MJ mansion on the market for a king's ransom
By Homer D. Sayson
PhilBoxing.com
Thu, 01 Mar 2012
If you have fantasies of being super rich and living in a palace once owned by an NBA legend, here's your chance to make it a reality. Hopefully, your bank account is as fat as your dreams.
Michael Jordan's mansion was put up for sale on Wednesday afternoon. Nestled in the Chicago suburb of Highland Park, the mammoth estate sits on eight acres of land and boasts of more than 56,000 square feet of living space. It has nine bedrooms, 15 baths and five fireplaces to keep its wealthy inhabitants warm during the notoriously cold Midwest winters.
The price? A cool $29 million.
Cash, of course, is always a desired payment. But potential buyers can also acquire the former Bulls great's mansion through mortgage installments. A 20-year mortgage, for instance, would require a payment of 125,000 a month for the next 20 years.
And whoever inherits this decadent abode along the majestic Lake Michigan must also pay an annual property tax of $165,000.
The property includes a three-bedroom guest house, a pool area, an outdoor tennis court and three climate-controlled multi-car garages.
And you guessed it, the mansion His Airness once prowled has its own basketball facility. A very good one in fact, simply world class.
The basketball complex, describes thestar.com, features a full-size regulation court with specially-cushioned hardwood flooring and competition-quality high intensity lighting. And it has a sound system set up to provide perfect acoustics within the court space.
By no means a bargain at $29 million and with the U.S. economy still wobbling from the ravages of a recession, MJ's mansion is a tough sell.
But given Jordan's incredible celebrity star power, it wouldn't come as a surprise either if someone steps forward and plunks down the dough for the right to own the mansion Jordan once lived in with his ex-wife Juanita and their three children.
Click here to view a list of other articles written by Homer D. Sayson.
Recent PhilBoxing.com In-House articles:
Fisher and Atencio Crowned Jax Mixed Doubles Open Champions
Sun, 21 Dec 2025Jake Paul Undergoes Surgery for Broken Jaw Following Knockout Loss to Anthony Joshua
By Dong Secuya, Sun, 21 Dec 2025Anthony Joshua Drops Jake Paul 4 Times En Route to a 6th Round Stoppage
By Dong Secuya, Sat, 20 Dec 2025Jean Henri Lhuillier Hails RP Blu Boys’ Golden Triumph at the SEA Games
By Marlon Bernardino, Sat, 20 Dec 2025ACCRA WEIGH-IN RESULTS: RICHARDS AND AZEEZ PREPARE FOR HISTORIC CLASH
Sat, 20 Dec 2025Two USA Boxing Junior National Champions Invited to Attend Jake Paul vs. Anthony Joshua Bout Friday in Miami
Sat, 20 Dec 2025Ramon Cardenas Scores One Punch Knockout Over Erik Robles in Main Event of ProBoxTV’s The Contender Series
Fri, 19 Dec 2025Jake Paul vs Anthony Joshua: The Jig Is Up
By Chris Carlson, Fri, 19 Dec 2025January 31: Rohan Polanco-Christian Gomez Confirmed as Co-Feature to Xander Zayas-Abass Baraou Title Unification Showdown at Coliseo de Puerto Rico in San Juan
Fri, 19 Dec 2025Jake Paul, Anthony Joshua Tip the Scales Ahead of Netflix Heavyweight Spectacle in Miami
By Dong Secuya, Fri, 19 Dec 2025Suelo rules Thailand chess tourney
By Marlon Bernardino, Fri, 19 Dec 2025RICHARDS AND AZEEZ SET FOR HISTORIC SHOWDOWN AS SOUTH LONDON LIGHT HEAVYWEIGHTS FACE-OFF AT PRESS CONFERENCE IN GHANA
Fri, 19 Dec 2025Brooklyn’s undefeated Pryce Taylor Called one of top heavyweight prospects in U.S.
Fri, 19 Dec 2025INDIGO FIGHT NIGHT RESULTS AS GIORGIO VISOLI OVERCOMES TOUGH JOE HOWARTH – AND TIAH-MAI AYTON WINS AGAIN
Thu, 18 Dec 2025Weights From ProBoxTV’s ‘Merry Fistmas’ at War Memorial Auditorium in Fort Lauderdale, Tomorrow Night at 7 pm ET
Thu, 18 Dec 2025