Blago Bungalow a Bleeping Valuable Thing

To sell or not to sell has become the question

CHICAGO --  Former Gov. Rod Blagojevich's publicist is denying reporters that the governor and his wife Patti have put their home on the market, according to published reports. 

Glenn Selig issued a statement saying, "The former governor and his wife have not put their home on the market and neither is shopping for a condo or looking to down size. Reports that suggest otherwise are simply false."

But sources close to the governor and in the real estate business report that the now unemployed chief executive is indeed looking to sell his extensively remodeled bungalow in the Ravenswood Manor area on the North Side, columnist Greg Hinz reported on

Patti Blagojevich had reportedly begun shopping for condominiums in high-rises along the North Side lakefront.

Now that the former governor's security detail has moved on, a high-rise condo with 24 security might not be a bad idea.

[Story:  Lost Sense of Security in Ravenswood]

The renovated bungalow in Chicago's Ravenswood neighborhood is just under 4,000 square feet and sports two fireplaces and two bathrooms, according to the Cook County Assessor's Web site.

Hinz reports that the house was built around 1926 and has an estimated value of $957,000.

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