District 299

Interior Details

  • Bedrooms: 2
  • Bathrooms: 1 Full
  • Appliances:
  • Air Cond: Central Air
  • Heating: Natural Gas,Electric
  • Fireplaces:
  • Floor:
  • Basement: Partially Finished,Full
  • Other:
  • Water: Lake Michigan

Exterior Details

  • Lot Description: River Front,Waterfront
  • Garage Capacity: 4 car
  • Parking Spaces: 4
  • Lot Dimensions: 9343
  • Roof: Asphalt
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Concrete,Garage Door Opener,Garage,EV Ready,Electric Vehicle Charging Station(s),Yes,Garage Owned,Detached

Financial Details

  • Tax Amount: $2,538
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 25331170570000
  • Tax Year: 2023

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Listing Location

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731 W 129th Pl Chicago, IL 60628

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Originating MLS: mred

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Puneet "Pete" Kapoor - CPA, ABR, PSA, SRS, CIPS, ACP

CPA, SRS, PSA, CIPS, ACP, GROUP LEAD, REALTOR | PRINCIPAL CO-OWNER | The Sterling Group Global | Keller Williams Infinity

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