Cerrone paid $975,000 for Unit #D in Dec. 2003. It is part of the Pointe condominium development. Linda Shaughnessy of Baird & Warner is the listing agent.
Mr. Cerrone is executive vice president for human resources at Sara Lee Corp., which he joined in 2007. Previously, he worked for JPMorgan Chase's retail financial services division and was head of human resources at Bank One. He began his HR career with Maxwell House before moving to Burger King, where he worked for 14 years.
Sales at the Pointe were down 27.3 percent from 2007-08, while the median price rose 1.1 percent during that time.
There were 661 condo sales in Lincoln Park in 2008, with a median sales price of $375,000.
Address: 425 West Dickens Avenue
Buyer(s): Stephen J Cerrone (Trustee), Stephen J Cerrone (Trust) and J Cerrone Stephen (Trust)
Seller(s): Stephen J Cerrone
Sale date: Jan. 18, 2008