9420 Bay Colony Drive #2E, Des Plaines, IL 60016
Local realty services provided by:Better Homes and Gardens Real Estate Connections
Listed by: anna skrzyniarz
Office: berkshire hathaway homeservices starck real estate
MLS#:12596621
Source:MLSNI
Price summary
- Price:$215,000
- Price per sq. ft.:$215
- Monthly HOA dues:$364
About this home
This updated 2-bedroom, 1-bath condo (1,000 sq. ft.) is a rentable, investor-friendly opportunity in a high-demand rental location-ideal for generating immediate income or adding a low-maintenance asset to your portfolio. The open-concept layout, natural light, and private balcony overlooking the courtyard create strong tenant appeal, while recent updates including hardwood flooring, fresh paint, stainless steel appliances, and newer mechanicals (AC & furnace 2023) help minimize upfront costs and ongoing maintenance. Located in a well-managed, amenity-rich community, residents enjoy access to a clubhouse, outdoor pool, and lake rights-features that support strong rental demand and tenant retention. The HOA covers water, exterior maintenance, snow removal, scavenger service, and common insurance, making ownership simple and predictable. Additional highlights include assigned parking, storage, and modern finishes, all of which increase rental desirability. Situated near downtown Des Plaines, Metra, O'Hare International Airport, major highways (I-294 & I-90), shopping, dining, and medical centers, this property is perfectly positioned for commuters and long-term tenants. Fully rentable and move-in ready, this is a turnkey investment with strong upside potential and minimal hassle-ideal for both new and experienced investors....
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Home facts
- Year built:1974
- Listing ID #:12596621
- Added:4 day(s) ago
- Updated:March 29, 2026 at 10:48 AM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Rooms Total:5
- Dining Description:Combined With Living Room
- Bathrooms Description:Whirlpool
- Kitchen Description:Disposal, Electric Oven, Microwave, Portable Dishwasher, Range, Refrigerator, Stainless Steel Appliance(s)
- Basement:Yes
- Living area:1,000 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Electric, Forced Air
- Central air:Yes
Structure and exterior
- Roof:Asphalt
- Year built:1974
- Building area:1,000 sq. ft.
- Lot Features:Common Grounds, Landscaped, Water Rights
- Exterior Features:Balcony
- Foundation Description:Concrete Perimeter
Schools
- High school:Maine East High School
- Middle school:Chippewa Middle School
- Elementary school:North Elementary School
Utilities
- Water:Lake Michigan, Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$215,000
- Price per sq. ft.:$215
- Tax amount:$4,015 (2024)
Features and amenities
- Amenities:Intercom, TV-Cable
- Pool features:Pool
Parking
- Total parking spaces:1
- Parking description:Asphalt, Assigned, Off Alley, Off Street, Unassigned
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