Rex Grossman sells last of Chicago-area property

Posted April 12, 2010 at 8:38 a.m.

ELITE STREET | By Bob Goldsborough | Former
Chicago Bears quarterback Rex Grossman, now with the Washington
Redskins, has sold the last of his Chicago-area real estate, unloading
his three-bedroom town home in Lake Forest on Friday for $750,000.

As also was the case with another area property that he recently sold,
Grossman, 29, took a loss on the 2,714-square-foot town home, which he
purchased in 2005 for $797,275.  Grossman also lost money on his
3,437-square-foot unit in Chicago’s Trump International Hotel &
Tower, which he bought in 2008 for $2.681 million and sold in January
for exactly $2 million.


Grossman first had listed the Lake Forest town home in August 2008 for $1.025 million and later reduced its asking price to $990,000, $899,000 and $849,000.

Built in 2005, the 10-room, standalone town home has 3 1/2 baths, a two-story foyer with cherry flooring, a fireplace, a first-floor office, grasscloth wall coverings in the master bedroom and office, a full finished basement with a walk-in closet and an extra room, and a custom kitchen with cherry cabinets, granite counters and Viking appliances.

Grossman previously had rented out the town home at $5,000 a month.

The name of the town home’s buyer has not yet appeared in public records.

 

9 comments:

  1. John April 12, 2010 at 10:01 a.m.

    I love the way the monkeys who edit Tribune.com post the headlines. I want some “propert” too. Propert is a good way to make money.

  2. Centurion April 12, 2010 at 10:09 a.m.

    Rex Grossman loses a lot, doesn’t he. Losing comes natural to him.

  3. RyanC April 12, 2010 at 10:23 a.m.

    How does this qualify as news?

  4. Senorswank April 12, 2010 at 10:28 a.m.

    Not breaking news nobody in Chicago cares about this guy anymore.

  5. Kevin M. April 12, 2010 at 10:28 a.m.

    Why would Wrecks Grossman spend big money on a home in 2008 after a horrid 2007 season in which he was benched?

  6. John April 12, 2010 at 10:32 a.m.

    I love the way the monkeys who edit Tribune.com post the headlines. I want some “propert” too. Propert is a good way to make money.

  7. Isaac April 12, 2010 at 10:59 a.m.

    Hey John, it wasn’t funny the first time either…

  8. Natasha April 12, 2010 at 12:06 pm

    RyanC – Let me guess…you also post comments on YouP*rn.com videos like, “Why is this entertainment?”. My point is, if you don’t enjoy Elite Street, don’t read it! You just can’t help yourself. Elite Street is *that* good. I actually find it interesting.

  9. Bears Fan 2010 April 12, 2010 at 1:16 pm

    Rex didn’t really sell it. He fumbled the snap, and when the defense got the house back for him, he threw it for an interception.