Singer failed to keep up mortgage payments on luxury Chicago home
The Chicago-area mansion owned by R&B singer R Kelly has sold for just £630,000 ($950,000) in a foreclosure auction.
The Chicago Sun Times reports that the 11,140-square-foot Olympia Fields Olympia Fields property went up for auction on Monday (March 18). Kelly’s lender on the property, JP Morgan Chase, offered the sole bid, meaning the hammer fell at just $950,000. TMZ reports that Kelly had previously put his home on sale for £1.05m ($1.6m).
Kelly built the home in 1997 at a reported cost of £2.6m ($3.5m). The house has six bedrooms, eight bathrooms, an indoor pool, a theatre room and private lake. In 2011, his bank tried to foreclose claiming Kelly hadn’t met mortgage payments for over a year. The singer reportedly owed the bank around £2m ($3m). Kelly’s business manager did not return a call for comment from The Sun Times, but his one-time spokesman and close associate Allan Mayer says Kelly is not suffering from financial problems.
Meanwhile, the deadline approaches for a US online petition asking the White House to adopt R Kelly’s classic single ‘Ignition (Remix)’ as the nation’s new national anthem.
As the Huffington Post reports, fans have filed the petition on the administration’s website and already have 2,000 signatures from people who are eager to see R Kelly’s party anthem replace ‘The Star-Spangled Banner’. They will need 100,000 signatures by April 2 for the White House to respond to the request.
“We, the undersigned, would like the Obama administration to recognise the need for a new national anthem,” says the form. “One that even a decade after its creation, is still hot and fresh out of the kitchen.”