By Bob Goldsborough, Special to the Tribune
April 25, 2013
Former major league pitcher Braden Looper last month took a loss on his five-bedroom, 4,209-square-foot house in Palos Heights, selling it for $630,000. He and his wife, an Illinois native, bought the brick and stone house for $860,000 in 2004, at the height of his playing career.
Looper, 38, pitched for four teams from 1998 through 2009, but he never played for the Cubs or White Sox.
The house, built in 2002, has five baths, six fireplaces, a master suite with a 27-foot walk-in closet, a two-story family room, a rooftop deck, two furnaces, a study, a formal living room, a basement with a granite bar, and a kitchen with custom cabinets, an island, a breakfast bar, and a butler area with a wet bar. It also has a three-car garage and a patio. The 0.26-acre property backs up to a forest preserve.
Looper now lives in a 5,229-square-foot house in Frankfort that he purchased for $600,000 in 2011.
Looper's listing agent, Kelly Ryan of Re/Max Synergy, declined to comment on the transaction.
Former Rancic mansion sells again
The seven-bedroom, 12,000-square-foot mansion in Hinsdale that reality TV star, real estate developer and motivational speaker Bill Rancic owned from 2010 until 2011 has sold again, for almost $1 million less than its owner paid for it.
Rancic, an Orland Park native, stars with his wife, Giuliana, on the Style Network reality show "Giuliana and Bill." Rancic bought the Federal-style red brick mansion for $1.56 million in 2010, and the program depicted the couple spending considerable time renovating the mansion.
As Elite Street reported in 2011, Rancic sold the mansion in a private transaction to a business executive for $4.6 million in 2011, three months after they moved into it. Since that time, he and his wife have been living in Los Angeles.
On Monday, the executive who bought the home from Rancic sold it to an undisclosed buyer for $3.65 million — some $950,000 less than he had paid for it two years earlier. The mansion had been listed last summer for $5 million and had been reduced to $4.3 million at the time of the sale.
The mansion has seven baths, Calcutta marble, designer wall coverings, a library, a pub room, an elevator, a coffered ceiling in the family room, a wine cellar and a theater on the lower level. Outside are format gardens, a built-in barbecue, pergolas and bluestone patios.
Demetrio sells Gold Coast graystone
Chicago personal injury attorney Thomas Demetrio took a loss on his five-bedroom, 6,400-square-foot Gold Coast graystone, selling it this month for $3.1 million. The buyer is a bank trust.
Records show Demetrio paid $4.5 million for the house in 2000.
Demetrio's listing agent, Eudice Fogel of Prudential Rubloff, declined to comment on the deal.
Demetrio, who now lives in Lake Forest, first listed the vintage mansion in 2010. Most recently it had been listed for $3.6 million.
Features in the mansion include dentil moldings, wainscoting, mahogany floors, marble fireplaces, three bedrooms on the second level, a top-floor master suite with an office and terrace, an elevator and a roof deck.
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