Former Bulls coach endures yet another loss with sale of home
Scott Skiles, the former head coach of the Chicago Bulls, has sold his home in Highland Park. The $1,326,500 deal, which closed in September, represented a drop of nearly $100,000 from what Skiles and his wife, Kim, had paid for the house three years earlier.
Skiles, who had done a stint coaching the Phoenix Suns, took over the Bulls in 2003. In July 2005, he and his wife paid $1.425 million for this 13-room, six-bedroom residence. Built in 2000 and overlooking a ravine, the house, designed by Becker Architects, is a Nantucket-style shingled structure with broad porches. "It's a very beautiful, very well-done house, and it was in pristine condition," says Gayle Alexander, the Coldwell Banker agent who represented Skiles both when he bought the house and again when he sold it. "Every bedroom has a walk-in closet, and the kitchen is just stunning."
On Christmas Eve 2007, with the 9-16 Bulls in last place in the Central Division of the NBA's Eastern Conference, John Paxson, the team's general manager, fired Skiles. Two weeks later, on January 7, 2008, the Skileses listed the house for sale with an asking price of $1.525 million. They later cut the price to $1.495 million. Skiles, now coaching the Milwaukee Bucks, did not respond to a request for comment. The buyers are not yet identified in public records of the sale.