Real estate news

Baird & Warner’s Roberta Miller describes the property at 2717 Ridge Road in Highland Park as “a serene totally private oasis on 4.82 acres with unexpected bonus of being totally convenient to main roads but secluded at the same time.” Among the many highlights are double-paned windows; doors with phantom screens that slide away when not in use; a private second-floor suite with elevators and staircase access; an intercom and full sound system; a 2.5-car heated garage; courtyard (above); and a backup generator, five air conditioning units, humidifiers and two hot water heaters.

The asking price is $3.3 million. Contact Miller at 847-275-2725.

Real estate news:

—Hyatt in Hyde Park: A Hyatt Place hotel in slated to open in Hyde Park in 2013. Two out-of-state firms plan to build a Hyatt Place with about 130 rooms at the University of Chicago-owned Harper Court shopping center; it’s part of a redevelopment plan for the property at Harper Avenue just north of 53rd Street.

—R. Kelly foreclosure: Grammy Award-winning R&B artist R. Kelly is facing a $2.9-million foreclosure suit on his Olympia Fields mansion, according to ChicagoRealEstateDaily.com. The singer-songwriter, whose full name is Robert S. Kelly, has failed to make monthly mortgage payments since June 2010 on the property on Maros Lane, according to a complaint filed by J.P. Morgan Chase Bank N.A. in Cook County Circuit Court. The 11,140-square-foot home was built 11 years ago.

—Blagojevich house on market: The Ravenswood Manor home of former Gov. Rod Blagojevich is up for sale, according to the Chicago Tribune. The Cook County Assessor lists the home’s 2010 market value as $660,000. Blagojevich’s attorney, Sheldon Sorosky, told U.S. District Judge James Zagel during a recent court hearing that the couple had about $300,000 in equity on the home and another $300,000 in equity on a Washington, D.C., condo Blagojevich has owned since being a congressman.