Alright, hoop fans, buckle up! Michael Jordan’s legendary mansion is finally about to change hands, and it’s been quite the saga.
MJโs Mansion Madness
So, here’s the scoop: Michael Jordan, the Chicago Bulls icon, is on the verge of selling his massive nine-bedroom, 19.5-bathroom palace in Highland Park, Illinois. Realtor.com reports that this 56,000-square-foot behemoth is listed as contingent, which means there’s a deal, but a few conditions still need to be met. Can you believe it’s been on the market for 12 years? Talk about a long game!
Price Drops and Fun Facts
Originally, MJ slapped a $29 million price tag on this bad boy back in 2012. But just a year later, he slashed it down to $16 million. Fast forward to 2015, and the price was tweaked to $14.855 millionโa nod to his iconic No. 23 jersey (1+4+8+5+5 = 23). Pretty clever, right? The price has hovered around $15 million ever since.
The Ultimate Ballerโs Pad
Built in ’95, this mansion is everything you’d expect from His Airness. Itโs got a gate with the number 23, a cigar room, a library, an indoor gym, a weight room, andโof courseโa full-sized basketball court. Outside, the seven-acre lot features a circular infinity pool, a putting green, and a tennis court. Oh, and it even made a cameo in Travis Scottโs โFRANCHISEโ music video. Check it out here: https://www.youtube.com/watch?v=_VRyoaNF9sk&ab_channel=TravisScottVEVO
Tax Time Troubles
Now, let’s talk taxes. In 2023, Jordan shelled out a whopping $137,208 in property taxes for this estate. Lake County records peg the propertyโs value at $4.94 million. So, if the buyer coughs up at least $10 million, they better brace for those taxes to double. Yikes!
MJโs Real Estate Empire
But wait, there’s more! Jordan’s no stranger to luxury digs. He owns a five-bedroom, 9,100-square-foot mansion in Jupiter, Florida, bought for $17 million this March. Plus, he snagged a 26,299-square-foot mansion in Jupiter for $5.3 million back in 2015. And let’s not forget the two top-floor penthouses in downtown Charlotte he grabbed for $3.148 million in 2010. Oh, and a six-bedroom, 12,310-square-foot crib in Cornelius, North Carolina, bought in 2013 for $2.8 million. This guy’s got properties like heโs got championship rings!
I think it’s wild how MJ’s real estate game is almost as impressive as his basketball career. Seriously, who needs that many mansions?
So, what do you think? Will this sale finally go through, or will it be another chapter in the saga of MJ’s mansion? Drop your thoughts below!
