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The Wall Street Publication > Blog > Real Estate > NBA legend Michael Jordan’s $14.9 million Chicago property has a possible purchaser
Real Estate

NBA legend Michael Jordan’s $14.9 million Chicago property has a possible purchaser

Editorial Board Published September 19, 2024
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NBA legend Michael Jordan’s .9 million Chicago property has a possible purchaser
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Michael Jordan’s almost $14.9 million property in one in every of Chicago’s suburbs has a possible purchaser.

The NBA legend’s sprawling Highland Park mansion obtained a purchase order provide and, as of earlier this week has gone beneath contract, in accordance with the Chicago Solar-Occasions and The Athletic.

Compass dealer affiliate Katherine Malkin was recognized as its itemizing agent. FOX Enterprise reached out to her and Soar Administration, the NBA legend’s household and enterprise workplace, for remark about the home.

Jordan’s property has over 7 acres, in accordance with the itemizing (Google Maps / Google Maps)

Its itemizing confirmed a “contingent” standing for the 32,600-plus square-foot dwelling and its almost 7.4 acres.

MICHAEL JORDAN MAKES HISTORY AS HIS NET WORTH REACHES $3 BILLION

Jordan has owned the property for the reason that 90s and first market it a couple of dozen years in the past, in accordance with The Athletic. Its asking worth, initially $29 million, has reportedly modified just a few occasions over the course of its prolonged stint up on the market.

CANTON, OH – AUGUST 03: NBA Corridor of Famer Michael Jordan attends the 2024 Professional Soccer Corridor of Fame Enshrinement Ceremony at Tom Benson Corridor Of Fame Stadium on August 03, 2024 in Canton, Ohio. (Picture by Don Juan Moore/Getty Pictures) (Don Juan Moore/Getty Pictures / Getty Pictures)

The up to date mansion comes with 9 bedrooms and 15 bogs. 

Inside, there’s additionally a library, workplace, cigar room and completed basement, the itemizing indicated. 

The cigar room options “Jordan’s signature touch” – and so do the property’s “regulation-sized” basketball health club, infinity pool, placing inexperienced and tennis court docket, it mentioned.

FORMER OLYMPIC GOLD MEDALIST SHAUN WHITE GETS OVER $3.9M FOR LOS ANGELES HOUSE

The doorway to the property sits behind a gate with a big “23.” That quantity is intently related to Jordan and his NBA profession. 

michael jordan house's gate

HIGHLAND PARK, IL – OCTOBER 21: A gate with the quantity 23 controls entry to the house of basketball legend Michael Jordan on October 21, 2013 in Highland Park, Illinois. Twenty-three is the quantity Jordan wore whereas enjoying basketball for the Chicago (Scott Olson/Getty Pictures / Getty Pictures)

The property is “equipped with every conceivable luxury amenity,” “custom designed” and a “physical monument to his [Jordan’s] tireless dedication and hard work,” the itemizing touted.

Jordan had an extended and profitable profession within the NBA, most of which he performed for the Chicago Bulls. 

DEREK JETER, SERENA WILLIAMS, OTHER ALL-STAR ATHLETES JOIN CINCORO TEQUILA FOUNDERS, INCLUDING MICHAEL JORDAN

michael jordan

UNITED STATES – NOVEMBER 07: NBA 97/98 CHICAGO BULLS; Michael JORDAN/CHICAGO BULLS (Picture by Alexander Hassenstein/Bongarts/Getty Pictures) (Alexander Hassenstein/Bongarts/Getty Pictures / Getty Pictures)

He’s additionally well-known for the Jordan Model that arose out of a cope with Nike throughout his rookie yr. That authentic deal was the topic of a Ben Affleck-directed film referred to as “Air” that hit theaters and Amazon Prime Video final yr.

Nike reported earlier this summer time that the Jordan Model notched almost $7 billion in wholesale equal revenues in its fiscal 2024 yr.

TAGGED:buyerChicagoestateJordansLegendMichaelmillionNBAPotential
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