Iovescu paid $400,000 for the property in July 2006. The 3,060-square-foot home was built in 2007 in the Old Irving Park neighborhood. Cornelia Matache of Century 21 McMullen is the agent for the listing.
Iovescu is president at Artistic Architectural Ornaments Inc., a Chicago-based manufacturer, supplier and installer of plaster moldings and construction decorative elements.
There were 185 sales in Irving Park in 2008, with a median price of $290,000.
Address: 4348 North Tripp Avenue
Buyer(s): Viorel Iovescu
Seller(s): Kathleen E Hannigan, Kathleen E Scanlan and Patrick W Schanlan
Sale date: Jul. 25, 2006