A. The Air Jordan Mansion: A Luxury Haven
B.

The mansion, known as the “Air Jordan” estate, was built in 2001 and boasts a sprawling 10,000 square feet of living space. It features a state-of-the-art gym, a home theater, a wine cellar, and a luxurious master suite. The estate also includes a basketball court, a pool, and a tennis court.

It was originally listed in 2012 with a price tag of $29 million, or $887 a square foot. A series of price cuts brought the listing to $14.9 million in 2015, where it’s remained since. Crain’s Chicago Business first reported news of the sale. Chicago’s luxury real estate market has seen movement in recent months, despite a nationwide slowdown in home buying, though some properties have closed at steep discounts. Last month, a custom mansion on eight city lots in the affluent neighborhood of Lincoln Park, closed for $15 million after an original listing price of $50 million eight years ago.

Jordan, 61, left the Bulls in 1999 and became a part owner of the Washington Wizards. He then was majority owner of the Charlotte Hornets before agreeing to sell his stake last year for $3 billion. The Wall Street Journal reported in April that Jordan bought a $16.5 million mansion in a gated community in Jupiter, Florida, where he already has a 28,000- square foot mansion built in 2013. (Updates with Jordan buying a mansion in Florida in last paragraph.)