According to the Chicago Sun Times, the home was sold to JP Morgan Chase.
The 22,000 square foot home was once valued at more than $5 million and Kelly is said to still owe $2.9 million to the bank.
Now that the home has been acquired, the bank can put it on the market for sale with a judge’s approval and evict Kelly or anyone that may still be living in or using the home to store items.
Kelly built the six bedroom, eight bathroom, six half-bath home with an indoor pool and theater in 1997. SOURCE