Commercial Real Estate Executive Acquires Michael Jordan's Mansion for $9.5 Million
December 28, 2024 - 21:50
In a high-profile real estate transaction, a commercial real estate executive from a Lincolnwood-based firm has purchased the iconic mansion formerly owned by NBA legend Michael Jordan. The sale, finalized on December 10, saw the property change hands for an impressive $9.5 million.
Nestled on a sprawling 8.4 acres in Highland Park, the mansion is renowned not only for its size but also for its luxurious amenities and rich history. Jordan, a six-time NBA champion with the Chicago Bulls, originally built the estate in the 1990s, making it a symbol of his success both on and off the court.
The property features multiple bedrooms and bathrooms, expansive living areas, and a range of recreational facilities, including a basketball court that pays homage to Jordan's storied career. This acquisition marks a significant investment in the Highland Park area, further highlighting the ongoing interest in luxury real estate within the region.
MORE NEWS
July 7, 2026 - 09:00
Orange County real estate investor pleads not guilty in $100 million bank fraud caseMahender Makhijani, a prominent Orange County real estate investor already on the hook for $1.34 billion in a civil arbitration, entered a not guilty plea Monday to federal charges of bank fraud....
July 6, 2026 - 17:24
Seattle walks back plan to lower fees funding affordable housingJust days before a proposed agreement to lower developer fees that support affordable housing was set to be made public, Seattle City Hall has decided to step back from the plan. The fees, known as...
July 6, 2026 - 06:03
Under-the-radar Delaware beach towns smart buyers are targetingRehoboth Beach has long been the crown jewel of Delaware`s shoreline, but its soaring home prices and tourist crowds are pushing savvy buyers to look elsewhere. A handful of lesser-known beach...
July 5, 2026 - 20:05
Fifty Condos Coming to Santa Barbara’s North La Cumbre RoadThe Santa Barbara County Planning Commission has given the green light for a new 50-unit condominium project on North La Cumbre Road. The development will rise on the former site of Hope Community...