9420 Bay Colony Drive 2e

Des Plaines, IL 60016
  • $215,000

    Price
  • 2

    Bed
  • 1

    Bath
  • 1,000

    SqFt

About the Listing 25005 - 270665,878711

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.

Listing Highlights

Status Pending
Days on Site 23
Property Type Condo/Townhome
MLS ® 12596621
Year Built 1974
Total Square Footage 1,000
Lot/Acreage Condo
County Cook
Neighborhood Bay Colony
HOA Dues 364/Monthly
School District 62
Elementary School North Elementary School
Middle School Chippewa Middle School

Interior Details

  • Bedrooms: 2
  • Bathrooms: 1 Full
  • Appliances: Range, Microwave, Portable Dishwasher, Refrigerator, Disposal, Stainless Steel Appliance(s), Oven, Electric Cooktop, Electric Oven, TV-Cable,Intercom
  • Air Cond: Central Air
  • Heating: Electric,Forced Air
  • Fireplaces:
  • Floor: Hardwood
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: Storage,Open Floorplan,Pantry,Cats OK,Dogs OK,Number Limit,Size Limit
  • Water: Lake Michigan,Public

Exterior Details

  • Lot Description: Common Grounds,Landscaped,Water Rights,Pond
  • Garage Capacity: N/A
  • Parking Spaces: 1
  • Lot Dimensions: Condo
  • Roof: Asphalt
  • Others: Balcony
  • Sewer: Public Sewer,Storm Sewer
  • Parking Features: Asphalt,Assigned,Unassigned,Off Alley,Off Street,Permit Required,Guest,Yes,Owned

Financial Details

  • Tax Amount: $4,015
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 09162010331015
  • Tax Year: 2024

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9420 Bay Colony Drive 2e Des Plaines, IL 60016

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Originating MLS: mred

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