Michael Jordan, the legendary NBA player maybe legendary at his game but the case isn't the same when it comes to real estate. His Chicago mansion that hit the auction block Dec. 16 failed to find any takers for $13 million or above, according to some news sources.
TMZ reports that nobody at the auction was willing to cough up the dough that Jordan demanded. Apparently, a representative for Jordan said that they will try to sell the property again, next year.
Just a few weeks back, Jordan had said that he wouldn't accept any price under $13 million for the 7- acre property.
That price is still a large drop from what Jordan had initially listed the place for. The residence 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.
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.
Concierge Auctions was holding the bidding process. Check out the photos and more information on the property, here.
Jordan currently lives in Jupiter, Florida. Looks like, he has to make some extra space in that residence because the Bulls legend is all set to become a father. An anonymous Jordan rep told US Weekly that Jordan and his 34-year-old model wife, Yvette Prieto, are expecting their first child. He already has two grown sons with his previous wife, Juanita Venoy.
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's retirement hasn't put him off the celebrity screen. He owns a clothes line and a professional motorcycle and road racing team - Michael Jordan motor sports. He also owns the Charlotte Bobcats, the basketball team he acquired in 2010.
