After 13 years, Michael Jordan finally sells his Chicago mansion for $9.5 million—what took so long?

Jordan sold the property for about a third of the original asking price

NBA Hall of Famer Michael Jordan originally listed the Chicago property for $29 million.Photo: Getty Images

Basketball legend Michael Jordan has finally sold his beleaguered Chicago mansion for $9.5 million, less than a third of his original asking price—after leaving the property to languish on the market for 13 years.

Jordan, 61, first placed the opulent nine-bedroom, 15.5-bathroom Highland Park, Ill., mansion on the market in 2012 with an asking price of $29 million. He then lowered that sum to just $16 million one year later.

Having still failed to find a buyer, the former NBA star changed the price again in 2015—this time altering his ask to $14,855,000 in a subtle nod to his historic career. How does that number relate to his on-court success?

When added, 1, 4, 8, 5, and 5 total 23, Jordan’s longtime jersey number.

But even that gimmicky move failed to lure in any real offers and for the next nine years, the property sat on the market with that same asking price. Until now.

The home was placed under a contingent offer in September, and property records now indicate that the sale has been completed, albeit for a much lower price than Jordan was asking.

It is not currently known who bought the abode—or why Jordan decided to take such a low offer, given that he had seemed content to let the property sit on the market for more than a decade.

Some might suggest that the buyer scored something of a bargain in the deal, particularly given the notoriety that the home has gained—not only because of its very famous former owner but because of the many years it spent listed.

Described in its listing as a “legendary estate,” the property boasts an array of amenities—as well as many unique nods to Jordan’s impressive career on the court.

As well as featuring a full-size basketball court (with the sporting superstar’s Air Jordan logo at its center), the mansion includes an infinity pool, a putting green, a tennis court, and a cigar room.

The front gates of the palatial home, which sits on 7 acres, bear Jordan’s longtime jersey number, 23, leaving no doubt as to the identity of the home’s previous owner.

Over the years, the dwelling has attracted a huge amount of public attention, largely because of Jordan’s refusal to lower the price for close to a decade. However, more recently, it was thrown into the center of a TikTok controversy when an “urban explorer” claimed to have broken into the home and found it in a state of disrepair and ruin.

The urban explorer, who goes by “Decaying Midwest” on TikTok, claimed to have found interiors that are far less appealing than the grandeur and luxury that one might expect from a high-profile property.

The kitchen in the video—which was never verified as having been taken inside Jordan’s home—showed a similar state of disrepair and what appear to be incomplete renovations.

The footage showed cupboard doors left on the floor, water bottles abandoned on the countertops, and pieces of wood scattered around the room.

The video also revealed some attractive features, including a stunning sauna, grand living spaces, elegant chandeliers, and a luxe home theater.

It sparked a surge of interest on TikTok, despite representatives for Jordan stating the video was not taken inside his home.

Still, it may well be that the viral response to the video helped to reignite public awareness of the home’s availability—and the property is now pending sale just one month later.

While many questioned why Jordan refused to reduce the price to attract a buyer, some suggested a very clear reason: He doesn’t need to.

Jordan, who is part owner of the Charlotte Hornets, has an estimated net worth of $3.2 billion, according to Forbes. Much of that fortune came from Jordan selling his majority stake in the Hornets for $3 billion in summer 2023.

The former basketball player also owns several homes across the U.S., including a rental property in Utah, a penthouse in Chicago, and a lakeh

Related Posts

Jesse Watters Causes Uproar with “Phony” Comments About Soccer Fans—What Did He Really Mean, and Why Are Fans Furious?

Fox News commentator Jesse Watters branded male soccer fans ‘phony’ in a bizarre rant that baffled many on social media. Watters appeared on The Five on Monday…

EXCLUSIVE: Sandra Smith’s Marriage and Career on the Brink—Can She Navigate the Pressure and Keep It All Together?

Sandra Smith, the celebrated Fox News host, has been a familiar face on television for years. Her charismatic presence on America’s Newsroom and The Five has garnered…

From a young reporter at FOX News to an icon of political journalism! How did Hillary Vaughn prove herself through each impressive step?

Hillary Vaughn: From Young Reporter to Political Journalism Icon at FOX News Hillary Vaughn, one of the prominent reporters at FOX News, has had an impressive journey…

Dana Perino’s $85 Million Net Worth REVEALED—But Her Lavish Spending Habits and Shocking Scam Allegations Are Stirring Major Controversy

Dana Perino, former White House Press Secretary and current Fox News anchor, has amassed an incredible fortune throughout her career, which has made headlines recently due to…

Breaking News: Whoopi Goldberg, Megan Rapinoe, and Taylor Swift Announce They Are Leaving the U.S. – Fans Left Stunned and Confused!

Three of America’s most influential women—Whoopi Goldberg, Megan Rapinoe, and Taylor Swift—have sparked a nationwide conversation about possibly leaving the U.S. in search of more progressive and…

Rachel Maddow’s Public Criticism of MSNBC Executives Backfires—Ratings Dive as She Blames Network Leadership for Viewership Decline

Rachel Maddow’s Criticism of MSNBC Bosses Backfires Spectacularly as Her Ratings Take a Major Hit Rachel Maddow, the prominent host of MSNBC’s flagship evening news program, has…