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Carolina Panthers player sells Illinois home

Carolina Panthers tight end Greg Olsen recently sold his Illinois home.

Carolina Panthers tight end Greg Olsen recently sold his Illinois home.

Former Chicago Bears tight end Greg Olsen recently sold his Long Grove, Illinois, home after the team sent him packing to the Carolina Panthers.

According to the Chicago Tribune, Olsen had been with the Bears since 2007, and the team traded him in the off-season for a draft pick. Olsen left town still in possession of the 4,314-square-foot Long Grove house, which he purchased for $1.29 million when he came to the Bears.

The house has four bedrooms, 5.5 bathrooms, a gourmet kitchen and a fully furnished English basement with a theater, the source stated.

Olsen lost a substantial amount of money on the house, placing it on the market for $995,000 after he was traded and then cutting the asking price to $949,000, the Tribune reported.

The estate was built in 2006 and was formerly a model home with a study and built-in custom lighting, according to the Tribune. Olsen's wife Kara Dooley Olsen is the listing agent for the home.

The average home price in Long Grove is $634,000, according to Zillow.com.