From FoxNews:

FOX News has uncovered documents that indicate Wright is about to move to a 10,340-square-foot, four-bedroom home in suburban Chicago, currently under construction in a gated community.

…

According to documents obtained from the Cook County Register of Deeds, Wright purchased two empty lots in Tinley Park, Ill., from Chicago restaurant chain owner Kenny Lewis for $345,000 in 2004.

Documents show Wright sold the property to his church, Trinity United, in December 2006, with the proceeds going to a living trust shared with his wife, Ramah.

The sale price for the land was just under $308,000, about $40,000 less than Wright’s original purchase two years earlier.

Public records of the sale show Trinity initially obtained a $10 million bank loan to purchase the property and build a new house on the land.

But further investigation with tax and real estate attorneys showed that the church had actually secured a $1.6 million mortgage for the home purchase, and attached a $10 million line of credit, for reasons unspecified in the paperwork.

Must be nice. For Obama’s sake I certainly hope Rezko isn’t connected to this deal.