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
May 16, 2026 - 11:29
By any other name: Real estate tax hike under consideration by Scott boardThe Scott County Board of Supervisors kept the door open to a real estate tax increase during its budget discussions on Friday for the fiscal year 2027 plan. Rather than a straightforward rate hike...
May 15, 2026 - 22:42
NYC faces new real estate tax threat that could freeze salesNew York City`s real estate market is facing a fresh wave of uncertainty as lawmakers push forward with a controversial tax proposal that critics warn could freeze sales across the five boroughs....
May 15, 2026 - 02:44
Exclusive | Miami building sees more than $70M in sales from NYC buyers in last month — as people flee Mamdani's pied-à-terre taxThe ink isn`t even dry on New York City`s proposed pied-a-terre tax, and one Miami Beach tower is already counting the money. A single luxury building in the Sunshine State has recorded more than...
May 14, 2026 - 00:44
Real Estate ETF XLRE Offers Steady Dividends With One Major CautionThe real estate sector has long been a favorite for income-focused investors, and the Real Estate Select Sector SPDR Fund, known by its ticker XLRE, remains a popular choice for those seeking...