Former Chicago Bears CEO Ted Phillips sells 4-bedroom Libertyville home for $1.2M
Former Chicago Bears President and CEO Ted Phillips sold his four-bedroom, 3,860-square-foot house in Libertyville for his $1.19 million asking price on March 31.
Phillips, 65, retired from the Bears organization in February. He began working for the team in 1983 in the finance department, and he became the Bears’ president and CEO in 1999.
Phillips bought the house in 2008 for $900,000. Built in 2007, the home has 4½ bathrooms, a new mahogany front door, hardwood floors, 8-inch crown moldings and an updated kitchen with new quartz countertops, a work island with a prep sink and newer stainless steel Viking and JennAir appliances. Other features include a family room with a stone fireplace, a formal dining room, a library with custom built-in shelving, a finished basement with 9-foot-high ceilings and a media or game room, and a primary bedroom suite with a second stone fireplace and a walk-in closet.
Phillips placed the home for sale on Jan. 10, and it went under contract to sell just five days later. Public records do not yet identify the buyer.
Listing agent Elizabeth Bryant did not respond to a request for comment on the listing.
The house had a $24,267 property tax bill in the 2021 tax year.
Bob Goldsborough is a freelance reporter.
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