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.<\/p>\n
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\u2014symbolically tied to his famous jersey number 23.<\/p>\n
“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.<\/p>\n
The agent behind the sale has not commented on the transaction, leaving the buyer’s intentions for the home\u2014and whether the famous “23” gate will remain\u2014a mystery.<\/p>\n
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.<\/p>\n
* What was the original asking price for Michael Jordan’s Highland Park mansion?
\n\t+ $29 million
\n* What was the final sale price of the mansion?
\n\t+ $9.5 million
\n* How long was the mansion on the market before it sold?
\n\t+ 12 years
\n* What features does the mansion have?
\n\t+ 56,000 square feet, full-size basketball court, putting green, cigar room, and workout space
\n* Who is the buyer of the mansion?
\n\t+ Identity remains undisclosed<\/p>\n","protected":false},"excerpt":{"rendered":"
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 […]<\/p>\n","protected":false},"author":2,"featured_media":8316,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"footnotes":""},"categories":[17],"tags":[],"class_list":{"0":"post-8315","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/chicagodefender.com\/wp-content\/uploads\/sites\/4\/2024\/12\/WP-DISPLAY-Dec.-2024-3.jpg?w=1200&resize=1200,675&ssl=1","_links":{"self":[{"href":"https:\/\/citystuff.com\/chicago\/wp-json\/wp\/v2\/posts\/8315"}],"collection":[{"href":"https:\/\/citystuff.com\/chicago\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/citystuff.com\/chicago\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/citystuff.com\/chicago\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/citystuff.com\/chicago\/wp-json\/wp\/v2\/comments?post=8315"}],"version-history":[{"count":1,"href":"https:\/\/citystuff.com\/chicago\/wp-json\/wp\/v2\/posts\/8315\/revisions"}],"predecessor-version":[{"id":8317,"href":"https:\/\/citystuff.com\/chicago\/wp-json\/wp\/v2\/posts\/8315\/revisions\/8317"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/citystuff.com\/chicago\/wp-json\/wp\/v2\/media\/8316"}],"wp:attachment":[{"href":"https:\/\/citystuff.com\/chicago\/wp-json\/wp\/v2\/media?parent=8315"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/citystuff.com\/chicago\/wp-json\/wp\/v2\/categories?post=8315"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/citystuff.com\/chicago\/wp-json\/wp\/v2\/tags?post=8315"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}