R. Kelly’s former Lakeview mansion gets price cut

Posted Jan. 11 at 6:31 a.m.

ELITE STREET | By Bob Goldsborough | The 11-room Lakeview mansion that Grammy-winning R&B singer R. Kelly once owned underwent a significant price cut on Monday, from $3.89
million to $3.5 million.

Built in 1885 as a church but converted in the early 1980s to a private residence with a large lofted living room overlooking an indoor lap pool, the four-bedroom, 8,000-square-foot mansion was owned by Kelly from the time he bought it for $1.107 million in 1994 until he sold it for $2.25 million in 2002.

The mansion’s current owner is a woman who purchased it out of foreclosure in 2008 for exactly $1 million. Kelly, meanwhile, now lives in a 20,000-square-foot mansion on 7 acres in Olympia Fields that he built in the late 1990s.

Features in the Lakeview mansion, which its current owner recently renovated, include 6-1/2 baths, two fireplaces, a mezzanine level with a family room, a 1,600 gallon shark tank, a 1,500-square-foot roof deck with a complete kitchen and fireplace, and a full knotty pine spa room.

The house came on the market last June for $3.89 million. It also is available for rent for $20,000 a month.

Read more about the topics in this post: , ,
 

8 comments:

  1. rod paulson Jan. 11 at 8:49 a.m.

    hope they give it a good ol’ scrubbing——would want to wash my hands after viewing the place.

  2. Bruce Jan. 11 at 11:02 a.m.

    A 1,600-gallon shark tank is a nice amenity, but is there parking?!

  3. Mark Jan. 11 at 11:50 a.m.

    The prospective buyer knowing the current owner only paid 1 mil. 2 years ago will never get even close to 3.5 mil. Seems greedy to me.

  4. windycity Jan. 11 at 12:40 pm

    Why isn’t he in prison?

  5. Chicago Joe Jan. 11 at 1:48 pm

    He is not in jail because he has money to buy the best lawyer around!

  6. nonya Jan. 11 at 2:20 pm

    @rod – there’s some article around that I read from a guy who toured the house a couple years ago (before the most recent renovation), he was told then that the floors had already been replaced.

  7. gowster Jan. 11 at 2:30 pm

    Hey, Elvis was never prosecuted for molesting 14 year old Priscilla Beaulieu and other underage girls!

  8. sexcsexc Jan. 12 at 7:42 a.m.

    some of you are so ignorant. Don’t be hates because this man is so talented and successful.