Rex Grossman sells last of Chicago-area property
Published on April 12, 2010 8:38 AM
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.