Sold: Apr 27, 2026
Address
9420 Bay Colony Drive # 2e, Des Plaines, IL
Price
$ 217,000
Property Attributes
- MLS#12596621
- TypeCondos
- Listing Status Closed
- CountyCOOK
- CityDes Plaines
- AreaDes Plaines
- NeighborhoodBay Colony
- Zip60016
- StyleCondo
- Year Built1974
- Taxes$ 4015
- Price$ 217,000
- Bedrooms2
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage1000
Data Source:
Midwest Real Estate Data (MRED)
Property 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.
| Price History |
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General Features
| Cooling | Central Air |
|---|---|
| Appliances | Range,Microwave,Portable Dishwasher,Refrigerator,Disposal,Stainless Steel Appliance(s),Oven,Electric Cooktop,Electric Oven |
| New Construction | No |
| Year Built | 1974 |
| Unit Number | 2E |
| Elementary School | North Elementary School |
| Additional Parcels Y/N | No |
| Other Structures | Shed(s),Tennis Court(s) |
| High School | Maine East High School |
| Middle/Junior High School | Chippewa Middle School |
| Association Fee Includes | Water,Parking,Insurance,Clubhouse,Pool,Exterior Maintenance,Lawn Care,Scavenger,Snow Removal,Lake Rights |
| Township | Maine |
| Elementary School District | 62 |
| Living Area | 1000 |
| Pets Allowed | Cats OK,Dogs OK,Number Limit,Size Limit |
| County | Cook |
| Community Features | Park |
| Property Type | Residential |
| Middle/Junior School District | 62 |
| Assoc Fee Paid Per | Monthly |
| MRD_CAN_OWNER_RENT | Yes |
| Utilities | Cable Available |
| Subdivision Name | Bay Colony |
| Sewer | Public Sewer,Storm Sewer |
| Total Rooms | 5 |
| Electric | Circuit Breakers,100 Amp Service |
| Association Amenities | Storage,On Site Manager/Engineer,Park,Party Room,Pool,Sauna,Security Door Lock(s),Steam Room,Tennis Court(s) |
| Standard Status | Closed |
| City | Des Plaines |
| Status | Closed |
| Roof | Asphalt |
| Sub Type | Condo |
| Close Price | 217000 |
| Possession | Closing |
| HOA Fee | 364 |
| Tax Annual Amount | 4015 |
| Tax Year | 2024 |
| Full Baths | 1 |
| Heating | Electric,Forced Air |
| Construction Materials | Brick |
| Property Type | Attached Single |
| Directions | FROM GOLF & POTTER,SOUTH ON POTTER TO EMERSON,WEST TO BAY COLONY THEN NORTH & AROUND TO COURT #1 |
| MLS Area | Des Plaines |
| Ownership | Condo |
| High School District | 207 |
Interior Features
| Total Bedrooms | 2 |
|---|---|
| Bedrooms Possible | 2 |
| Total Baths | 1 |
| Basement | None |
| Interior Amenities | Storage,Open Floorplan,Pantry |
| Bathroom | Whirlpool |
| Laundry Features | Common Area |
| Total Stories | 3 |
| Room Type | Balcony/Porch/Lanai |
| LivingAreaSource | Estimated |
| Flooring | Hardwood |
| Total Number of Units | 6 |
Exterior Features
| Exterior Amenities | Balcony |
|---|---|
| Other Equipment | TV-Cable,Intercom |
| Street Suffix | Drive |
| Lot Features | Common Grounds,Landscaped,Water Rights |
| Model | 2E |
| BuyerOfficeFax | (847) 362-9625 |
| Foundation Details | Concrete Perimeter |
| Street Name | Bay Colony |
| Lot Dimensions | Condo |
| ModificationTimestamp | 2026-05-03T08:37:03.286Z |
| Parking Features | Asphalt,Assigned,Unassigned,Off Alley,Off Street,Permit Required,Guest,Yes,Owned |
| Days on Market | 14 |
| Total Parking | 1 |
| Waterfront Y/N | No |
| Water Source | Lake Michigan,Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Pets
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Condos Average in 60016
Price
Taxes
Year Built
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