Chicago Bulls Executive Vice President of Basketball Operations John Paxson and his wife, Carolyn, on Dec. 10 listed their five-bedroom, 5,199-square-foot house in Lake Bluff for $1,079,900.
A popular Bulls guard who made a memorable three-point shot in 1993's NBA Finals to cement the Bulls' first "three-peat" world championship, Paxson, 58, has been in the Bulls' front office since 2003 and has had his current role since 2009. Paxson now overseas a struggling Bulls franchise that has been plagued by injuries, and he acknowledged in his annual Christmas Day address on WSCR-AM that the team's current rebuilding effort "is going to take time."
Julie Deutsch of Coldwell Banker, who is the Paxsons' listing agent, told Elite Street that the couple is selling the house because their children are out of the house now and they are "scaling down." The couple has bought another home.
Built in 1990, the house sits on a 1.07-acre property and has five baths, a lower level with an office and an exercise room, a den, a white marble master bath with two sinks, heated floors and a walk-in steam shower, and a kitchen with a 14-foot island with a prep sink and breakfast bar, a 48-inch Wolf range, a warming drawer, a Sub-Zero refrigerator and freezer drawers and two pantry closets. The house also has a two-car attached garage, a two-level deck, and a heated driveway.
"It's a cool house. It's really nice, and the location is fabulous... It's the minute you get into Lake Bluff," Deutsch said. "And they've done some nice things to it. It's very comfortable, and it's on a pretty piece of property that backs up to the woods."
Records show that the Paxsons paid $650,000 in 1991 for the house.
Source: Chicago Tribune - Elite Street
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