R. Kelly's olympia fields mansion hits market for about $1.6m

Grammy-winning R&B singer R. Kelly has placed his 22,000-square-foot mansion in south suburban Olympia Fields on the market for $1.595 million.

The Chicago-born Kelly, 44, built the gated 16-room mansion in 1997. During the summer, the mansion made the news for being the subject of a $2.9 million foreclosure lawsuit, with Kelly having failed to make monthly mortgage payments for more than a year. According to reports at the time, Kelly's aim in not making payments was to prompt his lender to renegotiate his loan.

Now, Kelly, whose real name is Robert S. Kelly has listed his six- bedroom mansion in a short sale, meaning that he owes more on the property than it is worth. Features include eight full baths, six half baths, four fireplaces, an indoor pool and a theater room. Outside are private wooded land, a private lake and 12-foot wrought iron and concrete-encased fencing.

"It's a fabulous house with a lot of great features," listing agent James Mattz of Century 21 Pro-Team exclusively told Elite Street. "Whoever buys it at the price we're marketing it at is going to get an incredible value." 

Source: ChicagoTribune.com