Joseph M. Kambich sold a five-bedroom, 5.5-bath home at 7832 Joliet Dr. in Tinley Park to Karl and Kathy Franson for $615,000 on Oct. 9.

Kambich paid $530,000 for the 5,288-square-foot house in Oct. 2000. It was built in 2000 in the Andrew/West Tinley Park neighborhood.

Mr. Kambich is the president and chief executive officer of Highly Available Systems. He was previously the director of IT infrastructure at Magnetar Capital, managing director of IT infrastructure at Citadel Investment Group and vice president of systems software and IT infrastructure at the Chicago Board Options Exchange.

He graduated from the University of Southern Colorado (1977).

According to BlockShopper.com, there have been 475 home sales in Tinley Park during the past 12 months, with a median sales price of $192,000.

Address: 7832 Joliet Drive
Buyer(s): Karl E Franson and Kathy L Franson
Seller(s): Joseph M Kambich
Sale date: Oct. 9, 2009