Michael Jordan’s Highland Park Mansion Sells for $9.5 Million After 12 Years on the Market
A Property with a Rich History
Michael Jordan’s sprawling Highland Park mansion has finally found a buyer, closing this week at $9.5 million, according to ABC 7 Chicago. It’s a far cry from the $29 million the basketball legend originally sought when he listed the property back in 2012.
A Tourist Destination
Over the years, the mansion became a tourist destination for fans visiting Highland Park, with many stopping to snap photos in front of the iconic “23” gate. The 56,000-square-foot estate, packed with luxury features like a full-size basketball court, putting green, cigar room, and workout space, initially hit the market with a jaw-dropping $29 million price tag. By 2015, Jordan adjusted the asking price to $14.855 million—symbolically tied to his famous jersey number 23.
A Challenging Sale
“He held firm at that price for nine years, all the way until the sale closed,” said Bob Goldsborough, a real estate columnist for the Chicago Tribune. The buyer, whose identity remains undisclosed, sealed the deal at $9.5 million. Despite Jordan’s legendary status, the property faced challenges. Goldsborough noted its dated 1990s aesthetic and tricky location, surrounded by other homes, railroad tracks, and a nature preserve, limiting its development potential.
The Agent’s Silence
The agent behind the sale has not commented on the transaction, leaving the buyer’s intentions for the home—and whether the famous “23” gate will remain—a mystery.
Conclusion
After 12 years on the market, Michael Jordan’s Highland Park mansion has finally sold for $9.5 million. The property’s unique features and location presented challenges, but ultimately, it found a buyer willing to pay a significant price for the iconic estate.
FAQs
* What was the original asking price for Michael Jordan’s Highland Park mansion?
+ $29 million
* What was the final sale price of the mansion?
+ $9.5 million
* How long was the mansion on the market before it sold?
+ 12 years
* What features does the mansion have?
+ 56,000 square feet, full-size basketball court, putting green, cigar room, and workout space
* Who is the buyer of the mansion?
+ Identity remains undisclosed
