R. Kelly's mansion was sold this week at an auction, but that wasn't such great news for the R&B singer because it sold for a mere $950,000 as part of ongoing foreclosure proceedings.
The 22,000-square-foot Chicago home once valued for more than $5 million was sold to Monday to J.P. Morgan Chase, who was the sole bidder, according to the Chicago Sun-Times. Once a judge approves the foreclosure sale, Chase can file an eviction order and put the property back on the market.
The mansion reportedly has six full bathrooms, seven half baths, as well as a four car garage.
He paid for the property, which includes a secluded lake, tennis court and indoor pool behind a 12-foot wrought-iron gate, with a $3.5 million mortgage.
In addition to the mortgage foreclosure, the federal government has two liens on the property that total $1.87 million, according to court records. Despite an estimated $150 million net worth, the singer has had his share of money issues. He owes the government $5 million in back taxes.
Below is a video news report from 2011 about R. Kelly strategically foreclosing on his Chicago mansion, as well as footage of the R&B singer showing fans around the property:
