WHY MICHAEL JORDAN'S CHICAGO MANSION HAS FAILED TO SELL FOR A DECADE

Michael Jordan's Chicago mansion has been on the market for over a decade.

The property was initially listed for $29 million in 2012, but the price has been reduced to $14.9 million.

The mansion has nine bedrooms, 15 bathrooms, a basketball court, a putting green, and a cigar room.

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The property's high price tag and location in a less desirable area of Chicago have deterred potential buyers.

The COVID-19 pandemic has also affected the luxury real estate market, making it harder to sell high-end properties.

Jordan's personal attachment to the property and his reluctance to accept a lower offer may also be contributing factors.

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