After 12 years on the market and having slashed the original asking price in half, Michael Jordan has reportedly found a buyer for his Chicago-area mansion.
The basketball star’s 56,000-square-foot property has just been acquired by an anonymous buyer for the modest cost of US$14.8 million (approximately C$20 million).
Michael Jordan in an episode of The Last Dance.
Quebec Journal
The asking price had not been adjusted in nearly a decade.
According to TMZ, the sale of the estate is currently listed as “conditional”; conditions remain to be met before the sale becomes final.
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“I can confirm that the property is under contract,” real estate agent Katherine Malkin told Patch.com. “I have not confirmed any dates.”
Located in Highland Park, near Chicago, Illinois, the custom-built mansion features nine bedrooms, 19 bathrooms, a cigar lounge, a library, a gym, a swimming pool, a tennis court and a basketball court.
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Unique details throughout the home reference Michael Jordan’s career, such as the front door adorned with the number 23, outdoor putting greens with his Nike Jumpman logo and a home theater with his likeness on the marquee.
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Michael Jordan’s real estate team reportedly considered these custom finishes as part of the selling point.
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The house, which was built in 1995 when Jordan was playing for the Chicago Bulls, was last on the market in 2015 for $14.855 million.
The property was originally listed on the register in 2012 for a whopping $29 million before the price dropped three years later.
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Potential buyers are required to sign nondisclosure agreements if they tour the property, according to the Wall Street Journal.
The buyer has yet to be revealed this afternoon, according to TMZ.
