Despite his in basketball, boasting a Hall of Fame induction, six NBA titles, and five league MVPs, 's former . The property has been on the market since 2012. The iconic sports figure's old residence is located in Highland Park, Illinois, and despite being on the market for over a decade, it hasn't found a buyer.
Originally listed at $29 million in March 2012, the asking price for the property at 2700 Point Ln has been slashed to $14.8 million, as per Baird and Warner Real Estate. Despite this significant price cut, potential buyers seem uninterested.
And recent footage shared on TikTok shows the property is currently abandoned, with flooding on the old basketball courts and the once-state-of-the-art gym in disrepair. Constructed in 1995, the sprawling estate spans 7.39 acres and offers a whopping 32,683 square feet of living space.
Nestled in the affluent 60035 zip code area of Highland Park, the average household income here is $242,190. However, less than 40.5 percent of households in the neighboring cities of Highland Park, Highwood, and Lake Forest earn over $200,000 annually.
This makes the acquisition of such a luxurious property a challenge from a residential perspective. According to Property Club, the home is situated in Illinois' 11th richest area. The property has been listed on Zillow for 1,010 days and continues to sit unsold, raising questions about why a home with such a storied past and luxurious features has yet to find a buyer.
The surrounding neighborhood.