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731 W 129th Place Chicago, IL 60628

$155,000
Pending / MLS# 12758513 / Residential - Single Family / Chicago
2 Beds
1 Bath
1040 SqFt

**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.

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Baird & Warner Sam Walker Agent Cell: 331.330.5065 Email

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Estimated Payment

$ 655.54 per month $398.83 Principal & Interest $211.50 Property Tax $45.21 Homeowner's Insurance
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Property Details

Property Type: Residential - Single Family
Basement: Yes
Basement: Partially Finished, Full
Cooling: Central Air
Garage: 4
Heating: Natural Gas, Electric
Lot Size: 9,343
Roof Type: Asphalt
Taxes: $2,538
Year Built: 1951

Feature Descriptions

Additional rooms: No additional rooms
Association Includes: None
Exterior: Brick
Lot Dimensions: 9343
Parcel#: 25331170570000
Parking: Concrete, Garage Door Opener, Garage, EV Ready, Electric Vehicle Charging Station(s), Yes, Garage Owned, Detached
Sewer: Public Sewer
Total Rooms: 5
Township: Lake
Water: Lake Michigan

Room Information

Bedroom 2: 11X11
Dining Room: 8X8
Kitchen: 8X8
Living Room: 10X20
Primary Bedroom: 12X11

Schools

School District: District 299

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

See details and scored characteristics about this location.

Listing Office: AXEN Realty

Listing Office Phone: 630-870-8705



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