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According to the Wall Street Journal, he absolutely does:

“Mr. Blagojevich, a Democrat, earns about $177,000 a year as governor. He and his wife own a house in Chicago and a condominium unit in Washington.

They bought the condo in the Waterford complex in 1997, taking out a $155,000 mortgage, according to the District of Columbia Recorder of Deeds. In 2005, the Blagojeviches refinanced, taking out a mortgage for $233,000. Real-estate Web site Zillow.com estimates the home is worth $547,000.”

Photo by Taekwonweirdo, Flickr Creative Commons