Sunday, October 6, 2024

Michael Jordan Sells Highland Park Mansion For $14.855M

NBA Corridor of Famer and Chicago Bulls legend Michael Jordan is lastly about to promote his nine-bedroom, 19.5-bath mansion in Highland Park, Illinois, for $14.855 million, in response to Realtor.com.

After sitting in the marketplace for 12 years, the 56,000-square-foot property is at present listed as contingent. This implies the would-be purchaser and Jordan have a deal, however it’s contingent upon a number of circumstances being met.

The six-time NBA champ initially put the big property up on the market in 2012 with an asking value of $29 million. Nonetheless, he lowered that sum to $16 million only one yr later.

Michael Jordan Sells Highland Park Mansion For $14.855M
Realtor.com

 

Michael Jordan Sells Highland Park Mansion For $14.855M
Realtor.com

In 2015, the listing value dropped to $14.855 million, in honor of Jordan’s No. 23 jersey quantity. When added, one, 4, eight, 5, and 5 complete 23. The value has been round $15 million since 2015.

In-built 1995, the mansion contains a No. 23 gate, a cigar room, a library, an indoor health club, a weight room, and a full-sized basketball court docket. The seven-acre lot additionally has a round infinity pool, a placing inexperienced, and a tennis court docket.

Based on TMZ Sports activities, the house was featured in Travis Scott’s “FRANCHISE” music video.

Michael Jordan paid a $137,208 property tax invoice for the Highland Park mansion within the 2023 tax yr

Assuming the client can afford the house, the person will likely be paying a ridiculous property tax invoice. Lake County information present that the property had a $137,208 property tax invoice within the 2023 tax yr.

The Lake County assessor assigns a $4.94 million worth to Jordan’s property. This implies if the client pays not less than $10 million for the mansion, the home-owner can anticipate the present stage of annual property taxes to double.

His Airness owns a number of properties. Jordan owns a five-bedroom, 9,100-square-foot mansion in Jupiter, Florida, that he purchased in March for $17 million. He additionally owns a 26,299-square-foot mansion in Jupiter that he purchased for $5.3 million in 2015.

Michael Jordan Sells Highland Park Mansion For $14.855M
Realtor.com

Moreover, Michael Jordan paid $3.148 million in 2010 for 2 top-floor penthouses in a condominium constructing in downtown Charlotte, North Carolina.

The Bulls legend additionally owns a six-bedroom, 12,310-square-foot mansion in Cornelius, North Carolina, which he purchased in 2013 for $2.8 million.

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