Four Years Later, Still No Buyer For Lilly’s Pad

Turns out that us common folk aren’t the only ones who occasionally have trouble unloading a home!

Erstwhile Chicago Cubs pitcher Ted Lilly has been having a rough go of it trying to sell his Wrigleyville, Chicago home. The house was just relisted, following four straight years of Lilly trying to get rid of it.

Ex-Cub pitcher Lilly can’t seem to unload this brick beauty.

The Lake View nest is certainly a pretty enough home. With six bedrooms, six bathrooms, and 5,400 square feet of living space, one definitely has room to roam. The all-brick exterior is handsome, and the corner lot allows plenty of sunlight to spill in. A dramatic main entrance gives way to an interior long on high-end finishes: coffered ceilings, beautiful millwork, and all the little luxuries. Extras include a wine cellar, sauna, heated garage, and large rec room. Like I said, it looks good. The problem, it seems, may be the price tag.

Sunny and airy, there’s certainly nothing wrong with the home’s interior.

Lilly bought the home for $2.15 million back in 2007, when he started playing for the Cubs. After three years in Chicago, Lilly was traded to the Los Angeles Dodgers in 2010 and listed his dwelling for $2.4 million. There were no bites. Over the next year, several gradual price cuts took the price down to $1.85 million. With no hits at that price, Lilly took the home off the market in July 2011. It only went back up on the market last week. Interestingly, the price now just about matches the (pre-recession) price that Lilly shelled out for it back in ’07.

Just goes to show that the rules of real estate don’t bend for the rich and famous: the market doesn’t care what you paid for a home / it’s only worth what someone’s willing to pay for it. Best of luck to Lilly on this go-round.