9420 Bay Colony Drive Unit 2E, Des Plaines, IL 60016
- Beds
- 2
- Bath
- 1
- Sqft
- 1,000
- Pool
- Yes
View property features, location on map, relevant school information and overview from seller's agent.
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Overview
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.
Location
Full feature list
Basic info
- Property type
- Condo/Co-op
- Number of stories
- 3
- Number of bedrooms
- 2
- Number of bathrooms
- 1
- Square feet
- 1,000
- Year built
- 1974
Exterior features
- Pool
- Yes
Utilities
- Heating
- Electric, Forced air
- Cooling
- Central air
- Sewer
- Public sewer
- Water
- Public
Estimated monthly costs
- HOA Fees
- $364
Taxes
- Tax Annual Amount (2024)
- $4,015
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Midwest Real Estate Data (MRED) MLS®#: 12596621 Last checked: …

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.