9420 Bay Colony Drive, Des Plaines, Illinois 60016
$215,000
|
For Sale
|
|
| Status: | Contingent |
| Sqft: | 1,000 |
| Cost/Sqft: | $215 |
| Beds: | 2 |
| Baths: | 1 |
| Year Built: | 1974 |
| Property Taxes: | $4,015 |
| Days On Market: | 31 |
| Lot Size: | 0,00 |
Description
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.
Property Specifics
| Condos/Townhomes | |
| 3 | |
| — | |
| 1974 | |
| — | |
| 2E | |
| No | |
| — |
| Cook | |
| Bay Colony | |
| 364 / Monthly | |
| — | |
| — | |
| — | |
| 12596621 | |
| 09162010331015 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
Grade School
North Elementary School |
62 | — | |
|
Middle School
Chippewa Middle School |
62 | Not in DB | |
|
High School
Maine East High School |
207 | Not in DB | |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 12 Jun, 2019 | Sold | $128,000 | MRED MLS |
| 21 Apr, 2019 | Under contract | $129,900 | MRED MLS |
| 19 Apr, 2019 | Listed for sale | $129,900 | MRED MLS |
| 6 Apr, 2026 | Under contract | $215,000 | MRED MLS |
| 24 Mar, 2026 | Listed for sale | $215,000 | MRED MLS |
Room Specifics
Total Bedrooms: 2
Bedrooms Above Ground: 2
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Full Bathrooms: 1
Bathroom Amenities: Whirlpool
Bathroom in Basement: 0
Rooms: —
Basement Description: —
Other Specifics
| — | |
| — | |
| — | |
| — | |
| — | |
| Condo | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2019 | $1,220 |
| 2026 | $4,015 |
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Listing Provided By
Berkshire Hathaway HomeServices Starck Real Estate
