R. Kelly’s Chicago Home Sold at Foreclosure

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R. Kelly’s Chicago home has finally sold. However, the sale was more than a $4 million loss. The property includes 11,140 sq. ft. with six full baths, seven half-baths and a four-car garage. It was valued for over $5 million. At the foreclosure auction, the new homeowner purchased it for $950,000.

According to reports, R. Kelly owed over $3 million dollars on the home.

This photo is courtesy of Allgamenab via Wikimedia Commons at en.wikipedia and it is licensed under the Creative Commons Attribution 2.0 Generic license.

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