The Real Reason Nobody Wants To Buy Michael Jordan's Mansion

Who wouldn’t want to live in a house that used to be owned by a celebrity? Not only would it be guaranteed to be a lavish home, but you would also have countless stories to tell about the famous former owner.

Believe it or not, basketball superstar Michael Jordan has had quite a hard time selling his Chicago mansion. The house’s listing price has been cut in half to $14.9 million since Jordan first put it on the market, but MJ still hasn’t had any luck. Let’s take a look at the real reason no one wants to buy Michael Jordan’s mansion.

#MichaelJordan #Mansions #NBA

[NickiSwift]

What would you change or keep the same if you bought Michael Jordan's mansion?

[jamesscruggs]

Bottom line if somebody can spend 15 million dollars in the house they're going to spend it on a house that they build. People with that kind of money don't live in somebody else's dream home.

[damachine]

I'm surprised some Chinese billionaire superfan hasn't purchased it.

[MagTV]

Reasons Why It Hasn’t Sold:
1. It’s in Illinois
2. Roofing Issues
3. Agents Not Recognizing A Potential Buyer.
4. Property Taxes
5. It’s in Illinois
6. Outdated Kitchen
7. Property Taxes
8. Politicians
9. ITS IN (RUN)

[Kacee]

When it's reduced to 200k I will think about it.

[awwwnawwbruh]

Three things: overcustomization, property taxes and upkeep.

[nomadic]

If I had 14 million to spend on a place I would build my own.

[erichknodel]

Because it’s in Illinois and the property taxes are insane!

[amilcarschettini]

Those property taxes are probably over 200k

[nethbt]

If millionaires want to buy a mansion, it certainly won't be in Chicago with shitty weather plus the house looks so dated and could run you a fortune for just maintenance and other taxes

[jorgetoloza]

Someone out there is saving money not buying this house..

[theworkerhours]

his mansion is going to become a museum for future generations. He is a legend.

[AsapCodeine]

The question was answered from the first 10 seconds. The house is in chicago.

[LLyrik]

Nobody that's rich wants a hand-me-down Jordan Mansion 🤣

[anthonyant-beatzanderson]

He should turn it into a museum. Ain't nobody gonna buy that house. It can also be used as a recreational facility. Unless he finds another use for it it's gonna be on the market for 8 more years.

[joshuaprusha]

Leave it for his older children, that grew up in that house. just a thought

[jaealexander]

If im spending 15 million I can build my own damn mansion

[billylee]

Millionaire investors laughing at that price like he did at Gary P...😂🤣😂😅

[NesDogg]

I’ve been there! As soon as I saw the gate I was like “I’ve been there”

[ConcernedCitizen]

Part of the problem is that the property taxes last year on that house was more than $120, 000 and will probably rise a lot more in the near future. Illinois is notorious for really screwing over homeowners on taxes. All very high-end homes in Illinois are having trouble selling. There is a big mansion in the Lincoln Park area of Chicago which originally cost $65 million to build and has been on the market for sale since 2016 - first at $50 million and m=now at $45 million