Michael Jordan's Highland Park mansion sells for $9.5 million after 12 years on the market
CHICAGO (CBS) -- After more than 12 years on the market, Chicago Bulls legend Michael Jordan's mansion in Highland Park has sold for $9.5 million, far less than he originally sought.
The 56,000-square-foot mansion at 2700 Point Lane sold for $9.5 million on Tuesday, according to multiple real estate listings. The home went under contract in September, and the sale closed on Tuesday.
Jordan originally put the mansion up for sale with a $29 million asking price in 2012, and earlier this year dropped the asking price to $14,855,000. Adding up those digits results in a sum of 23 — Jordan's jersey number for all but 23 games of his time with the Bulls.
As described in a real estate listing on Zillow, the 7.4-acre estate features 9 bedrooms, 15 full bathrooms, 4 half bathrooms, a circular infinity pool, a putting green, a tennis court, and a cigar room.
The mansion also features an indoor basketball complex with its own entrance, which was completed in 2001. The complex features a full-size basketball court, and a special sound system.
The house was built between 1993 and 1995, in accordance with Jordan's exact specifications, including its distinctive wrought iron front gate bearing his famous number 23.
Businessman Lou Weisbach once lived next door. Speaking to WBBM Newsradio in 2012, he explained the purpose of the front gate was not to show off who Jordan is, "but so that people wouldn't beat down his fence and his gate, trying to meet him and see him."
"They could take photographs in front of his property and prove to people that they were," Weisbach said at the time.
It's unclear if the new owner will keep the famous "23" front gate.
Jordan and his ex-wife, Juanita, raised their sons, Jeffrey and Marcus, and their daughter, Jasmine, in the mansion. Michael and Juanita Jordan divorced in 2006.
In 2010, Jordan had an opulent new home constructed on Jack Nicklaus' Bears Club development in Jupiter, Florida.
