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Michael Jordan’s Mansion Fails To Sell At Auction

In October news broke that Michael Jordan’s Chicago mansion was going to be on sale in an auction, however, the 56,000 square foot home has failed to sell because nobody met the $13 million price. This is the third time in the past two years that the home has failed to sell.

Sports Illustrated reported:

Michael Jordan’s 56,000-square foot home in suburban Chicago has failed to sell at auction after the bidding fell short.

Jordan spokeswoman Estee Portnoy says nobody offered the reserve price of $13 million for the seven-acre estate in Highland Park, north of Chicago.

Portnoy says Concierge Auctions publicized Monday’s auction well, but that market conditions aren’t ideal. She says options for the property will be evaluated next year.

The former Chicago Bulls superstar’s home originally was listed at $29 million in early 2012.

It has nine bedrooms, 15 full bathrooms, a pool pavilion and a regulation-size indoor basketball court. It also features what’s described as a ”gentleman’s retreat,” complete with a library, wet bar and the original doors from the Playboy Mansion in Chicago.

Watch the tour of the house below:

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