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Michael Jordan To Auction Highland Park Mansion

The bidding starts at $21 million for the 56,000-square-foot, nine-bedroom, 15-bath compound.

This is not the address for Michael Jordan's Point Lane mansion in Highland Park being auctioned Nov. 22 by the former Chicago Bulls basketball star. It was his number.
This is not the address for Michael Jordan's Point Lane mansion in Highland Park being auctioned Nov. 22 by the former Chicago Bulls basketball star. It was his number.

On the market for more than 18 months, Michael Jordan’s 56,000-square-foot mansion is still available.

But perhaps not for long as the former Chicago Bulls superstar and Hall of Fame basketball player will auction it off Nov. 22, according to a story in the Chicago Sun Times today.

Originally listed for $29 million, the 56,000-square-foot-home home, built between 1993 and 1995, includes nine bedrooms, 15 bathrooms and an indoor basketball court. The price was reduced to $21 million earlier this year.

When the property was originally listed, the Chicago Tribune reported that if Jordan's home sells for "anywhere near that asking price, it would be the most expensive, publicly listed home sale in the Chicago area."

The minimum bid will be $21 million, according to the Sun Times article. There is also an indoor pool deck linking the main house to the guest wing. And, of course, there is an NBA-quality basketball court.

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Dan Crabtree October 18, 2013 at 05:34 PM
will be deserted within two more years...as chicago like most liberal paradises will go the way of detroit..just a matter of time..
Stu Pidasso October 18, 2013 at 06:44 PM
not a bad price depending on the condition of the interior, if I remember correctly, he paid between $32-34 million back then.
kabarr October 18, 2013 at 06:59 PM
I'm no real estate agent, but... If the home has already been reduced to 21m earlier this year and it did not sell, why wouild they start the bidding at 21 million? I'm just saying...
Stu Pidasso October 18, 2013 at 07:15 PM
to gain buyer interest in the property, and lower the opening bid at a later date. I'd say they're testing the waters right now to see if it is even worth putting it up for auction....
kabarr October 18, 2013 at 08:29 PM
Thanks Stu, makes sense
fred October 19, 2013 at 12:26 AM
I'll bid 21 mil right now just to open the bidding and quell the controversy. Did you see my hand gesture, yes, that was a bid.
Phil Grabar October 19, 2013 at 07:55 AM
Mr. Crabtree - What will be deserted? The Jordan mansion? Highland Park? You just sound like one more disgruntled tea party loser.
fred October 19, 2013 at 04:30 PM
@Phil..you watch too much CNN sir.
Phil Grabar October 19, 2013 at 06:44 PM
I sure don't watch Fox "News".
fred October 19, 2013 at 07:35 PM
@Phil.. I didn't think so. Please note, however, they are the highest rated cable news show. Please keep that in mind.
Phil Grabar October 19, 2013 at 11:54 PM
Do you think high ratings means they are "fair and balanced"? *LOL*
fred October 20, 2013 at 01:00 PM
I don't call any network fair and balanced. I just said they were the highest rated. You can draw your own conclusions Phil. BTW, if you watch MSNBC, which is the extreme of the bunch, we probably have very little in common in terms of politics.
Benny G. October 29, 2013 at 07:02 PM
Weren't their lawsuits involved after the construction for major construction faults?
Tony November 03, 2013 at 07:54 AM
Yes. Synthetic stucco was used on the exterior that was improperly installed sealing the structure to the point that condensation forms inside exterior walls leading to mold and promotes termite dmg. The developer and the installation subcontractor were both bankrupt and assume he sued the mfr If not discovered early extensive damage occurrs to the point where complete demo is the only option if not corrected. Complete replacement of exterior walls and mold remediation are the only solutions
Tony November 03, 2013 at 07:54 AM
Yes. Synthetic stucco was used on the exterior that was improperly installed sealing the structure to the point that condensation forms inside exterior walls leading to mold and promotes termite dmg. The developer and the installation subcontractor were both bankrupt and assume he sued the mfr If not discovered early extensive damage occurrs to the point where complete demo is the only option if not corrected. Complete replacement of exterior walls and mold remediation are the only solutions
Stu Pidasso November 03, 2013 at 10:35 AM
I hear that Basketball courts are now being installed with a different liner around the walls because of a mold problem that was observed on early court installations. Could prove to be a pricey fix if there is a problem.. I had heard back in the late 90's that he had spent over $33 million for the place. Interesting.

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