Update 4:30 p.m. Oct. 15, 2012
According to the Cook County Medical Examiner's office, Pagano's cause of death is a spinal fracture, incurred when he fell into the pit. They have classified the death as an accident.
The pit had not been used for a fire around the time of the accident, the Chicago Tribune reports.
Neal Pagano, 46, died at his Glenview home on Sunday, according to police. He died after falling into a fire pit, the Chicago Sun-Times reports.
Pagano was found by two of his children lying in their backyard, the Chicago Tribune reports.
"It's not suspicious in nature but we're not sure why he died, so it's still an open investigation," said Sgt. Jim Foley of the Glenview Police Department. Foley confirmed that Pagano was found by a juvenile.
Pagano was the co-owner of Pallet Wrapz, a packaging material company. According to business partner Rich Sklena, Pagano joined the business about 18 months ago, shortly after it was founded.
"We'll circle the wagon and move on, in his honor," Sklena said. "We're determined to succeed, it was his dream."