Michael Jordan’s Chicago mansion on the market for $16 million

Michael Jordan Front Gate

Michael Jordan Mansion

Now that former NBA star Michael Jordon has a new wife and twin girls on the way, he’s trying desperately to sell his 56,000-square-foot custom home in Highland Park just 25 miles north of Chicago, but so far he hasn’t attracted any buyers.

Jordon has tried numerous times over the past year to sell his mansion, which he no longer needs, first by listing the property for $29 million in March of last year, then by dropping the price to $21 million, and finally, by holding an auction just before Christmas. Unfortunately, the auction failed to find a buyer at the minimum reserve of $13 million, according to Forbes. Now MJ has decided to put the 7-acre home on the market for $16 million. Homes in the upscale suburb of Highland Park possess a median value of $474,800, according to Zillow.

The Hall-of-Famer designed the custom estate in 1995 when he was America’s favorite basketball championship winner of the Chicago Bulls. The home includes every luxury and convenience to suit an all-star basketball player like a regulation-size basketball court with a locker room, a built-in home gym, nine bedrooms, 15 baths, a cigar room, a 14-car garage, an outdoor chipping range and putting green, tennis courts, a lily pond and a huge flagstone patio. To top of off, MJ’s number, 23, is molded into the ironwork of the front gate.

According to Forbes, Jordan’s desire to move on from the estate has been prolonged, especially now that his three children from his first marriage are in their twenties and on their own. His life now is centered in North Carolina, where he co-owns and runs the NBA franchise, the Charlotte Bobcats.

He and his new wife, Yvette Prieto, also have a custom-built home in Florida where the couple was married last year. Jordan also bought a house that year in North Carolina close to the home court of the Bobcats, according to CNN Money. However, his Highland Park property is three times bigger than his new home, and is yet to be swept up by a new buyer.
 

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