T
he sale of Michael Jordan's personalized estate in Highland Park, Illinois, has not been an easy feat. Despite being on the market for over a decade, the property's price has been reduced twice, currently standing at $14.9 million. The mansion, which spans over 32,700 square feet, was built in 1995 at an estimated cost of $50 million. It boasts nine bedrooms, fifteen full bathrooms, four half-bathrooms, a gym, basketball court, locker room, trophy room, theater, cigar room, putting green, tennis court, and pool.

    The property's unique selling point is its personal touches, which include Jordan's name on the basketball court, flags bearing his Air Jordan logo, and his jersey number on the gate. According to Katherine Malkin, the listing agent at Compass, these personal touches are not seen as a hindrance to potential buyers, but rather as an added attraction.

    The primary reason for the property's slow sale is its non-waterfront location, as most buyers in the Chicago area prefer to live on the lake for better views and accessibility. Despite this, Malkin believes that Jordan's personal touches are what make the property stand out.

    Jordan has no plans for further price reductions, according to Malkin. However, this decision comes at a cost as he has already paid over $1 million in property taxes since listing the mansion. Additionally, he also pays for a housekeeper, property manager, and security.

    Jordan's primary residence is in Jupiter's gated Bear's Club, a luxurious golf community designed by Jack Nicklaus. He shares this 26,000-square-foot mansion with his wife Yvette Prieto, complete with a guest house, guard tower, pool, gym, and basketball court. In April, Jordan purchased another Bear's Club mansion for $16.5 million.

    The sale of Jordan's estate is not an isolated case in the Chicago area. Last month, a Lincoln Park estate that cost $65 million to build was sold for $15.3 million, resulting in a significant loss for the seller.