R. Kelly's Mansion On The Market For $587,100

The sorry fate of R. Kelly's custom mansion. Back in the 1990s, when the putative King of R&B R. Kelly was still riding high on hits like "I Believe I Can Fly" and when his legal troubles mostly lay in the future, he bought himself a $1.5 million mansion in the Chicago suburb of Olympia Fields -- not to live in it, but to tear it down and build a new one.

The bizarre fate of that custom-built mansion, now badly rundown and bank-owned, in some ways holds up a cracked mirror to Kelly's own fortunes.

Once reportedly valued at more than $5 million, the home is now bank-owned -- and the price recently dropped to a staggeringly paltry $587,100.

$587,100 for a mansion?



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