For Sale: Blagojevich Home; Judge Sets $450,000 Bond
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UPDATED 07/15/11 12:40 p.m.
CHICAGO (CBS) — Rod Blagojevich is trying to sell his North Side home, attorneys revealed Friday, as a judge set bond at $450,000 for the convicted former governor.
Blagojevich put up his North Side home and a condo in Washington, D.C. as collateral. He was warned that he could lose his homes if he violates terms of the bond agreement
Defense attorney Sheldon Sorosky also revealed that the Blagojeviches are trying to sell their Ravenswood neighborhood home.
“If anybody .. is interested in buying a nice house in Ravenswood, contact the Blagojeviches,” Sorosky said.
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His appearance Friday was his first time in court since a jury convicted him of multiple corruption counts last month.
Judge James Zagel warned Blagojevich that he could lose his the properties if he tried to flee or otherwise violated his bond terms.
Prosecutors had complained that not all the documents related to the bond agreement had been turned in. They also wanted a bond of $1 million. The defense said all the proper paperwork related to the properties has been delivered.
The counts for which Blagojevich was convicted included trying to sell the U.S. Senate seat that was vacated by President Barack Obama in 2008. It was his second trial, after the first ended in a hung jury on all but one count.
Earlier this month, Blagojevich filed a motion asking to preserve the questionnaires that potential jurors filled out at the start of jury selection in April, in what is likely a move toward filing an appeal.
Blagojevich’s sentencing date has not been set, but most legal analysts say Zagel will probably sentence him to about 10 years.
Baird & Warner Realtor Philip Schwartz says the fame of its current occupant isn’t likely to inflate the Blagojevich home’s price.
“I don’t think anybody is going to buy it because it happened to be the former governor’s house,” he told CBS 2’s Mike Puccinelli. “I think they are going to buy it because it happens to be a drop-dead gorgeous bungalow.”
The Associated Press contributed to this article