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The Early Lead
Posted at 12:25 PM ET, 02/29/2012

Michael Jordan’s suburban Chicago mansion on the market for $29 million

Looking to buy a house? Have we got a deal for you!


Just wait until you see what’s inside. (Ted S. Warren - AP)
It has nine bedrooms, 15 baths, five fireplaces, a three-bedroom guesthouse for the in-laws, a pool, three multi-car garages and a tennis court.

And then there’s the full-size regulation basketball court with a built-in sound system.

All that plus a video of stunning Lake Michigan can be yours for only $29 million.

Come on, it’s a steal!

At least that’s what Baird & Warner Inc. representatives will be peddling as they try to sell Michael Jordan’s Highland Park, Ill. home.

The 56,000-square-foot-house was built between 1993 and 1995, according to a news release from the Chicago brokerage. See more photos of the property here.

“We believe that it not only is the highest priced property in Chicagoland, but the Midwest ... and we also believe it to be the highest priced home in our market,” Baird & Warner senior vice president-marketing Jim Schiefelbein told ChicagoRealEstateDaily.com in an e-mail.

No word on whether the giant “23” that graces the front gates at the entrance to the property is included in the asking price.

Perhaps $23 million would have been a better starting point?

Jordan, the majority owner of the NBA’s Charlotte Bobcats, is hardly hurting in the wallet, but his team is really hurting for wins. The Bobcats are a league-worst 4-28 and have lost 18 of 19.

By  |  12:25 PM ET, 02/29/2012

 
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