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Dwyane Wade

Chicago Can Be Cold

Foreclosure Imminent!

8/19/2014 1:00 AM PDT BY TMZ STAFF
EXCLUSIVE

0818-d-wade-house-tmz-redfin-02
Dwyane Wade
reportedly makes around $30 million a year -- his estimated worth is approximately $100 mil -- which makes it pretty shocking his $1.2 million Chicago pad is in foreclosure.

According to legal docs -- obtained by TMZ Sports -- Wade stopped making payments on the $225K mortgage ... the docs don't say how much he's behind.

The house is located in South Holland, a Chicago suburb. It's massive -- 7,800 square feet, 6 bedrooms and a basketball court on 3 acres.

Dwyane and then wife Siohvaughn lived in the house with their 2 kids until he filed for divorce in 2007. The divorce was extremely bitter ... he ended up getting custody. She lives in the house alone.

Dwyane's attorney tells TMZ ... the basketball star finally reached a financial settlement with his ex-wife last year, and in addition to getting a huge payout, she got the home and assumed the mortgage payments. The attorney says Siohvaughn just stopped paying.

The lawyer adds Dwyane has no further responsibility, but it seems likely he signed the mortgage papers in the first place so, as they say, tell it to the bank.

0818-dwayne-wade-ex-homeless-INF-01
The bank sent the foreclosure notice August 11.

For more sports stories, check out tmzsports.com!
170 COMMENTS

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1.

Kartrashian Klown    

Way to ruin his credit and name. Along with reputation thanks to that picture. If she got a financial settlement why didnt she pay off the house? That bitch is lazy...get a job!

68 days ago
2.

iBetty    

Wow... Priorities people, priorities! smh

68 days ago
3.

namers    

B!tch, pay your mortgage!

68 days ago
4.

Kobe_No_Means_No    

DWade is da man, but everybody knows he's got genital herpes. Truth.

68 days ago
5.

jtw    

GET A JOB!!!!

68 days ago
6.

shakedoggy    

he's a kool guy. she's a jerk

68 days ago
7.

Bridget    

Sorry I reserve my sympathy for actual homeless people. Not whiney little brats, throwing a hissy fit, because they don't get to live in the lap of luxury without working or raising the kids.

68 days ago
8.

lastbutton6    

She has issues and she's trying to continue to live off him and hurt him any way she can

68 days ago
9.

Truth    

DUMB BITCH... SELL THE HOUSE ALREADY. #TRUTH!!

68 days ago
10.

Honeywanderin    

That picture with the mother holding the sign.....How the hell does that make you more important than any other nondrugaddict living on the streets?

68 days ago
11.

Nostradamus    

Yeah, that sign really makes me feel sorry for you.
LMAO, so pathetic!

68 days ago
12.

Nostradamus    

So it's only a 225K mortgage and she didn't pay the remaining balance when she received her "huge payout"? What an IDIOT!!!

68 days ago
13.

billson1234    

Stop hiding behind your children

68 days ago
14.

My2-cents    

Wow i bet the stupid woman stopped paying to try and get back at Wade

68 days ago
15.

Zombie Whitney Houston    

Maybe she should have used that financial settlement to move into a more sensible size home instead of just expecting him to be her blank check? Idiot. She deserves to live on the street.

68 days ago
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | Most Recent | Next 15 Comments

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