Foreign Property News | Posted by Aye Myat Thu
Michael Jordan's enormous house in Chicago is still on the market after 10 years.
Jordan has tried to sweeten the pot by cutting the price nearly in half and throwing in a complete set of Air Jordans with the purchase of the house. And yet, it remains unsold and he pays more than $100,000 in annual property taxes.
The house was originally listed for $29 million and has every bell and whistle you can think of. Some "over-improvements" and the house's location are making it hard to sell the property.
Below, we take a closer look at the house and why it's struggling to find a buyer. Most images are from footage provided by Concierge Auctions.
(Michael Jordan's 56,000-square-foot, 7-acre compound in Highland Park, Illinois, looks massive even from the air. Concierge Auctions)
(Anyone who approaches from the ground can tell right away that this estate belongs to the legendary No. 23, Michael Jordan — and that might be what's keeping it from selling.Zillow)
(The long drive from the gate and the full-grown trees ensure that the house has privacy.Concierge Auctions)
(Jordan had the house — and the surrounding property — built from scratch to his personal tastes. Concierge Auctions)
(There's a tennis court ... Concierge Auctions)
(an infinity pool with a grass island in the middle ...Concierge Auctions)
(a large patio ... Concierge Auctions)
(and down on the lawn, there's a putting green.)
(The putting green is complete with Jordan Brand flag sticks.)
(There's also a pond stocked with fish.)
Ref: Take a tour of Michael Jordan's Chicago mansion that's been on the market for 10 years and see why he can't sell it (businessinsider)