December 28, 2024 - 21:50
In a high-profile real estate transaction, a commercial real estate executive from a Lincolnwood-based firm has purchased the iconic mansion formerly owned by NBA legend Michael Jordan. The sale, finalized on December 10, saw the property change hands for an impressive $9.5 million.
Nestled on a sprawling 8.4 acres in Highland Park, the mansion is renowned not only for its size but also for its luxurious amenities and rich history. Jordan, a six-time NBA champion with the Chicago Bulls, originally built the estate in the 1990s, making it a symbol of his success both on and off the court.
The property features multiple bedrooms and bathrooms, expansive living areas, and a range of recreational facilities, including a basketball court that pays homage to Jordan's storied career. This acquisition marks a significant investment in the Highland Park area, further highlighting the ongoing interest in luxury real estate within the region.
September 23, 2025 - 02:29
Major Merger in Real Estate Services: Compass and Anywhere Real Estate Join ForcesIn a significant move within the real estate sector, two of the nation`s largest real estate services companies are merging in a deal valued at approximately $10 billion, including debt. This...
September 22, 2025 - 06:21
Historic Sale of Howe Manor Apartments in Arden-Arcade for $18.875 MillionHowe Manor Apartments, a long-standing fixture in Arden-Arcade, has been sold for $18.875 million, marking the first change in ownership since its development in the 1960s. This significant...
September 21, 2025 - 21:45
The Surge in Luxury Rentals: Why the Wealthy in L.A. Prefer Renting Over BuyingIn recent times, Los Angeles has witnessed a remarkable shift in the luxury real estate market as the ultra-wealthy opt for renting high-end properties rather than purchasing them. This trend has...
September 21, 2025 - 01:03
Explore Lucrative Investment Opportunities in San Antonio Housing MarketThe San Antonio housing market is presenting promising investment opportunities, with capitalization rates reaching as high as 6.1%. This trend is attracting both seasoned investors and newcomers...