Michael Jordan Sells Chicago Mansion After 12 Years on the Market
WRE News September 20, 2024
Buyer
WRE News September 20, 2024
Buyer
Basketball great Michael Jordan’s saint-worthy patience with the housing market has finally been rewarded – the NBA Hall of Famer finally sold his Chicago-area mansion after having it on the market for 12 years.
The Chicago Tribune reported Jordan sold the 8.4-acre estate in Highland Park, Illinois, for $14.855 million. The sale price was no accident –when added up, 1, 4, 8, 5, and 5 totals 23, which was Jordan’s uniform number when he played with the Chicago Bills.
Jordan custom-built the residence in 1995 and listed it for $29 million in 2012. The price was cut to $21 million and then to $16 million in 2013, and in the same year he unsuccessfully tried to auction it with a $13 million reserve price. It has been at its sale price since 2015.
The mansion has nine bedrooms, 15 full bathrooms, four half bathrooms, a regulation-sized basketball gymnasium, a circular infinity pool and a cigar room; the front gate to the estate has the number 23 on its bars. The home’s size is in dispute – it was listed at 56,000 square feet, although a county assessor put it at 32,683 square feet.
Jordan owns two mansions in Jupiter, Florida, as well as a pair of condominium penthouses and another mansion in North Carolina.
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