Active Under Contract

$155,000

731 129th Place, Chicago, IL 60628
2 Beds1 Baths0 sqft4 days
731 129th Place·Chicago, IL 60628
2Bedrooms
1Bathrooms
0Sq Ft
1951Year Built
About This Home

**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# 12758513Listed September 13, 2026Residential
Property Details

Beds & Baths

Total Bedrooms2
Total Bathrooms1
Full Baths1
Half Baths0
Total Rooms5

Size & Structure

Living Area0 sqft
Garage Spaces4
Year Built1951
Lot Size9343

Location

CountyCook
TownshipLake
Zip Code60628

Financial

List Price$155,000
Annual Taxes (2023)$2,538
Monthly Tax Est.$212
Parcel #25331170570000
Interior Features

Heating

Natural GasElectric

Cooling

Central Air

Basement

Partially FinishedFull
Exterior & Lot

Construction

Brick

Roof

Asphalt

Foundation

Concrete Perimeter
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Electric

Circuit Breakers

Parking

ConcreteGarage Door OpenerGarageEV ReadyElectric Vehicle Charging Station(s)YesGarage OwnedDetached
Tax & Financial
Annual Taxes
$2,538
Tax Year 2023
Monthly Tax Est.
$212
per month
Property Location

731 129th Place, Chicago, IL 60628 — Cook County

$155,000
731 129th Place
2 bd1 ba0 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
4 days on market
4-car garage
9343
$2,538/yr taxes
$1,026
estimated monthly payment
Principal & Interest
$815/mo
Property Tax
$212/mo
$155,000
20% — $31,000
3%50%
6.875%
3%12%
Loan Amount
$124,000
Down Payment
$31,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
AXEN Realty
Agent: Willie Ross
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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