Michael Jordan, the living legend, is known to have the Midas touch. How else would you explain his jerseys flying off the auction block like hotcakes or the fact that his 1998 NBA Finals ‘The Last Dance’ game-worn jersey sold for a whopping $10 million? It does make you wonder where this touch disappeared when it came to his $14.8 million Chicago mansion. The beautiful suburban home, an extension of the six-time NBA champion’s personality and taste, was listed back in 2012 for more than double at $29 million.
For over a decade, the sprawling mansion, complete with nine bedrooms, 15 bathrooms, and five fireplaces, has weathered multi-million dollar markdowns, yet remained unsold. Michael Jordan, ever the strategist, even dabbled in numerology, pricing the property at a figure whose digits sum up to 23, his iconic number that defined his legendary career with the Bulls. Finally, after 12 long years, the NBA titan can breathe a sigh of relief, as the home has found a buyer, albeit for a sum that’s just half of its original valu According to Marca, the deal is listed as “contingent,” meaning one or both parties still have to meet certain conditions to close the deal.
Nonetheless, the 56,000-square-foot mansion, bought by the 61-year-old at the peak of his career, is a treasure. From a large golden gate adorned with the iconic number 23 to an additional three-bedroom guesthouse, an expansive pool, three multi-car garages, a tennis court, and a full-size regulation basketball court with a built-in sound system and indoor gym, the property leaves nothing to the imagination.
The undisclosed new owner of the palatial property, sitting on a seven-acre lot in Highland Park, will enjoy the home that offers more than just sports and space, with the inclusion of a library and a cigar room.
Interestingly, just three years after it was first listed in 2012, Jordan slashed the price to $14.855 million, but it still took a decade to get rid of the residence, which also includes five fireplaces, a massive den, and a super-futuristic kitchen with a huge center island. In all honesty, the home is spectacular by itself, even without the name of the Chicago Bulls great attached, which certainly adds a bonus appeal.
