R. Kelly’s Chicago Home Sold at Foreclosure
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.
March 19, 2013 | Filed Under Celebrity Foreclosure List, Celebrity Foreclosure News, Celebrity Foreclosures, Fallen Stars Celebrity Foreclosures, Famous Properties, Recent Celebrity Foreclosures, Rich and Famous Houses
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