R&B star R. Kelly bought his Chicago mansion at a time when it was valued near $5 million.

When JPMorgan bought the home at foreclosure auction for $950,000 this week, R. Kelly still owed more than $3 million on the mortgage, according to the Chicago-Sun Times

Once the transaction is approved, the 11,140-square foot home will be sold off.

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3d rendering of a row of luxury townhouses along a street

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