Why Is Michael Jordan’s $14.9M Chicago-Area Estate Still Unsold 12 Years After Being Listed?

When Michael Jordan put his home up for sale in 2012, he was hoping that someone would take it off the market for a whopping $29 million. Fast-forward 12 years, and the Highland Park, Illinois, property still awaits a new owner, now being offered at an asking price nearly half of the initial ambitious valuation envisioned by the NBA legend and his real estate agents.

The actual ask in 2024 is $14,855,000. Interestingly, the sum of each digit in this price mirrors Michael Jordan’s retired playing number, 23.

Jordan’s Massive Estate

The mansion’s listing on Zillow says the property was built in 1995 and was only lived in for 17 years before it went on the market — almost just as long as the retired Chicago Bulls legend has been trying to sell it.

“[The] seven-acre estate is as legendary as His Airness himself. The 56,000-square-foot property-equipped with every conceivable luxury amenity-is a physical monument to his tireless dedication and hard work,” the listing states, before listing details about the beautiful home, “The custom designed property includes a regulation-sized basketball gymnasium, circular infinity pool, putting green, tennis court, and cigar room, each with Jordan’s signature touch.”

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