Why does no one want to buy Michael Jordan's mansion? MJ's house up for sale at half price

NBA legend Michael Jordan never sold himself short on basketball court but according to reports, he is about to do so in terms of real estate. Michael Jordan Chicago mansion boasts of ermous nine bedrooms, basketball and tennis courts, an infinity pool, a cigar lounge and just about every luxury a buyer could want. However, Michael Jordan Chicago mansion has failed to attract buyers and has been on market since 2012. 

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Where does Michael Jordan live today? NBA legend's failed attempts to sell Michael Jordan Chicago mansion

According to reports, Michael Jordan is trying to sell Michael Jordan Chicago mansion for past eight years. Michael Jordan mansion was first listed in February 2012 for steep price of $29 million. asking price meant that it failed to attract any buyers and Michael Jordan Chicago mansion was put up for an auction. However, attempt failed miserably, with one bidding for minimum $13 million amount.  asking price of Michael Jordan house n dropped from $21 million to $16 million. Six and a half years later, Michael Jordan mansion is still up for sale for $14.9 million.

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Michael Jordan mansion for sale: Why one wants to buy Michael Jordan mansion?

Despite listing Michael Jordan mansion for sale at half price, it has failed to attract any buyers as of yet. According to a report by Chicago Mag, asking price is too high for property, which is why one wants to buy Michael Jordan mansion.  $14.9 million asking price for Michael Jordan Chicago mansion is nearly 20 times aver listing price in Highland Park, $700,000, and is one of top five most expensive properties for sale around Chicago.  While NBA legend's documentary Last Dance has shifted focus back on him, Gail Lissner of Integra Realty Resources belives it will hardly help him market his Chicago mansion. 

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location of Michael Jordan Chicago Mansion also is far compared to or properties in a similar price range which are closer to Lake Michigan.  Michael Jordan Mansion is also regarded as an overwhelming property and is harmonised to states of one man. In addition to nine bedrooms, place has 19 bathrooms, five fireplaces, a three-bedroom guesthouse, and three multicar gars. 

centrepiece of Michael Jordan Chicago mansion is a full basketball court, painted with Jumpman logo. main gate has .23 emblazoned on it in Bulls' jersey font and also boasts of a comfortable pia room decked out with lear sofas and a games room with a pool table. Like Bulls legend is struggling to sell his Michael Jordan Chicago mansion, teammate Scottie Pippen has also struggled to sell his own Highland Park mansion and has been on and off market for past four years. 

Michael Jordan mansion for sale: Where does Michael Jordan live today?

Michael Jordan earned a fortune during his NBA career and continues to earn big due to a variety of endorsements. Bulls legend has properties in rth Carolina and Florida and is kwn to split time in between two luxury homes. So where does Michael Jordan live today?

According to reports, Michael Jordan house Jupiter, Florida, is what NBA legend calls his abode. Michael Jordan house Jupiter also served as a location to shoot Last Dance. According to heavy.com, Jupiter is valued at $12.4 million and is located in Bear’s Club, a community designed by famed golfer Jack Nicklaus. Jupiter includes 11 bedrooms, a two-storey guardhouse, basketball court and a cigar-friendly media room, per Echo Fine Properties.

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