How can I change the icon of a Console App in Visual Studio?

I am working on C# Console App in VS 2008 and am unable to change the icon file.

I changed the icon file in project-->properties-->application tab but still the old icon is displaying with the new build.

Checked the below answer from a post to modify the .resx file. But my app has got only one .cs file and the .resx file is empty.