Former Chicago Bears running back Cedric Benson last month sold his four-bedroom, 4,303-square-foot house in Libertyville for $760,000, an amount that was more than 25 percent less than he paid for the property in 2005.
Benson, 33, played for several NFL teams after the Bears released him in 2008 but hasn't played since he was placed on injured reserve in 2012.
In 2005, Benson paid $1.02 million for the house. He first listed it in 2008 for $1.135 million and finding no takers, cut his asking price several times in 2009 before pulling it from the market in June 2010. He relisted it exactly five years later in June 2015 for $895,000 and cut his price a month later to $844,000 and then again to $825,000 in January.
Built in 1997, the house has 3-1/2 baths and has been updated in recent years with new carpeting and paint, and refinished hardwood floors. The house has a two-story family room with a fireplace, gabled ceilings, moldings, a master suite with a customized walk-in closet, a vaulted ceiling and a private balcony, formal living and dining rooms, a full basement with a fireplace and a workout room, and a kitchen with custom cabinetry, a large island, granite countertops, stainless steel appliances and a glass-tile backsplash.
Outside on the 1.5-acre property are a fenced dog run and a barn, and listing agent LuAnne Hollingshead told Elite Street that the large yard helped to make the property unique.
"It's a lot of land, with a lot of trees, so it was just a matter of trying to find the right buyers," she said. "It was just a very unique property."
Bob Goldsborough is a freelance reporter.