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Minimum Price Set for Michael Jordan Auction

The house can be yours but you must pay at least $13 million.

This  NBA regulation basketball court is one of many amenities of Michael Jordan's Highland Park home being auctioned Monday.
This NBA regulation basketball court is one of many amenities of Michael Jordan's Highland Park home being auctioned Monday.

Michael Jordan’s 56,000 square foot Highland Park estate can still be yours at auction Monday but you will have to pay at least $13 million for it.

That will be the minimum bid for the home that includes a complete National Basketball Association court and a “man cave” fit for an NBA hall of famer and now team owner, according to Katherine Malkin, a real estate agent affiliated with the transaction.

The auction was originally scheduled Nov. 22 but delayed until Monday because of increased interest in the property being offered by Concierge Auctions. You still have time to register. A $250,000 deposit is required.

Originally listed for sale at $29 millionthe price was later reduced to $21 million but remained unsold. The home also has nine bedrooms and 15 bathrooms.

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Stuart Senescu December 10, 2013 at 11:06 AM
I'm thinking... convert the bball court to a movie theater....the bedrooms to a boutique hotel....
James Kleinops December 10, 2013 at 11:30 AM
If only I could sell a property short - at 13 million! How many remember the HPCC fiasco? He would have been better off buying HPCC had the city not gotten involved....
AK December 10, 2013 at 01:02 PM
My take after auction folly ends he will talk to the known local builder. Then that builder will start PUD talk and they will end up with 200 -250 apartment units complex on that site. In the worst case scenario MJ will donate a cool mil to the City of HP and move on. If he does demolition sale and sells his house by pieces he may even recover some of that loss. I say he may get 4 Mil in the end assuming multi unit thing gets approved. Commies at the top must be waiting for his call.
Dan Cox December 10, 2013 at 06:47 PM
Property values in Highland Park are falling, businesses are leaving and the Mayor and City Council want to raise taxes. Hmmm
Dan Crabtree December 10, 2013 at 10:34 PM
zero interest..none...dead in the water.. as chicago travels detroits same road to doom...

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