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January 2, 2014

For Sale: Michael Jordan's Chicago Mansion

Basketball legend Michael Jordan is still trying to sell his 56,000 square-foot home, located in the Chicago suburb of Highland Park, IL. Previously offered for $29 million.  The estate went to auction on December 16th, but failed to attract a winning bid. This is after the home was originally meant to go to auction on November 22nd. Michael Jordan pulled his house off the auction block at the last second that day, refusing to sell the house for less than $13 million.

Jordan built the home in 1994. It sits on a seven acre lot, which features a regulation-size basketball court, tennis court, and putting green. The garage can fit 14 cars. The house itself, nicknamed "Legend Point," consists of nine bedrooms, 15 full bathrooms, and four half baths. The home's "gentlemen's retreat" is complete with a billiard parlor, wet bar, library, and the Chicago Playboy Mansion's original doors. 

Michael Jordan raised his three children in this home, during his 17-year long marriage to Jaunita Venoy. Throughout much of this time, Jordan played for the NBA's Bulls. Now that his children are grown,  he is separated from Venoy (as of 2006), and he no longer has significant business interests in Chicago, Jordan has no need for such a large Chicago home. He is now remarried to Yvette Prieto, who is expecting their first child. 

What's next? The house is now for sale at $16 million.



For a sneak peak of the home's interior, play the video, below:


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