731 W 129th Place, Chicago, IL

$155,000

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2

Beds

1

Bath

1,040

Square feet

About 731 W 129th Place

**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.

Features of 731 W 129th Place

MLS® # 12758513
Price $155,000
Bedrooms 2
Bathrooms 1.00
Full Baths 1
Square Footage 1,040
Year Built 1951
Type Residential
Sub-Type Detached Single
Status New

Community Information

Address 731 W 129th Place
Area CHI - West Pullman
City Chicago
County Cook
State IL
Zip Code 60628

Amenities

Parking Spaces 4
Parking Concrete, Garage Door Opener, Garage, EV Ready, Electric Vehicle Charging Station(s), Yes, Garage Owned, Detached
# of Garages 4
Is Waterfront Yes
Has Pool No

Interior

Heating Natural Gas, Electric
Cooling Central Air
Fireplace No
Stories 1 Story
Has Basement Yes
Basement Partially Finished, Full

Exterior

Exterior Brick
Roof Asphalt
Foundation Concrete Perimeter

School Information

District 299

Additional Information

Days on Market 2
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees Freq. Not Applicable

Listing Details

OfficeAXEN Realty

Listing Map

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