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R. Kelly

Takes DEVASTATING Loss

on Mansion Auction

3/19/2013 9:28 AM PDT BY TMZ STAFF
Exclusive Details

0316-r-kellys-house

This has gotta hurt ... R. Kelly's Illinois mansion was auctioned off Monday for $950,000 -- waaaay less than the $3.5-million-mortgage the singer 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.

Kelly tried selling the crib for $1.6 million to block the foreclosure  -- but no cigar ... it sat for a year. The bank then went full bore on foreclosure ... and it sold Monday for $950k.

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 may or may not have peed on a girl.

60 COMMENTS

No Avatar
16.

WiddoMouse    

That is a lot of house for $950,000. Where in Illinois is it located?

553 days ago
17.

NOT ELMO    

He Peed on a girl but Life just Took a Dump on His Face...................lol

553 days ago
18.

taz    

That is one ugly house. Is that a pinto parked out front?

553 days ago
19.

vanity    

what i don't get is why he still had a mortgage after nearly 20 years!!! this man has been a mega success and imo is arguably the greatest song writer that's ever put pen to pad......BUY YOUR STUFF IN CASH!!!

553 days ago
20.

Vidalicious    

Actually the scene of the pee was in a condo on the south shore. I was a backup singer for a group affiliated with him and they brought me to his place once. There was a room...filled with red silk...and a bed and a video cam on a tripod...with a roll of paper towels. I ran, not walked, to my car. Creepy and gross.

553 days ago
21.

Leslie    

R. kelly didnt build this home. He bought it from a previous owner in 1997. Get your facts right.

553 days ago
22.

bfs    

dump, who is this guy?

553 days ago
23.

Toallthehatersoftheworld    

Wow that's all I can say

553 days ago
24.

Lindsay Lohan Fan Forever    

He is a disgusting vile man.

553 days ago
25.

judy jetson    

R. Kelly is an assh*le!

553 days ago
26.

Rico MJ    

R. Kelly is not thinking about this house. All the sex that went on in this House, I hope CDC got it for research.

553 days ago
27.

Rob    

Smells like R. Kelly's sheets..................Pissssssssssss

553 days ago
28.

rehabluvsme    

Karma's a b ia t ch. COuldn not have happened to a more deserving person.

553 days ago
29.

Truth    

Looks like he pissed that away

553 days ago
30.

worldclass    

Bahahaha

553 days ago
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