Michael Jordan’s Highland Park Estate Finally Sells After Over a Decade
The 32,000-square-foot mansion, which was originally listed for $29 million in 2012, has finally found a buyer, but at a significantly lower price.
A New Chapter for the Legendary Estate
The estate, located in a northern Chicago suburb, was put under contract in September and the sale officially closed on December 10. According to listing agent Katherine Malkin of Compass Realty, the final price was $9.5 million.
A Brief History of the Property
Michael Jordan first bought the land in 1991 and moved into the home in 1994. The property has been on and off the market since 2012, with the most recent listing price being $14.8 million.
The Luxurious Features of the Estate
The 56,000-square-foot property is equipped with every conceivable luxury amenity, including a regulation-sized basketball gymnasium, circular infinity pool, putting green, tennis court, and cigar room. The custom-designed property also features nine bedrooms and 19 bathrooms.
What’s Next for Michael Jordan?
Last year, Jordan sold his luxury Chicago condo for $6.82 million. The massive home is actually three units that were combined over the 39th and 40th floors of 1100 N. Lake Shore Dr.
Conclusion
After over a decade on the market, Michael Jordan’s Highland Park estate has finally sold. While the final price was lower than the original asking price, the estate still offers unparalleled luxury and amenities. As Jordan moves on to new ventures, fans and collectors alike will miss the opportunity to own a piece of basketball history.
FAQs
Q: What was the original asking price for the estate?
A: The original asking price for the estate was $29 million.
Q: How long was the estate on the market?
A: The estate was on and off the market since 2012, with the most recent listing price being $14.8 million.
Q: What are the property taxes for the estate?
A: The property taxes for the estate are around $148,000 annually.
Q: What did Michael Jordan sell his luxury Chicago condo for?
A: Michael Jordan sold his luxury Chicago condo for $6.82 million.
