0
0
0

Rapper Common’s Chicago Condo Facing Foreclosure

by Chicago Agent

Chicago rapper Common, seen here on the set of AMC's "Hell on Wheels," is facing foreclosure on his condo.

By Stephanie Sims

Did AMC’s Hell on Wheels not get picked up for another season? Because one of its stars, and successful rapper, Common, is facing foreclosure on his Chicago condo.

Several reports, including one from Crain’s, say that the Chicago native was sued by Bank of America N.A. over his South Loop condo. Bank of America is seeking to collect $345,389 from Common, whose legal name is Lonnie R. Lynn.

County records show Common and his manager Derek Dudley paid $402,000 in 2008 for the condo at 1400 Museum Park, 100 E. 14th St. The buyers first were financed with a $361,511 mortgage issued by Mortgage Electronic Registration Systems Inc., which transferred the loan to Bank of America in April.

A Bank of America spokesman and representative for Common’s agency, Atlanta-based Mauldin Brand Agency, did not return messages seeking comment.

Read More Related to This Post

Join the conversation

New Subscribe

  • This field is for validation purposes and should be left unchanged.