It’s been about 6-months since we last chattered about River City at 800 S. Wells in the South Loop.
We have chattered about this building numerous times over the past two years. In fact, it was one of the first properties I ever chattered on.
It looks like the banks are getting a bit more aggressive on […]
We last checked in on River City, at 800 S. Wells, in Printers Row in the South Loop in July of 2008.
Back then, some foreclosures and short sales were selling, but the building was still among the top for foreclosures and short sales in the downtown.
See our prior chatter and pictures here.
But never fear if you think […]
We last chattered about River City, the American Invsco conversion at 800 S. Wells in the South Loop, in March 2008. At that time, foreclosures were selling at 55% off prior sales prices.
Were buyers who bought the 3-bedroom duplexes in the last year a bit too early? What about buying now?
Prices have continued to fall in […]
Sorry to keep talking about the foreclosures, but they’re inescapable right now. I’m hoping that I’m at least providing information for those people looking to buy in certain buildings (and want to avoid buildings with multiple foreclosures) or to those looking to see where some deals might be.
Yes, the “deal of the century” is still […]
How low will the prices fall in River City at 800 S. Wells in the South Loop?
Ever lower- so it seems. And the foreclosures continue to mount. This building is in serious trouble.
The latest foreclosure:
Unit #554: likely a 3 bedroom, 2.5 bath duplex (I don’t have the exact size of the unit but likely around […]
A few weeks ago I posted about this River City 1500 square foot duplex that originally sold for $543,000 and was now bank owned and being sold for $268,800. That’s a 49% reduction.
The “once in a lifetime opportunity” is still available. According to this post on Craigslist, they are holding an open house this weekend.
Maybe the “deal” […]
River City, the American Invsco conversion at 800 S. Wells, has struggled in the last few years.
But this latest foreclosure, listed on Craigslist, is one that’s sure to raise some eyebrows. It is a 2 bedroom, 2.5 bath 1500 square foot duplex.
Original sale price on March 8, 2006 for $543,000
Now listed for $268,800
That’s nearly a 50% […]