Inside Michael Jordan’s $14 Million Chicago Mansion That Couldn’t Sell Despite His Billion Dollar Net Worth
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Regarded by many to be the greatest basketball player ever, Michael Jordan is also known for his love for luxuries. Salaries, endorsements, and business ventures have turned the man into a billionaire with a net worth of around $1.6 billion.
Jordan enjoys the luxury that comes with fame, and has invested in assets such as cars, houses, and an NBA team! His mansions and cars have all the amenities and luxury one can think of.
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How much is Michael Jordan’s mansion worth?
Jordan’s Chicago mansion is spread across massive 56,000-square feet and is valued at approximately $29 million(Source: Forbes). The house has been on sale for the last 8 years and it looks to stay that way. Jordan has tried cutting the price in half and adding a complete set of Air Jordans with the purchase of the house.
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These sweet deals have had no effect whatsoever, as he still waits for a buyer. MJ is paying $100,000 in property taxes but considering his $1.6 billion net worth, that doesn’t seem to be a problem. Jordan has estates spread across the United States and the Chicago Mansion is just one of them.
Does Michael Jordan still live in his Chicago House?
Jordan does not live in his Chicago Mansion anymore as he reportedly lives in Florida along with his family. His house is located within the Bears Club in Jupiter, Florida. The 28,000 square-foot mansion includes 11 bedrooms, a two-story guardhouse, a full-size basketball court, and a cigar-friendly media room. The house also has a state-of-the-art workout center and a basketball court.
The Highland Park mansion of Jordan located in Illinois has been on sale for a long time as well. The market rate of the estate has been chopped down to roughly half of its market value. It was reported that around $10000 was spent to plant 200 pine trees around the estate to make it more ‘Green’. The front gate of the estate bears the iconic #23, the jersey number during Jordan’s playing career.
A look inside Michael Jordan’s Chicago mansion:
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Jordan lived here for 19 years before trying to sell it off in vain. It consists of 19 bathrooms and nine bedrooms along with a basketball court and a pool. The mansion has a wine cellar along with a gym which was also used by his teammates for working out.
Sets of doors from the original Playboy Mansion and a Baghdad-themed dining table show his luxurious taste. A pond full of fish, a tennis court, and a golf course furnish the beautiful outdoors of the mansion.
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Despite having such amenities and the celebrity status of Michael Jordan, the mansion remains unsold and it remains to be seen what happens to it in the future.
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