Michael Jordan’s Highland Park Mansion Sale Near Completion After 12 Years

The renowned basketball star Michael Jordan‘s expansive mansion in Highland Park, Illinois, is nearing the conclusion of its lengthy sale process, marking a significant moment in the real estate market. Positioned on the North Shore, the mansion is finally under contract after being listed for over a decade.

The property, originally purchased by Jordan in 1991, encompasses an impressive 56,000 square feet and resides on seven acres. It was built four years later in 1995 and includes high-profile features like an indoor basketball court, a tennis court, a putting green, and a circular infinity pool. Furthermore, the mansion contains nine bedrooms, 19 bathrooms, a library, a cigar room, and a 14-car garage, with the number ’23’ from Jordan’s jersey prominently displayed on the front gate.

The house was initially listed in 2012 with an asking price of $29 million, though it was later reduced to $14.855 million in 2015 in hopes of attracting potential buyers. The final closing price remains undisclosed, yet it is anticipated to potentially set a new record for Highland Park.

Megan Mawicke, a prominent North Shore real estate broker and former CBS News Chicago anchor, expressed her excitement over the contract, acknowledging that the successful agreement reflects the strong demand within the local luxury market despite uncertain repercussions on average housing prices. She noted that low inventory levels have driven an even greater push in the regional real estate landscape.

Speculation around the property’s sale has sparked interest from both real estate professionals and fans alike. Howard Serlin, a local resident, shared amusing anecdotes surrounding the mansion’s fame as a tourist attraction, with many visitors drawn to the site for photo opportunities.

Luxury real estate agent Kofi Nartey, who dedicated a year to selling the property, described it as a residence designed for comprehensive, all-encompassing living. Although the identity of the purchaser remains unclear, the completion of this transaction signifies a notable event in Chicago’s luxury real estate scene.