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Update: Michael Jordan’s Chicago Mansion Will Not be sold for Anything Less Than $13 Million

NBA legend Michael Jordan's Chicago mansion is all geared up to make a comeback to the auction block Dec. 16 after it was pulled off Nov.22, the day it was to go under the hammer.

According to TMZ, Jordan's mansion was taken off the bidding market after realtors claimed that they couldn't find potential buyers for the property. However, some sources claim that the home was taken off due to low interest and the fact that there was no minimum reserve set on the residence.

However, Jordan's realtors have now decided to renew the deal and have put the mansion back on the auction block and apparently, any price below $13 million shall not be accepted.

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 will be holding the auction. Check out the photos and more information on the auction and 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.  


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