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R. Kelly's Former Olympia Fields Estate Sold For $1.6 Million With Broker Alex Wolking

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SOLD
$1,600,000

Illinois

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Single Family21,000 SF
Sold 10/08/2025
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Property Image
SOLD

R. Kelly's Former Olympia Fields Estate Sold For $1.6 Million With Broker Alex Wolking

1 Maros Lane

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Single Family21,000 SF
Sold 10/08/2025
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Summary

ILLINOIS
Asset Type:Single Family
Price Per Square Foot:$76
Total Square Footage:21,000 SF
Transaction Type:Sale

The property is a single-family estate located at 1 Maros Lane in Olympia Fields. It encompasses a total of 21,000 square feet and has a sale price of $1,600,000, which is approximately $76 per square foot. This estate was formerly owned by R. Kelly and was sold for significantly less than its original asking price of $3.5 million.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $1,600,000
  • Address: 1 Maros Lane
  • Market: Olympia Fields
  • Square Footage: 21,000
  • Price Per Square Foot: $76
  • Broker: Alex Wolking - Keller Williams ONEChicago

Alex Wolking represented the seller in this transaction, highlighting the current trends in the luxury real estate market, particularly in the Chicago area, where there has been a steep downturn affecting property values.

Players

Alex Wolking
Keller Williams Realty
Alex Wolking
12 deals$23M volume(312) 343-1039
BROKER
Keller Williams Realty
Keller Williams Realty
BROKERAGE

Details

SOLD
IMAGE: Alex Wolking DATE: 10/08/2025 ADDRESS: 1 Maros Lane MARKET: Olympia Fields ASSET TYPE: Single Family BROKER: Alex Wolking (@AlexWolking) - Keller Williams ONEChicago (@KWOneChicago) SALE PRICE: $1,600,000 SF: 21,000 ~ PPSF: $76 NOTE: The 21,000-square-foot estate formerly owned by R. Kelly sold for $1.6 million, less than half its $3.5 million asking price. The heavily discounted sale underscores the steep downturn in luxury real estate in the Chicago area.

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