Michael Jordan's Illinois Mansion Under Contract After 12 Years on Market

Basketball Legend's Luxurious Estate Finally Finds a Buyer

After languishing on the market for over a decade, Michael Jordan's sprawling Illinois mansion has reportedly gone under contract, with the sale expected to close in the coming weeks.

The property, located in Highland Park, Illinois, has been on the market since 2012, initially listed for $29 million. The price was later reduced to $14.9 million in 2015, and then to $12.5 million in 2019. According to a source familiar with the deal, the final sale price is expected to be around $12 million.

The 56,000-square-foot mansion sits on 7.3 acres of land and features nine bedrooms, 15 bathrooms, a regulation-size basketball court, a tennis court, a pool, and a putting green. The home also boasts a wine cellar, a cigar room, and a home theater.

Jordan purchased the property in 1991 for $2.5 million. He and his family lived in the home for several years before moving to Florida in 1993. The mansion has been vacant since then, and has been the subject of much speculation and rumor over the years.

The sale of the mansion marks the end of an era for Jordan and his family. It is a reminder of his storied career and his enduring legacy as one of the greatest basketball players of all time.

Conclusion

The sale of Michael Jordan's Illinois mansion is a significant event in the world of real estate and sports memorabilia. It is a testament to Jordan's enduring popularity and the value of his iconic brand. The new owner of the mansion will have the opportunity to live in a piece of history and enjoy the luxurious amenities that this one-of-a-kind property has to offer.