R. Kelly’s Chicago mansion was sold off in a foreclosure for $950K, reports The YBF.
R. Kelly’s Olympia Fields mansion (outside of Chicago, IL), which had been facing foreclosure for a few years, was sold to J.P. Morgan Chase (who already held the mortgage) for $950K. Once a judge approves the deal, the bank will be allowed to put the home back on the market.
As far as we know, R. Kelly isn’t strapped for cash. He has publishing credits, writing credits, hit albums and sold-out tours for eons. Maybe he just got sick of the place and let it go.