Bank Buys Rezko's Mansion
By Marcus Gilmer in News on Aug 17, 2009 7:40PM
First Filter in Wicker Park, now Tony Rezko's mansion. Where will the injustice's stop, Bank of America???
Rezko's Mansion, Image via Marathon Pundit
Okay, we're kind of kidding. But seriously, Bank of America did put in the winning (and only) bid on the convicted real estate developer Tony Rezko's Wilmette mansion. BoA held the $5.9 million mortgage that Rezko defaulted on, still owing over $5 million.
The price? $2,835,814, the minimum bid set before the auction. [Sun-Times]