TonyRezko

Tony Rezko's Former Home Back on the Market

Filed under: Estates

The former mansion of Antoin "Tony" Rezko has had nearly as rough a few years as its former owner but now it's back on the market again. Rezko gained national infamy as a political fundraiser for former Illinois Governor Rod Blagojevich and was brought up on fraud, money laundering and abetting bribery charges.. Rezko lost the vintage home in Wilmette last year in a $5.9 million foreclosure. Last summer Bank of America attempted to sell the home at auction but no one went above the bank's $2.8 million opening bid and so it was sold back to the bank.

The 8,500 square foot home was used for political gatherings and was the location of a 2003 fundraiser for the Senate campaign of Barack Obama. Prudential Starck Realtors has the home listed at $3,587,900. The listing says that the seven-bedroom home will need cosmetic repairs and is being sold as is. The pictures do reveal a large home with great bones that could use a little gentle restorative love. But I wonder if it didn't sell for $2.8 million last year why anyone might pay more than that for it now.

Gallery: Tony Rezko's Wilmette Home

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Tony Rezko's House Sold Back To The Bank

by Deidre Woollard (RSS feed) —

Filed under: Estates, Crimes and Misdemeanors

The Wilmette, Illinois home of former Rod Blagojevich fundraiser Antoin "Tony" Rezko hit the auction block this week. Bank of America attempted to sell the home on Monday. The multimillion-dollar mansion belonged to the bank after a $5.9 million foreclosure judgment against Rezko in May. Unfortunately, the bank will be saddled with the house a while longer. No one went above the bank's $2.8 million opening bid and so it was sold back to the bank. The former owner remains in custody and is awaiting sentencing on fraud, money laundering and abetting bribery charges. The fancy 8,500 square foot home was used for political gatherings and was the location of a 2003 fundraiser for the Senate campaign of Barack Obama. The bank may soon put the house up for sale.

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Tags: illinois, rod blagojevich, RodBlagojevich, tony rezko, TonyRezko