Source: Bloomberg News

Things are not so sunny on West Sunnyside Avenue in Chicago these days.

The Chicago home of former Illinois governor and convicted felon Rod Blagojevich took front ‘n center on Friday when a judge ordered him to use it and his condo in Washington, D.C. as collateral after a $450,000 bond was set.

During the court appearance, Blagojevich’s lawyers indicted the Chicago property is for sale, even though no official listing on the Chicago real estate market exists. Due to the high-profile nature of ownership, it could just exist as a pocket listing — in other words, closed to the public and only qualified, serious buyers will be allowed to see it. According to MyFoxlisting Chicago, asking price will be around $900,000,

Blagojevich was convicted in June on 17 counts of wire fraud, bribery, attempted extortion and conspiracy after he was accused of trying to sell or trade the U.S. Senate seat left vacant by President Barack Obama, plus others. Blagojevich has not been sentenced yet, but is expected to face about 10 years in prison.

Blagojevich’s home is located in the Ravenswood Manor real estate market of Chicago and has 5 bedrooms, 4 bathrooms and contains 3,817 square feet. The Zestimate® home value on Blagojevich’s home is $834,700 and, according to Zillow’s Price History chart, Blagojevich bought the home in 1999 for $505,000. Ravenswood Manor home values are presently $398,200.


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