Active Under Contract

$215,000

9420 Bay Colony Drive, Des Plaines, IL 60016
2 Beds1 Baths0 sqft14 days
9420 Bay Colony Drive·Des Plaines, IL 60016
2Bedrooms
1Bathrooms
0Sq Ft
1974Year Built
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.

MLS# MRD12596621Listed March 24, 2026ResidentialSubdivision: Bay Colony
Property Details

Beds & Baths

Total Bedrooms2
Total Bathrooms1
Full Baths1
Half Baths0
Total Rooms5

Size & Structure

Living Area0 sqft
Stories3
Year Built1974
Lot SizeCondo

Location

CountyCook
TownshipMaine
SubdivisionBay Colony
Zip Code60016

Financial

List Price$215,000
Annual Taxes (2024)$4,015
Monthly Tax Est.$335
Parcel #09162010331015
Interior Features

Appliances

RangeMicrowavePortable DishwasherRefrigeratorDisposalStainless Steel Appliance(s)OvenElectric CooktopElectric Oven

Flooring

Hardwood

Heating

ElectricForced Air

Cooling

Central Air

Basement

None

Laundry

Common Area
Exterior & Lot

Construction

Brick

Roof

Asphalt

Foundation

Concrete Perimeter

Exterior Features

Balcony

Lot Features

Common GroundsLandscapedWater Rights
Utilities & Parking

Sewer

Public SewerStorm Sewer

Water Source

Lake MichiganPublic

Electric

Circuit Breakers100 Amp Service

Parking

AsphaltAssignedUnassignedOff AlleyOff StreetPermit RequiredGuestYesOwned
HOA & Community
HOA Fee
$364
Monthly

HOA Includes

WaterParkingInsuranceClubhousePoolExterior MaintenanceLawn CareScavengerSnow RemovalLake Rights

Association Amenities

StorageOn Site Manager/EngineerParkParty RoomPoolSaunaSecurity Door Lock(s)Steam RoomTennis Court(s)

Community Features

Park
Schools
Elementary
North Elementary School
District: 62
Middle School
Chippewa Middle School
District: 62
High School
Maine East High School
District: 207
Tax & Financial
Annual Taxes
$4,015
Tax Year 2024
Monthly Tax Est.
$335
per month
Property Location

9420 Bay Colony Drive, Des Plaines, IL 60016Cook County

$215,000
9420 Bay Colony Drive
2 bd1 ba0 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
14 days on market
Condo
$4,015/yr taxes
$364 HOA (monthly)
$1,829
estimated monthly payment
Principal & Interest
$1,130/mo
Property Tax
$335/mo
HOA
$364/mo
$215,000
20% — $43,000
3%50%
6.875%
3%12%
Loan Amount
$172,000
Down Payment
$43,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Berkshire Hathaway HomeServices Starck Real Estate
Agent: Anna Skrzyniarz
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Equal Housing Opportunity LogoEqual Housing Opportunity

Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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