Bulls head coach Tim Floyd has undergone his third move in the last two years, selling his house in Deerfield and buying a new house in Evanston.
The former head coach of Iowa State University’s basketball team, Floyd, 45, had the unenviable task of replacing six-time NBA championship-winning coach Phil Jackson earlier this year as the Bulls’ coach. He is beginning his second season as the Bulls’ head coach, with an eye toward improving on last season’s dismal 13-37 record.
After selling his house in Ames, Iowa, in 1998 for $350,000, Floyd and his wife, Beverly, purchased an eight-room, four-bedroom single-family Colonial in the Kings Cove neighborhood of Deerfield through a bank trust in August 1998 for $565,000. But with their only child off at college now, Floyd reportedly saw no need to continue living in the Deerfield school district. As a result, the couple listed their 35-year-old house in Deerfield, 680 Carriage Way, for $610,000 in July.
The house went under contract after one day on the market. Listing agent Barbara Kornblatt of Coldwell Banker’s Highland Park office declined any comment on the sale, and refused to provide any information about the Floyds’ new place in Evanston. However, details about that house will appear here when they become available.
Floyd said on WMVP-AM early in the week that he and his wife were planning to move into the house late last week.
Floyd could not be reached for further comment.
– A 20-room, extensively restored Winnetka mansion on Sheridan Road has recently gone on the market, checking in as one of the most expensive Chicago-area listings in history.
On the market for $11.5 million, the five-bedroom French Provincial, at 419 Sheridan Rd., was designed by architects Mayo & Mayo and built from 1928 to 1930, according to listing information.
It has six fireplaces, elaborate moldings, ornamental ceilings, imported tiles and a new gourmet kitchen. On its exterior, the mansion and an attached coach house are made of lannon stone and have a slate roof. The house’s rooms include a grand hall with Venetian crystal chandelier, garden room, library and terrace room.
Outside, the property has 150 feet of private beach, a beach equipment house, a circular chipped-bluestone driveway that extends 150 feet from the property’s wrought iron gates, topiary, antique benches and a stone balustrade overlooking Lake Michigan. Additionally, the property has an Italian hand-carved sandstone wishing well that is original to the home, according to listing information.
The recent restoration was guided by architect Marvin Herman, New York designer Michael LaRocca and owner Keith Rudman. Rudman bought the house several years ago from a bank trust for an undisclosed sum. The trust, in turn, paid $2.8 million in December 1993 to buy the house from manufacturing magnate Alex Stamatakis, now in Arizona.
Stamatakis made the news back in 1987 when, worried about an eroding bluff behind his home, he bought a barge that was destined for the scrap heap, had it towed to Winnetka and paid $15,000 to sink it about 100 feet offshore as a rather unconventional breakwater.
The barge remains submerged off the shore of the house’s beach, and real estate sources say it has been responsible for helping to keep the beach intact.
Citing Rudman’s privacy, listing agent Julie Deutsch of Coldwell Banker’s Glencoe office declined to provide any information about why he is selling. Rudman has been a U.S. Treasury bond trader at the Chicago Board of Trade and is also one of the partners that founded The Clubhouse restaurant chain.
Although it’s unusual for a mansion to be listed for more than $11 million, it has happened several times on the North Shore in the last year.
A Highland Park mansion recently was on the market for $11.5 million, while a 22-room mansion on Sheridan Road in Glencoe, which was profiled here on Jan. 24, was listed for $11 million with furnishings and $9.5 million without them.
Its price was later lowered to $8.5 million, and recently sold, although no further information about that sale is available.
Deutsch’s co-listing agent is Sharon Friedman, of Coldwell Banker’s Winnetka office.
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Have a tip about a home sale or a piece of property being put on the market that involved a well-known Chicagoan or a well-known piece of Chicago real estate? Write to Upper Bracket, c/o Chicago Tribune, Real Estate section, 435 N. Michigan Ave., Chicago, IL, 60611. E-mail: rgoldsbo@enteract.com
