Michael Jordan had no issues finding a suitor to buy his majority stake in the Charlotte Hornets for $3 billion. However, it seems to be the opposite of his plans to sell his mansion in Chicago. Jordan had originally placed the property up for sale a decade ago, but it remains unsold today.
The original price of the property was listed at $29 million. However, after struggling to find suitors, Jordan has cut the price to $14.9 million, nearly half its original price. According to reports, he also included a set of every pair of Air Jordans to lure potential suitors.
However, the Chicago Bulls legend is stuck with the property, which costs him more than $100,000 in taxes.
Michael Jordan's Chicago mansion is 56,000 square-foot in size, across a seven-acre compound in Highland Park, Illinois. The house has an infinity pool, a putting green and a basketball court. Jordan built it from scratch and had the interiors designed to his taste.
The entry gate has the iconic No. 23 written on it, the flags on the putting green have the Jumpman logo, and so does the basketball center court, with his kids' names written on them, and "Jordan" written on the baseline of both sides of the full-court.
The property also has a gym where the six-time champion and his former Bulls teammates used to work out, along with a tennis court. The mansion is made up of nine bedrooms and 19 bathrooms.
Michael Jordan has a die-hard fan following across the globe, and one would imagine that someone with the resources to buy the property wouldn't think twice, considering that the place has written MJ all over it.
The Jumpan logos, the '23' entry gate and other structures based on the legend's hobbies make it a coveted property.
But apparently, that's just not the case. Some reports suggest some "over improvements" and the property's location has made it a hard property to sell. Someone who hasn't ever seen the house, but knows who Michael Jordan is, will instantly figure out that it is his property.
That could be a reason behind the lack of interest from potential buyers. Buying a mansion that big, even at half the original price, is one thing, but there would be significant changes needed for the owner to make the mansion to his/her own taste.
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