Giuliana Rancic and Bill Rancic Sell Mansion for Big Profit

Updated
giuliana rancic
giuliana rancic

Bill Rancic, winner of the first Apprentice TV series, and his 36-year-old E! News co-host wife, Giuliana Rancic, just sold their renovated mansion in Hinsdale, Ill., for a major profit three months after moving in, and one month after selling a five-room Chicago condo for a profit.

The Rancics, stars of the Style Channel's Giuliana and Bill reality show, purchased the unfinished 12,000-square-footer in west suburban Chicago in April for $1.56 million, as we previously reported. They spent the summer remodeling it, giving viewers glimpses during their reality show. (See video clips below.)

Although when the two were house hunting, the 39-year-old Bill said he wanted a place they could grow into and raise a family so that "we won't have to move for many, many years to come," perhaps in the end the house seemed too big and lonely given their well-publicized miscarriage after in vitro fertilization. In a December episode of their show called "Remodel Remorse," Rancic says he would not have bought the place, except he thought his wife was having twins.

The five-bedroom, seven-bath home was privately sold in February for $4.6 million by Rancic's GDP LLC company to an area executive and his wife. (See "before" pictures in our photo gallery.) That's a whopping 194 percent profit, excluding what he spent on the renovation.

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