Rod Blagojevich's Home Officially On The Market At $1.07 Million

The Ravenswood Manor home of convicted former Gov. Rod Blagojevich is now officially on the market and up for grabs -- with a $1.07 million price tag.

The five-bedroom, three-bathroom home's public listing debuted Sunday, over two months after reports emerged that the Blagojeviches had begun trying to sell it privately. It has been listed under River Realty, where Patti Blagojevich, a licensed realtor, works.

Patti told NBC 5 that the 3,800-square-foot home, estimated by the county to have a $700,000 value a few years back, represents more than a "house that we're selling."

"It's our home," Patti said. "We've lived here since 1999. It's the only home that out children have ever known. It's kind of sad, and you know, I'm more sad for our children who definitely don't want to leave."

But they likely don't have much choice. While the governor awaits a sentencing for the 17 counts of corruption he was convicted of in June, a sentencing scheduled for Thursday but postponed indefinitely as of last month, the family is expected to face some hefty fines and legal fees. They also had to list the home as collateral toward a Rod's $450,000 bond, according to NBC 5.

The home, built in 1929, is described in its listing as "one of the largest homes in the neighborhood," coming with three fireplaces, a gym, a music room and library, crown moldings and a large master suite. According to the Chicago Tribune, the Blagojeviches purchased the house for $505,000 in 1999. WBEZ's Justin Kaufmann on Monday offered up some suggestions to "spruce up" the home's somewhat dry listing, including that the home comes with "12 [untouched] volume set of ethical statutes in Illinois Government," plus a music room with "an unfinished sonnet dedicated to juror #11," among other features.

Though he faces a maximum sentence of up to 305 years in prison, Blagojevich is expected to receive a sentence of around ten years -- though some sources have suggested that a sentence as lengthy as 30 years is still possible.

WATCH and revisit Blagojevich's June conviction:

Blago Guilty Despite Media Blitz

Comments

[Naomi Freeman]

09:58 PM on 10/05/2011

Rod and Patti Blagojevich are old news nobody cares about their plight, Rod is a criminal and Patti was spared by the Prosecution because unlike Rod and Patti; the prosecution cared more about Rod’s daughters then both Rod and Patti put together and did not want to put both parents in jail where they belong. I rather read stories about the courage dedication and commitment of the FBI and Federal Prosecutor who refused to allow both Rod and Patti to continue making victims out of the Illinois Taxpayers. Boo, hoo, Boo, hoo Patti can’t afford your house anymore. I bet you and Rod miss that 230000.00 an year Rod use to earn for doing absolutely nothing! Please stop with the pity Blago pity party already! Let’s use this article space to praise the real heroes; the reporters who broke the story under threat, and the FBI who saved the Illinois Taxpayers from being perpetual victims under Rod’s administration.

[robert horwitz]

09:07 AM on 10/05/2011

Looks like a really nice home in a great neighborhood. With five bedrooms it could use at least another bathroom and a half but the price seems right. Cash on the barrel head I bet someone could pick it up for $800,000.

[greenie 61]

04:51 PM on 10/04/2011

I bet the Governor's Mansion that you refused to live in isn't looking so bad now, huh Mrs. B?

[frant52]

03:05 PM on 10/04/2011

Very interesting indeed! I wonder where they'll be moving... well, the wife and kids, I mean. I would hope that daddy blago will be enjoying an all expense paid trip to a lovely gated community soon.

[nevertofarleft]

01:30 PM on 10/04/2011

they did. See the Cook County recorder of deeds page for the Blagojevich home:
http://www.ccrd.info/CCRD/controller?commandflag=searchByProperty&optflag=SearchCommandForIL&name=&PROP_SEARCH_SELECTED=p&PIN_1=13&PIN_2=13&PIN_3=121&PIN_4=031&PIN_5=0000&SUBDIV_SHORT_NAME=&BLOCK_NUM=&LOT_NUM=&PART_OF_LOT=&DECL_OF_CONDO_NUM=&BUILDING_NO=&UNIT_NO=&NUM_ACRES=&THIRD_QTR_SECT=&SECOND_QTR_SECT=&FIRST_QTR_SECT=&PART_ONE_CODE=&PART_TWO_CODE=&ONE_HALF_CODE=&imageField=Search+%3E+%3E

[crookedcountyillinois]

12:22 PM on 10/04/2011

I would think that the U.S. Attorney's Office would move to have the state, or the federal government, have a lien against Blagojevich's house. After all, the taxpayers are out millions, for his conviction.

[J Osteen]

11:20 AM on 10/07/2011

Sorry, Beaver.

The charges against Rod concern peddling the office Barack vacated.

What the Hell are YOU talking about ?