**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.
Pending
$155,000
731 W 129th Pl, Chicago, IL 60628
2beds
1,040sqft
Single Family Residence
Built in 1951
9,343 Square Feet Lot
$-- Zestimate®
$149/sqft
$-- HOA
What's special
Waterfront settingPartially finished basementNew garage
- --
- 231
- views
- 35
- saves
Zillow last checked:
Listing updated:
Listed by:
Willie Ross 708-856-1280,
AXEN Realty
Source: MRED as distributed by MLS GRID,MLS#: 12758513
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: No additional rooms
Primary bedroom
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12X11
Bedroom 2
- Level: Main
- Area: 121 Square Feet
- Dimensions: 11X11
Dining room
- Level: Main
- Area: 64 Square Feet
- Dimensions: 8X8
Kitchen
- Level: Main
- Area: 64 Square Feet
- Dimensions: 8X8
Living room
- Level: Main
- Area: 200 Square Feet
- Dimensions: 10X20
Heating
- Natural Gas, Electric
Cooling
- Central Air
Features
- Basement: Partially Finished,Full
- Attic: Full
Interior area
- Total structure area: 0
- Total interior livable area: 1,040 sqft
Property
Parking
- Total spaces: 4
- Parking features: Concrete, Garage Door Opener, Garage, EV Ready, Electric Vehicle Charging Station(s), Yes, Garage Owned, Detached
- Garage spaces: 4
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 1
- Fencing: Fenced
- Has view: Yes
- View description: Back of Property
- Has water view: Yes
- Water view: Back of Property
- Waterfront features: River Front
- Body of water: LITTLE CALUMET RIVER
Lot
- Size: 9,343 Square Feet
Details
- Parcel number: 25331170570000
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1951
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Lake Michigan
Community & HOA
HOA
- Services included: None
Location
- Region: Chicago
Financial & listing details
- Price per square foot: $149/sqft
- Tax assessed value: $117,580
- Annual tax amount: $2,538
- Date on market: 9/14/2026
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history is unavailable.
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,096 -56.8% | $11,758 -2% |
| 2023 | $2,538 +2.5% | $11,999 |
| 2022 | $2,475 +2.3% | $11,999 |
| 2021 | $2,420 +45.6% | $11,999 +61.3% |
| 2020 | $1,662 +0.9% | $7,441 -9% |
| 2019 | $1,647 +1.7% | $8,177 |
| 2018 | $1,619 -47.8% | $8,177 -43.1% |
| 2017 | $3,102 +7.5% | $14,376 |
| 2016 | $2,886 +59% | $14,376 |
| 2015 | $1,815 -29.4% | $14,376 +4% |
| 2014 | $2,570 +2% | $13,818 |
| 2013 | $2,519 +46.8% | $13,818 |
| 2012 | $1,716 +25% | $13,818 +16.9% |
| 2011 | $1,372 -28.8% | $11,817 |
| 2010 | $1,927 +81.7% | $11,817 |
| 2009 | $1,061 +4.1% | $11,817 -12.3% |
| 2008 | $1,019 +2% | $13,472 |
| 2007 | $999 +2% | $13,472 |
| 2006 | $979 -20.3% | $13,472 +42.8% |
| 2005 | $1,228 +1.9% | $9,433 |
| 2004 | $1,206 +4.4% | $9,433 |
| 2003 | $1,154 -5.4% | $9,433 +9.7% |
| 2002 | $1,220 +6.9% | $8,602 |
| 2001 | $1,141 +8.1% | $8,602 |
| 2000 | $1,055 +0.5% | $8,602 +14.9% |
| 1999 | $1,050 | $7,485 |
Find assessor info on the county website
Monthly payment
Est. payment





