Jordan has tried to sweeten the pot by cutting the price nearly in half and throwing in a complete set of Air Jordans with the purchase of the house. And yet, it remains unsold and he pays more than $100,000 in annual property taxes.
The house was originally listed for $29 million and has every bell and whistle you can think of. Some “over-improvements” and the house’s location are making it hard to sell the property.
Michael Jordan’s Chicago mansion is currently on sale for $14,900,000, almost half the original price of $29,069,000
Michael Jordan had no issues finding a buyer for his majority stake in the Charlotte Hornets, reportedly worth $3 billion. However, that’s not the case with his mansion in Chicago.
Jordan placed the property for sale a decade ago, but it remains unsold today. The original price of the property was $29 million. However, after struggling to find suitors, Jordan has cut the price to $14.9 million, nearly half its original price. According to reports, he also included a set of every pair of Air Jordans to lure potential suitors.
However, the Chicago Bulls legend is stuck with the property, which costs him more than $100,000 in taxes.
Details of Michael Jordan’s Chicago mansion
Michael Jordan’s Chicago mansion is 56,000 square-foot in size, spanning a seven-acre compound in Highland Park, Illinois. The house has an infinity pool, a putting green and a basketball court. Jordan built it from scratch and had the interiors designed to his taste.
The entry gate has the iconic No. 23 written on it, while the flags on the putting green have the Jumpman logo. So does the basketball court, with his kids’ names written on them, and “Jordan” written on the baseline of both sides.
The property also has a gym where the six-time champion and his former Bulls teammates used to work out, along with a tennis court. The mansion is made up of nine bedrooms and 19 bathrooms.