SOLD: Cutler & Cavallari take a loss
Jay Cutler has another loss to his name. The former Chicago Bears quarterback said goodbye to his Lake Forest home on Friday — selling for $3.6 million. The home was purchased by Cutler in 2014 for $4.25 million.
The quarterback was released by the Bears in March after eight seasons with the team and now plays with the Miami Dolphins. Cavallari is a reality TV star turned fashion designer, and mother of three, with Cutler.
Cutler and Cavallari initially listed the seven-bedroom home in May at $4.75 million, then reduced their asking price to just below $4.5 million in September. They cut their asking price further to $3.99 million in late October, according to Chicago Tribune.
Located at 561 Circle Lane in Lake Forest, their former Chicago home is nearly 11,000 square feet located on 1.6 acres of land near Lake Michigan. Over the years, Cavallari took to Instagram to share photos inside their home…
See inside the former home of Cutler and Cavallari…
What do you think Cutler’s home is really worth? We chime in here.