Take A Look Inside Michael Jordan’s House in Chicago and here’s why it has been on the market for ten years. |
Former NBA superstar Michael Jordan’s home in suburban Chicagoland is for sale, and the photos are incredible. The sprawling 56,000-square-foot, 7-acre property was originally listed at $29 мιllιon and has been on the market for more than six years. The price has been slashed several times over that period, and it’s now listed at just shy of $14.9 мιllιon.
Located in Highland Park, Illinois, about 25 miles north of downtown Chicago, the compound has 18 rooms, including nine bedrooms. It was originally built in 1995 and underwent an extensive rehabilitation in 2009, according to the listing.
For one thing, as realtor Gary Lucido pointed out in a post for Chicago Now, the ꜱᴜper-sized compound is quite the outlier in its area. In the last 11 years, the most expensive home that sold in Highland Park was a comparatively small 11,000-square-foot home that went for $5.1 мιllιon in 2011. That home was also situated directly on Lake Michigan, one perk that Jordan’s property lacks. The fact that Jordan’s home doesn’t have a lot of comparable competitors in the area makes it harder to determine its true value to a potential buyer.