Ted Lilly Drops Price of Chicago Home, Buys in L.A.

ted lillyLos Angeles Dodgers pitcher Ted Lilly decided on a price drop for his Chicago home after spending about $2.5 million in December on a new place in Sherwood Country Club, at the base of the Santa Monica Mountains in Thousand Oaks, Calif.

Lilly purchased the Wrigleyville home in 2006 for $2.15 million when he was with the Chicago Cubs, his agent told AOL Real Estate. The 5-bedroom, 5-bath corner-lot home is now listed for $1,999,900, down from $2.1 million.
"No matter who you are, a Major League Baseball player or Mr. and Mrs. Homeowner, the
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thought behind the reduction is simple," listing agent Mike Lavorato of d'Aprile Realty told AOL Real Estate. "Interest in purchasing property is moving at one of the slowest paces in history. So to help boost interest, our team advised a price reduction. This of course is a unique home in one of Chicago's most sought after neighborhoods. However in today's economic environment price is running neck and neck with location."

As we reported in November, the home, with a roof top deck, was left staged with pitcher's personal belongings. All of his items have now been moved out and the place (pictured below) is empty, the agent said. We can only assume they have all been moved into the new abode.

Lilly, a native Californian and his veterinarian wife, Natasha, own 12 different properties across the country, totaling about $20 million in value, and he paid cash for most of them. He also has a ranch in San Luis Obispo, Calif., where his wife, an adjunct professor at California Polytechnic State University's animal science department, can keep her horses.

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