Michael Jordan’s Chicago Estate – Chicago, Illinois
In 2012, Michael Jordan put up his 56,000 sq. ft. mansion for sale. He asked $29 million for it at first. It is found in Highland Park, Illinois. The athlete has since reduced its price to $15 million in an attempt to sell it off. The NBA legend tried to lure buyers by adding vintage Air Jordan shoes to the deal. According to Chicago Mag, his asking price is too high. No one is looking to buy such a huge place that will only depreciate. Forbes said that the luxury property market is not “limitless.” It has also been pointed out that the fitness features won’t appeal to people without his athleticism. Lastly, The Real Deal said a “culture clash” between realtors over its high-profile nature.
Michael Jordan’s Chicago Estate – Chicago, Illinois
Jennifer Lopez’s Mansion – Los Angeles, California
It feels like Jennifer Lopez’s huge California mansion is perfect for any aspiring pop star. It even has a dressing room you can use to doll up for events. In 2015, the singer put the 17,000 sq. ft. mansion in Hidden Hills for $17 million. The house also comes with nine bedrooms, a recording studio, a gym, a dance studio, and a theater for twenty people. Despite everything, she has zero luck with selling it. She brought the price down to $12.5 million but still no dice. The singer also has properties in New York, Bel Air, and Miami, although she plans to keep those. It is possible that her bad luck has to do with the high property taxes, but this might not be the case. After all, California has lower property taxes than Ohio!
Jennifer Lopez’s Mansion – Los Angeles, California
