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.

Most Popular Articles

NAR bans “pocket listings”

The National Association of Realtors board of directors voted 729-70 on Monday to ban the controversial practice of “pocket listings.”

Nov 12, 2019 By
3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please