Last week, R. Kelly’s home went up for auction as part of an ongoing foreclosure proceeding, the Chicago Sun Times reports.
incontent-custom-banner ampforwp-incontent-ad1">Kelly’s lender on the property, JP Morgan Chase, offered the only bid of $950,000.
The 22,000-square-foot Olympia Fields House on Maros Lane, was built in 1997, and has six bedrooms, eight full bathrooms, six half-baths, an indoor pool and theatre and sits on 3 acres with a private lake in the Maynegaite Woods subdivision.
In March 1999, Chase gave Kelly a $3.5 million mortgage but he still owed $2.9 million on it back in 2011, according to court filings.
Read more at Chicago Sun-Times