The NBA legend has had the 56,000 square-foot mansion on the market since 2012
NBA. Shaquille O’Neal reveals his true feelings about Michael Jordan: I Was Terrified of Him
NBA legend Michael Jordan will not lower the cost of his mansion in Chicago because of the value of his professional basketball legacy with the Bulls, and because the billionaire simply doesn’t have to.
Jordan bought the home at Highland Park in Illinois in 1991 and built the mansion in 1994 but it has been on the for sale market since 2012, priced at a hefty $15 million, which is the bottom line for the 61-year-old.
He had initially dropped the value from $29m but even with zero takers at the new discounted price, the six-time NBA Finals champion isn’t interested in going any further according to The Wall Street Journal because of how personal the home is.
There is also the same problem of tourists regularly showing up to the home, which is almost a pilgrimage site for NBA fans, putting off prospective buyers as a nuisance but Jordan and his sale team don’t feel a need to scale down his iconography.
“We haven’t really talked about that because it’s part of the draw,” agent Katherine Malkin told the Journal of the Jordan factor. “We don’t look at that as being a hindrance.”
If you pulled up to the 56,000 square-foot property, you would be under no illusions as to who lives there with Jordan’s jersey number 23 welded into the gate and that sets the mood for the rest of the site.
The place is a shrine to the man widely considered the finest basketball player of all-time with sports flags featuring his iconic silhouette whilst a theater also captures his looks through lights as he shows off his ego.
Inside the home, there is a full-sized basketball court featuring his name and the names of his children along with a locker room, trophy room and a built-in aquarium as the man worth $3.24 billion dollars made sure to personalize the home.
Non-residential plans fall through
Plans have included converting the home into an estate of homes, to a condo complex or even to a museum and with NBA fans commuting to the home of the ex-Bulls star, but they’ve all fallen through due to parking and strict zoning laws.
Part of the reason is the secluded nature of the home, hiding away from the bright city lights of the Windy City and the bustling sound of the traffic and urban life meaning to add multiple properties or a formal tourist attraction risks damaging the rest of the home.
“Most people who are spending that kind of money in the Chicago area want to live on the lake,” Highland Park City Manager, Ghida S. Neukirch told the outlet. “He chose to not live on the lake because they wanted privacy.”
News
Is LeBron James Nearing the End of His NBA Career? King’s Farewell Will Make Thousands of Fans Regret
LeBron James, now in his 22nd NBA season, remains on a mission to achieve one last triumph with the Los Angeles Lakers. As he approaches his 40th birthday on December 30th, James shows no signs of slowing down. His consistent…
Bronny’s Priceless Reaction Steals the Spotlight as LeBron Makes History
LeBron James had an unforgettable moment when he broke the NBA record for the most career points scored by a single player. His son captured the historic 14-foot fadeaway jumper that he drilled against the Oklahoma City Thunder on Tuesday….
Anthony Davis forgets about LeBron James and makes a surprise admission about Bronny
The Los Angeles Lakers are usually one of the most fascinating teams to monitor in the NBA, owing to their history of championship-caliber success and the franchise’s penchant for attracting some of basketball’s biggest stars. But the 2024/25 Lakers are…
LeBron James Wants to Try a New Sport and Believes He Can Win
With four NBA championships, three All-Star Game MVPs, two gold medals, one NBA Cup and plenty of other accolades too long to mention, LeBron James has accomplished everything that can be done in basketball. During his Lakers offseason, LeBron decided…
Shannon Sharpe just get owned by Michael Jordan’s son After He Breaks Silence on Embarrassing NSFW Video Leak
The incident involving Shannon Sharpe shook things up on social media. It became the target of both criticism and netizens’ hilarious jests. An indirect message from the NFL legend even tried to explain the situation, claiming that he had been…
HOT: Michael Jordan Attends 2024 New York Fashion Week with Wife Yvette Prieto
Since his retirement from the NBA, Michael Jordan’s public appearances have been far and few between. So, when he shows up at high-profile events, it usually causes a stir in the NBA community. NBA fans were excited to see him…
End of content
No more pages to load