Luxury Real Estate

Former Chicago Bulls head coach Fred Hoiberg sells Illinois home for $3.55M

A six-bedroom French country-style mansion in Burr Ridge sold for $3.55M.

Former Chicago Bulls head coach Fred Hoiberg and his wife, Carol, on Tuesday took a loss on their six-bedroom French country-style mansion in Burr Ridge, selling it for $3.55 million.

Hoiberg, 46, played for the Bulls from 1999 until 2003 and then after retiring was a standout head men’s basketball coach at Iowa State University, which is in Hoiberg’s native Ames, Iowa. He left the university to become the Bulls’ head coach in 2015. After two mediocre seasons, Hoiberg led the team to a disastrous 27-55 campaign in 2017-18. The Bulls fired him in December after a 5-19 start to last season.


Now, Hoiberg has returned to Midwestern university coaching, as the new head coach of the University of Nebraska’s men’s basketball team.

In Burr Ridge, Hoiberg and his wife paid $3.895 million in late 2015 for their mansion on 60th Street, which at that time had been newly built. Located at the far north end of Burr Ridge, the three-story mansion has seven baths, four fireplaces, heated floors, a library, a four-car garage and a lower level with a rec room, a game room, a glass-enclosed, temperature-controlled wine cellar and a pub-style bar.


Outside on the 1.21-acre property are a pool and spa, along with a pool house and stone patios. “It’s an absolutely stunning home,” listing agent Dawn McKenna told Elite Street.

The Hoibergs first listed the mansion in April for $3.995 million. They went under contract in May.

Public records do not yet identify the buyers.

Join our Chicago Dream Homes Facebook group for more luxury listings and real estate news.