Michael Jordan finally sold his mansion outside Chicago after 12 years — for a 67% discount. See inside.

Michael Jordan's sprawling estate in the Chicago suburbs, which has many custom-designed nods to the basketball star, has sat abandoned for years.

Michael Jordan finally sold his mansion outside Chicago after 12 years — for a 67% discount. See inside.
Michael Jordan wears a black leather jacket and wears a tense expression in March 2023 at a Charlotte Hornets game
Michael Jordan has finally offloaded his ultra-customized mansion in the Chicago suburbs.
  • Michael Jordan has sold his mansion in the Chicago suburbs after 12 years on and off the market.
  • Jordan, who hasn't lived there in years, listed it for $29 million in 2012. It sold for $9.5 million.
  • The massive home has custom nods to Jordan throughout, which might be why it took so long to sell.

Michael Jordan's mansion in the suburbs of Chicago, which has sat abandoned for years, has a new owner.

The legendary basketball star has officially sold the nine-bedroom home, which has been on the market on and off since 2012, for $9.5 million, according to property records.

Fourteen years ago, the former Chicago Bulls shooting guard listed the Highland Park, Illinois, mansion for $29 million. In 2015, he reduced the price to $14.855 million — whose digits add up to 23, the number on his Bulls jersey.

The mansion's sale price is a 67% discount from its original asking price.

Listing agent Katherine Malkin, of Compass, told The Wall Street Journal that after buying the property in 1991, he spent about $50 million building the home.

The house is full of nods to Jordan's basketball career, including the 23 on the front gate. His famous Air Jordan logo adorns the full-size indoor basketball court, and flag sticks on the putting green.

Even after various gimmicks, like offering a complete set of Air Jordans with purchase and marketing the home via videos in Mandarin to Jordan's fans in China, the house sat abandoned.

Jordan splits his time between his home state of North Carolina and Jupiter, Florida.

Below, we take a closer look at a house once considered basically unsellable. Most images are from footage taken by Concierge Auctions, which held an unsuccessful auction for the house in 2013.

The 56,000-square-foot compound sits on 7 acres.
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The front gate is emblazoned with 23, for Jordan's number.
Michael Jordan House
Jordan himself lived in the main house for 19 years.
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One outdoor amenity is an infinity pool with a grass island in the middle.
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The putting green outside the house comes complete with Jordan-branded flag sticks.
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An indoor-outdoor entertainment space perfect for watching basketball.
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Inside are multiple sitting areas and entertainment rooms. This one is the "great room."
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This sitting room has a piano.
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The centerpiece of the home is a full-size basketball court with a center ring that bears the name of his three children: Marcus, Jeffrey and Jasmine.
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The home also features a locker room, trophy room, and a full gym.
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Jordan's Chicago Bulls teammates used to work out there every morning, according to an interview shared by Concierge Auctions.
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There is also a cigar room with card tables, where we're guessing Jordan has played some high-stakes poker games.
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There's also an expansive wine cellar.
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Some other fun details: The set of doors seen below are from the original Playboy Mansion in Chicago.
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There is a large aquarium built into the wall in one of the dining areas just off the kitchen.
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The library upstairs, which features a drop-down movie screen, was said to be Jordan's favorite room.
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There are media rooms throughout the house. Even seemingly random nooks have TVs.
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Even though it is widely considered abandoned, the house was at least at points occupied by staff Jordan hired to keep it looking fresh.
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Jordan has other homes. In 2013, he spent $2.8 million on a North Carolina lake house located in a golf-course community.
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The house is in Cornelius, about a 30-minute drive from the Charlotte Hornets' arena. Jordan bought the team for $275 million in 2010 and sold it for $3 billion in 2023.
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Jordan also reportedly bought a house on a golf course in Jupiter, Florida, for $4.8 million in 2013 and spent $7.6 million on renovations. The Wall Street Journal reported in April that Jordan bought another mansion in Jupiter for $16.5 million.
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He also owns a full-floor condo in downtown Charlotte, in the same building as NFL quarterback Cam Newton. Condos there reportedly went for between $1.5 and $3.5 million.
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In 2019, Jordan listed his 10,000-square-foot home in Park City, Utah, for $7.5 million. Agents think it will likely sell faster than the Chicago compound.
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Cork Gaines, Rachel Askinasi, and Tony Manfred contributed to this post. It was last updated on December 13, 2024.

Read the original article on Business Insider