| |
|
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:
THE RING 6: NIGHT OF THE SAMURAI WEIGH-IN RESULTS AND FIGHT NIGHT RUNNING ORDER CONFIRMED AS INOUE AND PICASSO CLASH IN RIYADH
, Fri, 26 Dec 2025THE RING 6: NIGHT OF THE SAMURAI PRESS CONFERENCE QUOTES
, Fri, 26 Dec 2025THE RING 6: NIGHT OF THE SAMURAI OPEN WORKOUTS COMPLETE AS UNDISPUTED KING INOUE GETS READY FOR PICASSO CLASH IN RIYADH
, Thu, 25 Dec 20253-Time, 2-Division World Champion & IBF No. 1, Mandatory Bantamweight World Title Challenger Miyo Yoshida long overdue for her 8th World title fight
, Thu, 25 Dec 2025Game On! 1st Paower Pickleball Cup Ignites Action in San Fernando
By Marlon Bernardino, , Thu, 25 Dec 2025Late Replacement Tellez Ready to Shock the World Against Amanda Serrano for WBA & WBO Featherweight Titles on January 3 in Puerto Rico
, Wed, 24 Dec 2025The Pryce is right again!
, Wed, 24 Dec 2025Postal Stamp Honoring Muhammad Ali will be present in January 15
By Gabriel F. Cordero, , Wed, 24 Dec 2025O’REILLY AUTO PARTS SIGNS LONG-TERM PARTNERSHIP DEAL WITH MATCHROOM BOXING
, Wed, 24 Dec 2025Isabela Chess University Wins Region 2 Chess League Title
By Marlon Bernardino, , Wed, 24 Dec 2025Cristobal stops Beltran in the 6th round
By Lito delos Reyes, , Tue, 23 Dec 2025VENUE/DATE CHANGE: Shinard Bunch Takes on John Paul Magalong on THURSDAY, JANUARY 15TH AT THE WAR MEMORIAL IN TRENTON
, Tue, 23 Dec 2025Raquinel suffers 2nd setback in SA
By Lito delos Reyes, , Tue, 23 Dec 2025Oakland Municipal Auditorium: Sacred Hall Where Filipino Boxing World Champions Were Crowned
By Emmanuel Rivera, RRT, , Tue, 23 Dec 2025IBA confirms Men’s World Boxing Championships results
, Tue, 23 Dec 2025Jordan Launches Pro Boxing Scene Appointing Amer Abdallah as Advisor
, Tue, 23 Dec 2025Fisher and Atencio Crowned Jax Mixed Doubles Open Champions
, Sun, 21 Dec 2025Jake Paul Undergoes Surgery for Broken Jaw Following Knockout Loss to Anthony Joshua
By Dong Secuya, , Sun, 21 Dec 2025Anthony Joshua Drops Jake Paul 4 Times En Route to a 6th Round Stoppage
By Dong Secuya, , Sat, 20 Dec 2025Jean Henri Lhuillier Hails RP Blu Boys’ Golden Triumph at the SEA Games
By Marlon Bernardino, , Sat, 20 Dec 2025ACCRA WEIGH-IN RESULTS: RICHARDS AND AZEEZ PREPARE FOR HISTORIC CLASH
, Sat, 20 Dec 2025Two USA Boxing Junior National Champions Invited to Attend Jake Paul vs. Anthony Joshua Bout Friday in Miami
, Sat, 20 Dec 2025Ramon Cardenas Scores One Punch Knockout Over Erik Robles in Main Event of ProBoxTV’s The Contender Series
, Fri, 19 Dec 2025Jake Paul vs Anthony Joshua: The Jig Is Up
By Chris Carlson, , Fri, 19 Dec 2025January 31: Rohan Polanco-Christian Gomez Confirmed as Co-Feature to Xander Zayas-Abass Baraou Title Unification Showdown at Coliseo de Puerto Rico in San Juan
, Fri, 19 Dec 2025 |
|
|
|
|
|
