NBA legend, Michael Jordan might have struck gold on the courts but is having serious trouble selling his Chicago area mansion. Failing to sell the residence after a couple of price chops, Jordan is heading for the auction block to unload the home, according to several news reports.
Jordan's mansion will be auctioned by Concierge Auctions and is scheduled for November 22. Participants will have to make a $25,000 deposit to bid for the estate. There is no minimum reserve for the property, reports Realtor.com.
Jordan's Highland Park mansion hit the real estate market in February 2012 sporting a lofty price tag of $29 million, which was slashed down to $21 million in July 2013. Jordan's Home is one of the most expensive listings of the area.
In an emailed statement to the Wall Street Journal, Jordan said he is selling because "my kids are grown now and I don't need a large house in Chicago." He also has a holiday home in Utah and a home in Charlotte, North Carolina, which he purchased for $2.8 million in February.
Check out the photos and more information on the auction and the property, here.
The 56,000-square-feet home sits on a seven acre land and is beautifully landscaped. The grand mansion was built in 1995 and comprises of nine bedrooms and 15 full and four half baths. The fully-furnished place has five fireplaces. The exteriors of the home include basketball and tennis courts along with a pond and an indoor-outdoor swimming pool. The garage is a 15 car parking space, reports The Chicago Tribune.
The NBA official website calls Jordan "the greatest basketball player of all time." His immense ability to leap and his super scores at slam dunks earned him nicknames like "Air Jordan" and "His Airness"!
Jordan might have retired sometime back, but he still remains a favorite. According to a recent poll by ESPN on 26 anonymous active NBA players, 23 of them would want Jordan to take the last shot over LeBron James.
Jordan's retirement hasn't put him off the celebrity screen. He owns a clothes line and a professional motorcycle and road racing team - Michel Jordan motor sports. He also owns the Charlotte Bobcats, the basketball team he acquired in 2010.
Apart from the games, Jordan also tried his charms in Hollywood, starring in a movie "Space Jam" in which he portrays himself. He had a local T.V show in 1989 called "The Michael Jordan Airwaves".
Jordan currently lives in Jupiter, Florida.
