Inside Michael Jordan’s $14.8 Million Palace That Still Remains Unsold Despite His Massive Net Worth
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SONOMA, CALIFORNIA – JUNE 06: NBA Hall of Famer Michael Jordan and co-owner of 23XI Racing waits in the #23 DoorDash Toyota pit area prior to the NASCAR Cup Series Toyota/Save Mart 350 at Sonoma Raceway on June 06, 2021 in Sonoma, California. (Photo by Maddie Meyer/Getty Images)
Over the course of time, successful athletes tend to invest in lavish real estate. This includes legendary NBA icon Michael Jordan, who remains one of the richest athletes in the world. Needless to say, he has been a proud owner of several big mansions.
That being said, Jordan and other athletes also choose to sell some properties – often those they do not use anymore. In MJ’s case, the six-time NBA champion now wants to sell his Illinois mansion.
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Surprisingly, the house has reportedly been on the market since 2012.
Why would Michael Jordan’s mansion not sell?
Sometimes, fans seem to splurge on an item customized by their favorite celebrity. Michael Jordan’s $14.8 million house in Chicago, Illinois, despite countless customizations, has been on the market for years. As per reports, the customizations (leading to an increase in price) are one of the reasons the lavish house won’t sell.
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The NBA icon has been living elsewhere for years, the property being on sale since before his second marriage. Jordan made the original purchase with Vanoy in 1991 for $2 million, gaining complete ownership after parting ways. While the 56-000-foot property was originally listed for $29 million, the price has gone down since.
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The price was dropped to $21 million, and then $16 million. Currently, it has been $14.8 million since 2015.
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LAS VEGAS – MAY 05: Hall of fame NBA player Michael Jordan looks on during the fight between Floyd Mayweather Jr. and Oscar De La Hoya during their WBC super welterweight championship fight at the MGM Grand Garden Arena May 5, 2007 in Las Vegas, Nevada. Mayweather defeated De La Hoya by split decision. (Photo by Al Bello/Getty Images)
More about Jordan’s mansion
While it is extremely customized, the 16-bedroom house does not lack any facility. The property boasts an indoor regular size basketball court and an outdoor tennis court. Additionally, it also has a fitness center, five fireplaces, massive skylights, and an amazing gourmet chef’s kitchen.
Guests can stay in a three-bedroom, complete with sufficient garage space.
A poker room, wine cellar, cigar room, infinity pool, and movie theater are some of the other amenities available in the mansion Jordan chose to build himself.
Where does Michael Jordan live now?
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