Michael Jordan Finally Has a Buyer for His $14.9 Million Mega-Mansion Outside Chicago
After a little more than a dozen years and a couple of substantial price chops, former Chicago Bulls superstar Michael Jordan has officially landed a contract for a sprawling mega-mansion he owns in the Highland Park suburb of Chicago, about 2 miles west of Lake Michigan. Originally listed for $29 million back in 2012, the home has languished on the market for the past few years at a speck under $14.9 million.
What the ultimate sale price will be and other details “will depend on what happens in the next 20 to 30 days,” per Crain’s Chicago Business. The magazine added that the buyer is an end-user rather than a developer and the timing of the contract, which came less than two weeks after the long-unsold estate was featured in The Wall Street Journal, is a coincidence.
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Custom-built for Jordan and his then-wife Juanita Vanoy in the mid-1990s amid a 7.4-acre parcel the couple purchased a few years earlier for $2 million, the massive contemporary home is tucked away behind iron gates emblazoned with “23,” the jersey number he wore while playing for the Bulls. The two-level structure offers a total of nine bedrooms and 19 baths in a whopping 56,000 square feet of living space, which makes it slightly larger than the White House.
Highlights of the extremely personalized home, which was last renovated in 2009 and has sat unoccupied for years, include five fireplaces, an office space, a dining area flanked by a huge aquarium, a library with a drop-down movie screen, a cigar room with poker tables, and a fully equipped gym. There’s also a regulation-sized basketball court with MJ’s famous Air Jordan logo in the center, plus a set of doors culled from the original Playboy mansion in Chicago.
Equally impressive are the grounds, which hold a circular infinity pool with a grassy island, a putting green, and a tennis court, as well as a separate three-bedroom residence for guests or staff and an attached garage with room for up to 14 vehicles.
Jordan spent 13 seasons with the Bulls from 1984 to 1998, minus a season when he left to play minor league baseball, and led Chicago to six NBA titles. After announcing his retirement in 1998, he returned in 2001 to play two seasons with the Washington Wizards and then retired permanently in 2003. He went on to purchase a majority ownership stake in the Charlotte Bobcats, now the Hornets, before selling to a group led by Gabe Plotkin and Rick Schnall last summer for approximately $3 billion, and he currently co-owns the NASCAR team 23XI Racing with three-time Daytona 500 winner Denny Hamlin.
The Hall of Famer, who has an estimated net worth of around $3 billion, has been married to his Cuban-American model wife Yvette Prieto for 11 years and they reportedly maintain residences in Jupiter, Florida, where they recently shelled out $16.5 million for a second mansion in the Bear’s Club enclave, as well as in Utah and on the shore of North Carolina’s Lake Norman.
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