Here is Michael Jordan’s 56,000-square foot house in Chicago and why it is still on the market after 6 years


Michael Jordan house

Michael Jordan’s enormous house in Chicago is still on the market after six years despite cutting the price nearly in half and still paying more than $100,000 each year in property taxes.

The house was originally listed for $29 million and has every bell and whistle you can think of. There’s a pool with a grass island in the middle of it, a door from the Playboy Mansion, a table based on the streets of Baghdad, and MJ-branded golf flags.

Below we take a closer look at the house and why it is struggling to find a buyer. Most images are from footage provided by Concierge Auctions.

Tony Manfred contributed to this post.

The 56,000 square foot, seven acre compound from the air.

The gate to get in, fittingly.

The price on the house has dropped several times and is now going for $14.9 million, or about $265 per square-foot. That is a far cry from the original $517-per-square-foot price. It should also be noted that the exact price is $14,855,000 and the numbers in that price add up to 23 because of course they do.

See the rest of the story at Business Insider …read more

Source:: Business Insider

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