This has gotta hurt … R. Kelly’s Illinois mansion was auctioned off Monday for $950,000 — waaaay less than the $3.5-million-mortgage that he took out to the build the place.
Kelly built the 20,000-square-foot dream home back in 1997 but things took a turn for the worse in 2011 … when his bank tried to foreclose, claiming he hadn’t made mortgage payments for over a year.
R.Kelly tried selling the crib for $1.6 million to block the foreclosure — but, didnt make that happen.. it sat for a year. The bank then went into foreclosure … and it sold Monday for $950 thousand.
The house has 6 bedrooms, 8 baths, an indoor pool, theater room and private lake.
In case you’re wondering … THIS IS NOT the home where R. kelly peed on the girl in. lol