Energy delivery co. grabs Lombard 5BD

Stephan Baab and Luella Baab bought a five-bedroom, four-bath home at 229 E. Cimarron Road in Lombard from Thomas J. Cater and Ann M. Cater for $500,000 on Oct. 29.

The Caters paid $396,991 for the property in June 2000. The 3,048-square-foot home in Lombard North was built in 2001. It is located in the Robinson of Lombard subdivision.

According to his public LinkedIn profile, Stephan Baab is the manager of business programs at Commonwealth Edison Company, an energy delivery company. He previously served as manager of projects and strategy at Exelon. Prior to that, he was a technical services manager for programs and sales support at ComEd.

He has a B.S. in mechanical engineering from Bradley University and an M.B.A. in finance from Loyola University of Chicago.

According to BlockShopper.com, there have been 524 home sales in Lombard during the past 12 months, with a median sales price of $180,000.

Address: 229 East Cimarron Road
Buyer(s): Luella Baab and Stephan Baab
Seller(s): Ann M Cater and Thomas J Cater
Sale date: Oct. 29, 2013

BlockShopper