Posted on 09/08/2024 5:31:51 PM PDT by ChicagoConservative27
Selling Michael Jordan’s ultra-personalized compound has been anything but a slam dunk. The massive home has remained on the market for 12 years and slash its price twice.
Jordan made his mark on the Chicago area estate: His name is painted on the basketball court, flags wave with his Air Jordan logo, and his jersey number adorns the gate, according to the Wall Street Journal. Jordan first listed the mansion at 2700 Point Lane in Highland Park, Illinois for $29 million in 2012, chopping it down to $16 million in 2014, and to $14.9 million in 2015, Compass shows.
(Excerpt) Read more at therealdeal.com ...
LOL 🤣🤣🤣
(and slash)
Tense!!
(Continues to flounders ???)
Ongoing movement towards fish 🐟🐠🐡
(sorry those are the only fish my phone 📱 has)
just sell it...
Paint the walls Navajo white.
Every property has its market value. If they aren’t getting offers, it’s overpriced.
It matches the neighborhood not some place you would want to live in.
Looking at the aerial view, it’s obvious that he overbuilt for the neighborhood. Also there’s what appears to be a busy loud avenue just east, and beyond it a commercial strip.
https://www.google.com/maps/place/2700+Point+Ln,+Highland+Park,+IL+60035
Nice lookin’ front gate:
https://www.zillow.com/homedetails/2700-Point-Ln-Highland-Park-IL-60035/4902463_zpid/
A new owner will want to do a tear down.
it’s sprawling butt ugly doesn’t help
DEI writer.
Don’t axe me how I know.
Can you imagine the maintenance costs for that white elephant?
As are the politics, HP about as left wing democrat as it gets. Filth.
Realtor.com is showing property taxes of $148,018 a year.
I hope the city picks up the garbage.
Lol.
It may be overpriced or it just may be anybody who can afford such a house doesn’t want to be in Illinois, pay Illinois taxes etc. If you have $12 million you can live in a much nicer state with better weather and more things to do. Even California - you may pay the same in taxes but you’re in California. Or Florida. Or Texas. Illinois does’t offer much and I imagine most of the wealthy are planning how to get out - not to dig themselves in deeper. As a primary residence it may not be ideal, and I can’t see it being a vacation home either. So there is a very limited market of buyers.
And I imagine that those who could afford it, who are also committed to living in Illinois already have a nice place. The market of potential buyers has to be extremely small.
12 years ? that home should have a bazillion squatters by now...
🪓🪓🪓🪓🪓🪓🪓
It’s all about location. If it were a desirable location would have sold. Someone with that kind of money would just tear down the house anyway and build their own house the way they want it.
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