Accepting Backups

9420 Bay Colony Drive

Des Plaines, IL 60016
$215,000
2beds
1bath
1,000sqft
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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 Description — as provided by the listing brokerage.

The facts

Property typeResidential
Year built1974
Lot size
SubdivisionBay Colony
Annual tax$4,015
CountyCook
MLS #MRD12596621
Days on market14

Schools

ElementaryNorth Elementary School
Middle / JuniorChippewa Middle School
High schoolMaine East High School

Features

Heating
ElectricForced Air
Cooling
Central Air
Appliances
RangeMicrowavePortable DishwasherRefrigeratorDisposalStainless Steel Appliance(s)OvenElectric CooktopElectric Oven
Parking
AsphaltAssignedUnassignedOff AlleyOff StreetPermit RequiredGuestYesOwned
Utilities
Cable Available
Construction
Brick
Lot features
Common GroundsLandscapedWater Rights
Sewer
Public SewerStorm Sewer
Listed by
Berkshire Hathaway HomeServices Starck Real Estate
Anna Skrzyniarz · 773-475-1685

Listing courtesy of mred MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of 4/6/2026, 5:38:02 PM. All data should be independently verified.

This home is under contract but the seller is accepting backup offers. Contact a dwello agent to submit.

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