| |
|
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:
Date set for Manny-Money 2
By Joaquin Henson, , Wed, 25 Feb 2026Knockout Artist Sugar Martinez (17-0, 17 KOs) Makes His US Debut Against Philly Veteran Daiyan Butt
, Wed, 25 Feb 2026IM Yap outwits GM Gareyev, shares lead; Maribao split the point with GM Quizon in Round 3 of the Manny Pacquiao International Open chess
By Marlon Bernardino, , Wed, 25 Feb 20262 Division World Champion José Luis Castillo Confirmed for Ninth Annual Box Fan Expo, During Cinco De Mayo Weekend, Saturday May 2, in Las Vegas
, Wed, 25 Feb 2026Doors open for Manny
By Joaquin Henson, , Tue, 24 Feb 2026MEXICAN TITANS GO HEAD-TO-HEAD HIGHLIGHTING CINCO DE MAYO WEEKEND IN LAS VEGAS!
, Tue, 24 Feb 2026Alex Bray and Gabriela Tellez Capture WBA Titles, Dainier Pero Scores Impressive Stoppage at “Night of Champions XIV” in Orlando
, Tue, 24 Feb 2026Cebuana Lhuillier Gems Officially Join Inaugural Pickle Yard Conference League
By Marlon Bernardino, , Tue, 24 Feb 2026ADAMES AND AMMO CLASH FOR WORLD TITLE IN ORLANDO ON MARCH 21
, Tue, 24 Feb 2026Filipino Alexis Emil Maribao shocks Indonesian Grandmaster Susanto Megaranto in the Manny Pacquiao International Open Chess opener
By Marlon Bernardino, , Tue, 24 Feb 2026Team USA Notches Perfect Day to Open 77th International Strandja Boxing Tournament
, Tue, 24 Feb 2026Floyd Mayweather Vs. Manny Pacquiao Set for Blockbuster Professional Rematch Streaming Live Globally on Netflix Saturday, September 19
, Tue, 24 Feb 2026Zulueta, Bactol, Dologuin, Almacen Score Knockout Wins in Thailand (PHOTOS)
By Carlos Costa, , Tue, 24 Feb 2026Francisco wins PBF flyweight title
By Lito delos Reyes, , Tue, 24 Feb 2026San Diego’S Boxing Stars Julius Ballo and Jonny Mansour to Headline the Inaugural Edition of Sd Fight Night on April 18, 2026, at Frontwave Arena
, Tue, 24 Feb 2026Influencer Brooklyn Barwick Fighting for NBA Americas title
, Tue, 24 Feb 2026Integrated Sports to distribute ‘The MGM Slam Presented by Capital One PPV’ on Sunday, March 1 from T-Mobile Arena in Las Vegas
, Tue, 24 Feb 2026125 climbers reach Mt. Apo in Sta. Cruz
By Lito delos Reyes, , Tue, 24 Feb 2026Opening Round Bouts Set for Team USA at 77th International Strandja Boxing Tournament
, Mon, 23 Feb 2026Jean Henri Lhuillier Expresses Pride as Cebuana Lhuillier-Backed Blu Girls Secure Wild Card Entry to WBSC World Cup
By Marlon Bernardino, , Mon, 23 Feb 20262026 USA Boxing Elite High Performance Set to Compete at Strandja 2026 Boxing Tournament in Sofia, Bulgaria
, Sun, 22 Feb 2026SMEP, SAEP round 6 standoff in PTC WED NEMO 4th D’ Engineers Chess Cup
By Marlon Bernardino, , Sun, 22 Feb 2026Late Valentine’s gift for Lover Boy
By Joaquin Henson, , Sat, 21 Feb 2026“Prince” Albert Pagara Heads to Perth, Australia, for WBC Australasia Title Fight
By Carlos Costa, , Sat, 21 Feb 2026BARRIOS vs GARCIA (FIGHT ANALYSIS)
By Ralph Rimpell, , Sat, 21 Feb 2026 |
|
|
|
|
|
