Bought with Alonzo Romo of Coldwell Banker Realty
$217,000
$215,000
0.9%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
1 Bath
1,000 SqFt
SOLD DATE : 04/27/2026
Key Details
Sold Price $217,000
Property Type Condo
Sub Type Condo
Listing Status Sold
Purchase Type For Sale
Square Footage 1,000 sqft
Price per Sqft $217
Subdivision Bay Colony
MLS Listing ID 12596621
Sold Date 04/27/26
Bedrooms 2
Full Baths 1
HOA Fees $364/mo
Year Built 1974
Annual Tax Amount $4,015
Tax Year 2024
Lot Dimensions Condo
Property Sub-Type Condo
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.
Location
State IL
County Cook
Community Park
Rooms
Basement None
Interior
Interior Features Storage, Open Floorplan, Pantry
Heating Electric, Forced Air
Cooling Central Air
Flooring Hardwood
Fireplace N
Appliance Range, Microwave, Portable Dishwasher, Refrigerator, Disposal, Stainless Steel Appliance(s), Oven, Electric Cooktop, Electric Oven
Laundry Common Area
Exterior
Exterior Feature Balcony
Community Features Storage, On Site Manager/Engineer, Park, Party Room, Pool, Sauna, Security Door Lock(s), Steam Room, Tennis Court(s)
Utilities Available Cable Available
View Y/N true
Roof Type Asphalt
Building
Lot Description Common Grounds, Landscaped, Water Rights
Foundation Concrete Perimeter
Sewer Public Sewer, Storm Sewer
Water Lake Michigan, Public
Structure Type Brick
New Construction false
Schools
Elementary Schools North Elementary School
Middle Schools Chippewa Middle School
High Schools Maine East High School
School District 62, 62, 207
Others
Pets Allowed Cats OK, Dogs OK, Number Limit, Size Limit
HOA Fee Include Water,Parking,Insurance,Clubhouse,Pool,Exterior Maintenance,Lawn Care,Scavenger,Snow Removal,Lake Rights
Ownership Condo
Special Listing Condition None
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