For Sale: Blagojevich Home; Judge Sets $450,000 Bond

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

  • ChicagoCitizen

    This fool should have been handcuffed and taken into custody, the moment he was found guilty. Crack dealers don’t get time to enjoy before going to prison.

  • steven

    send him to jail patty and the kids can go to a shelter

    • Mavent

      You appear to be a gigantic as$hole.

  • dan

    Poor guy-he will probably get shanked in jail just to get him to stop talking-Hey Rod if your out there-prison phone conversations are monitored so watch what you say-no phone sex through the glass with Patti

  • Mike Leahy

    Why has this jerk not been sentenced and incarserated for the crime the first jury convicted him on?

  • Taxpayer 2

    Rod, hang in there. Be strong and of courage. You are reaping what you have sown. Just maybe they will get the rest of them including Ice Mike and your father-in-law.

    Come to Jesus will be a big plus! God bless.

  • lyndia

    Leave the man alone.

  • Toonces

    If you aspire to be a crooked Chicago Dem, consider moving to Ravenswood. From there you can move up to Hyde Park.

  • Justice

    It’s over for him. Once he’s in jail, his wife will eventually leave him and both of his daughters will end up dancing on a brass pole.

  • Rod Is So Vain He Is So Handsome

    No Rod, you cant take your mirrors with you.

  • Keri Horn

    It never ceases to amaze me how people of means are willing to risk their social status, financies and family values all for a moment of sheer greed. As an elected official, governor no doubt, Mr. Blagojevich was given an opportunity to do for his family what most of us average income earners can only dream of – to have a life filled with material, financial and professional wealth.

    I guess the wealth offered to the former governor was not enough to sustain him as an individual or as a family man. May he find the social status…the wealth…the peace he is seeking in his new life…may his family be there to share in that experience….however long it takes to straighten out the lives he has permanently altered.

  • John Schwendler

    If Roman Polanski can rape a 13 year old over 40 years ago and move to France to escape prosecution and responsibility, why can’t Rod and all other accused criminals do the same thing?

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