Michael Jordan's Highland Park mansion has been on the market for nearly 10 years

  • 📰 fox32news
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

'At this point, I'm not at all surprised. It's a very specific house. It was built for Jordan and his family. It was built for a tall person. Kitchen cabinets and counters are high, things like that.'

The property is 7.37 acres. The home is more than 56,000 square feet of living space fit for basketball royalty, including a full basketball court and an entrance emblazoned with MJ's legendary jersey number: 23."I think at this point, we can say it's certainly not helping because if it were helping the house would sell, right?" said Dennis Rodkin, Real Estate Reporter for Crain's Chicago Business.

Rodkin says given the home's price tag of $14.855 million, which hasn't budged in seven years and was originally listed at $29 million in March 2012, he's not surprised the 1995 property hasn't sold. "It's a very specific house," said Rodkin. "It was built for Jordan and his family. It was built for a tall person. Kitchen cabinets and counters are high, things like that. But the other thing is, it's two miles from the lakefront."

Rodkin says in Highland Park, no one's paid more than $8 million for anything that far from the lakefront. The MJ compound sits west of Highway 41.Jordan's agent says there's been increased interest since the hit documentary "The Last Dance" debuted in 2020, but still there’s been no takers.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 547. in BUSİNESS

Business Business Latest News, Business Business Headlines