The CondoShark normally checks in on Fridays, but we gave him some time off for the New Year. He’s back to the grind today and has already found a treat downriver: a 1,550 square-foot three-bedroom at River City, 800 S Wells St, selling for 39 percent less than its 2006 sale price and almost 43 percent off its peak list price.
Unit #528 is a short sale currently priced at $199,900. Agent Bret Derrickson’s listing describes the home as having granite countertops, stainless-steel appliances, and tile bath finishes. The buyer will have access to amenities like a boat marina, a 1-acre park, a 10,000 square-foot sundeck, and an on-site grocery.
Monthly assessments covering heat and A/C, water, common insurance, security, door staff, exercise facilities, pool, exterior maintenance, lawn care, scavenger, and snow removal are estimated at $951.
Unit #528 is just one of 10 units listed as short sales at River City. The other nine range from a 1,000 square-foot two-bedroom priced in the $140s all the way down to an 800 square-foot one-bedroom priced below $90,000.
Visit CondoShark.com for more information on the biggest discounts on homes in select Chicago neighborhoods and North Shore villages.