R. Kelly mansion in Olympia Fields for sale
December 14, 2011 12:12AM
J.P. Morgan Chase Bank has started foreclosure proceedings on R. Kelly’s Olympia Fields mansion, saying he owes more than $2.9 million. | File Photo
Updated: January 15, 2012 8:23AM
The suburban Chicago mansion of Grammy-winning singer R. Kelly is on the market.
A real estate listing shows the 22,000-square-foot mansion in Olympia Fields with a $1.595 million price tag. It’s a short sale, meaning Kelly owes more on the house than it’s worth.
Kelly custom-built the 16-room gated mansion in 1997. The house includes eight full bathrooms, four fireplaces, an indoor pool, sauna and theater room. There’s also a private lake.
Over the summer the house was the subject of a $2.9 million foreclosure lawsuit because Kelly reportedly failed to make monthly mortgage payments for more than a year.
Kelly’s spokesman, Allan Mayer, says the singer hasn’t lived in the home for more than a year.
AP
Comments Click here to view or make a comment