Former Illinois Governor Rod Blagojevich has been forced to use his Ravenswood Manor home and his Washington D.C. condo as collateral against a $450,000 bond ordered by a judge.
Lawyers mentioned during the court appearance that the Ravenswood home is for sale, although no listing yet exists on the public market. It’s possible that the home sale will be kept private, only allowing those qualified to see it. Guesses are that the home will be listed around $900,000. Blagojevich purchased the home in 1999 for $505,000. It was built in the 1920s and has 5 bedrooms, 4 bathrooms, and is 3817 square feet.
Blagojevich was convicted in June on 17 counts of wire fraud, bribery, attempted extortion, and conspiracy after prosecutors argued he tried to sell Barack Obama’s Senate seat when he won the presidency.
More information can be found here. Please be sure to visit me online for updated news, articles, and tips!