Lifestyle

Michael Jordan’s Decɑde-Long $2.5M Propеrty Tax Invеstment Bеfore Sеlling Housе

Despite the allure of residing in a residence crafted by the legendary NBA player Michael Jordan, potential buyers seem hesitant to invest $14.8 million in his Illinois estate. 

The 7-acre Highland Park property has been on the market for approximately nine years, with Jordan taking sole ownership in January 2007. Originally acquired for $2 million in 1991, the estate was listed for $29 million in 2012. 

Despite several price adjustments, currently at $14.8 million, no buyers have emerged. Jordan, who pays annual property taxes exceeding $130,000, has contributed over $2.5 million in taxes since the listing. 

The extensively customized nine-bedroom, 16-bathroom mansion, tailored to Jordan’s preferences, features unique elements like a wrought iron gate with his jersey number 23, a fitness center, and an indoor basketball court. 

Built in 1995 and refurbished in 2009, the property includes five fireplaces, a skylight, gourmet kitchen, thеater, cigar room, poker room, wine cellar, outdoor tennis court, and a guesthouse with three bedrooms.

 Despite its prolonged availability, the mansion is meticulously maintained by the existing staff.

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