Michael Jordan's Chicago Mansion Asking Price Reduced by $13,000,000

Michael Jordan's Chicago Mansion Asking Price Reduced by $13,000,000

Description:


Michael Jordan's home has been on the market for a while now and Michael's ex-wife really wants to sell it. This incredible estate started at $29,000,000 and didn't sell, then it went up for auction via a "retail" style real estate auction in November 2013. Now the price has been reduced to $16,000,000 and that could be considered a bargain to the right buyer.

If you really want to be like Mike, drinking Gatorade isn’t enough. You need to buy his home!

Michael Jordan’s Chicago mansion has everything a rich person could want. This place is more than a mansion, this is a compound.

The basketball star lived in the home for nearly 20 years. In an email, he said he is selling the home because “my kids are grown now and I don’t need a large house in Chicago.” The owner of basketball team the Charlotte Bobcats, Mr. Jordan said he splits his time between the team’s base in North Carolina and a new home he built in Jupiter, Fla. “It was time for some warmer weather down at my new home in Florida,” added Mr. Jordan, who said he also has a vacation home in Utah.

The 7.39-acre property is in Highland Park, a suburb 30 minutes north of Chicago. The contemporary-style home has nine bedrooms and 19 bathrooms. According to the auction company, it also has a three-bedroom guest wing, an outdoor tennis court, pool pavilion and entertaining area, a deep water pond, putting green and three climate-controlled multicar garages.

What, no shark tank?

Of course, there also is a basketball court.

An indoor regulation-sized basketball court, high-end amenities, and security gates emblazoned with the famous number 23 — this sprawling Chicago estate can only belong to one person.

Michael Jordan’s Chicago-area home has officially hit the Highland Park real estate market with a price tag befitting the NBA MVP: SEE BELOW FOR PRICE INFORMATION.

Five years after Jordan’s pricy divorce from his wife of 17 years, Juanita, the longtime home is for sale. Although the home has more than just a few traces of the Hall of Famer, Juanita is the one who reportedly owns the property, winning it in their $168 million divorce settlement.

The custom home sprawls over eight acres in the high-end Chicago suburb of Highland Park. The property is situated about 30 miles outside of Chicago.

The Jordans’ home has 56,000 square feet of living space, which includes nine bedrooms, 15 bathrooms and five fireplaces. The property also includes a guesthouse, pool area, outdoor tennis court and three garages.

Although Michael designed the custom home in 1995, he has moved on. When construction finished on Michael’s Highland Park home in 1995, the basketball player was at the top of his game. Returning from an early retirement, Michael was one of the most popular figures in basketball and the face of several ad campaigns and products. His sports accolades include two Olympic Gold medals, five-time NBA MVP, 10 NBA scoring titles and he led his teams to an NBA championship six times.

Michael also currently owns the Charlotte Bobcats.


The Highland Park listing is held by Katherine Chez-Malkin of Baird & Warner Real Estate.

Members profile:


Advertised by: Star Properties (click here to see full profile)
Average score 10 after 2 votesAverage score 10 after 2 votesAverage score 10 after 2 votesAverage score 10 after 2 votesAverage score 10 after 2 votes Grade Star Properties
Email: Email Advertiser

Ad Details


Garage Spaces (put 0 if this does not apply) 15.00
Property is For Sale
Price $16,000,000 USD
Price Information: Contact Stars@RareRealty.net or call us at 310-736-1236 .. you must be a highly qualified buyer who will provide proof of your financial ability and qualifications to purchase this home before we can arrange a tour of the property for you. Please, the sellers and Rare Realty take these requirements very seriously, so we expect you to honor this request.
Which Celebrity? Michael Jordan
Celebrity Owned: Yes
Garage Description The place has 3 separate garages for a total of 15 cars. The garages are heated. This is luxury garage space that you can truly enjoy and park your most expensive collector cars and exotic cars and toys.
Garage A/C & Heat System Heated
Garage Buildings Both Attached and Detached
Gated Driveway Yes, Electric Gate, Remote Control, Security Service for Gate
Workshop Yes
Motor Court Yes
RV Parking Outside, Yes
Garages Disposition: No, Garage does not have it's own Deed
Other Features Room for Car Lifts, High Ceilings, Extended Length Garage, Side Vehicle Entry, Electric Door Openers, Long Driveway, Separate Storage Areas, Recessed Lighting

...and then there is the House


Bedrooms 9
Bathrooms 15
House Sq. Ft. 32,683
Lot/Parcel Size 365,468 s.f.
Jacuzzi Hot Tub Yes
Swimming Pool Yes
Tennis Court Yes
Basketball Court Yes
Lot/Parcel Type Suburban Neighborhood, Zoned Residential, Buildings and Land, Fee Simple, Acreage

For Sale at Auction


Auction Sale? No

Unique Sale Issues


Type of Sale Real Estate Agency Sale

Location


Address 2700 Point Dr.
City Highland Park
State IL
Postal Code 60035
Country USA

Call Me!


Phone 310-736-1236
Cell Phone Star Celebrity Division of Rare Realty will represent you.
Fax Contact Stars@RareRealty.net or call us at 310-736-1236 .. you must be a highly qualified buyer who will provide proof of your financial ability and qualifications to purchase this home before we can arrange a tour of the property for you. Please, the sellers and Rare Realty take these requirements very seriously, so we expect you to honor this request.
Ad id: 33802544
Ad views:4970
Current rating Average score 10 after 1 votesAverage score 10 after 1 votesAverage score 10 after 1 votesAverage score 10 after 1 votesAverage score 10 after 1 votes Grade

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