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Bidders Vie for Glencoe Home of Former Rezko Partner

In March 2010, Daniel Mahru, the former business partner of the now-jailed influence peddler Tony Rezko, lost his Glencoe house to foreclosure. A year later, on March 21, 2011, Heritage Luxury Builders, a North Shore homebuilding company, bought the property from PNC Mortgage. It paid 7.5 percent more than the bank was asking—but only 55 percent of what Mahru and his wife, Ruth, had paid for the home when it was newly built in 1999.

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