Scherer paid $950,000 for the property in June 2005. The 4,496-square-foot house was built in 1979 in the West Glenview neighborhood. Nick Patterson of Kale Realty is the listing agent for the home.
Mr. Scherer serves as the chief information officer at ConferenceCall.com, a provider of conference calls for businesses of all types. He founded the company in 1993. Before that, he worked in programming for IBM, Avery and Marsh McLennan.
He graduated from DeVry University with a B.S. in computer information systems.
There were 436 home sales in Glenview in 2008, with a median sales price of $423,000.
Address: 1606 Forest Drive
Buyer(s): James G Scherer (Trust), James G Scherer (Trustee) and Scherer G James (Trust)
Seller(s): Park Place Tower, LLC
Sale date: Jun. 10, 2005