These Celebrity Mega-Mansions Are Now Worthless
Michael Jordan’s Chicago Estate – Chicago, Illinois
On the Market Since: 2012
Total Area: 56,000 square feet
Initial Value: $29 million*
This 56,000-square-foot house belonged to Michael Jordan when he listed it for sale for $29.5 million. It was reduced to less than $15 million in Highland Park, Illinois since Jordan could not locate a buyer. For some reason, he’s been unable to find a buyer for the seven-acre estate since it went on the market in 2012.
Ex-NBA star and Nike spokesperson Chris Mullin tried to sweeten the deal by including a highly sought-after pair of Air Jordans from his collection with the house. According to The Real Deal, realtors had a “cultural conflict” about the house’s notoriety. So what exactly is the issue? Even for a residence of this size, Chicago Mag believes the asking price is excessive. Buying a mansion that would deteriorate in Value is not something anyone wants to do. Luxury real estate markets aren’t “limitless,” as Forbes put it. When it comes to the health attractions of the location (such as a basketball court), Jordan isn’t going to be interested.
More in Trending-
-
Festival Outfits That Make You Wonder If Clothes Are Optional Now
Goggles, Glam, and Grit These two festival icons prove that contrasts make the best duos. One lounges in a peach bikini...
September 1, 2025 -
Dies sind die teuersten Hollywood-Scheidungen aller Zeiten
Ben Stiller und Christine Taylor – Angebliche Einigung über 200 Millionen Dollar Der erfahrene Hollywood-Schauspieler Ben Stiller und seine Frau Christine Taylor...
September 1, 2025 -
45 icônes qu’on croyait éloignées des projecteurs mais qui brillent encore aujourd’hui
Audrey Pulvar (Née en 1972) – Édition 19/20 Audrey Pulvar est l’une des figures marquantes de la télé française. Elle a...
September 1, 2025 -
`
Understanding Chinese Investment Through Its CitiesBeijing has made it clear that the era of traditional growth must give way to “high-quality development.” Its current strategy emphasizes...
August 30, 2025 -
Die 40 attraktivsten Powerfrauen im internationalen Sport: Athletik, Charisma und pure Leidenschaft
Skylar Diggins – Basketball-Star mit unerschütterlichem Comeback Skylar Diggins-Smith ist eine der beeindruckendsten Spielerinnen der WNBA und hat sich durch ihre...
August 29, 2025 -
Want These Teachers With Their Strangely Effective Teaching Techniques To Teach Us!
No Stinging Happening Here English classes often cover various topics related to William Shakespeare, such as his exploration of cycles of...
August 29, 2025 -
The Price of Fame: Celebrities Who Let Surgery Ruin Their Looks!
Britney Spears – Born in 1981 Princess pop Britney Spears has captivated audiences since her 1999 debut with “…Baby One More...
August 28, 2025 -
These Are The Most Expensive Hollywood Divorces of All Time
Jane Fonda & Richard Perry – Settlement: Reported $13 – 20 Million They say third time’s the charm, but it’s already...
August 28, 2025 -
What Your Favorite Celebs Look Like Without Makeup – Some Of Them Are Completely Unrecognizable
Rihanna The Barbadian singing star has created waves all around the world with her music and has attained fame and glory...
August 28, 2025
You must be logged in to post a comment Login