HIGHLAND PARK, Ill., Oct. 19, 2013 /PRNewswire/ -- New York-based Concierge Auctions is pleased to announce the November 22nd live auction of Michael Jordan's nearly 20-year residence in the chic Chicago suburb of Highland Park. The 56,000-square-foot estate, known as Legend Point, occupies 7.39 acres and is complete with a regulation-size NBA-quality basketball court, pool pavilion, tennis court, putting green, 9 bedrooms and 15 full and four half bathrooms. Previously offered for $29 million, Legend Point will be sold in cooperation with Katherine Chez Malkin of Baird and Warner Real Estate.
"I have so many amazing, happy memories of my life in the house over the years," Jordan stated. "It's where my kids grew up. It's where I lived during my championship years. I still have business interests in Chicago, including my restaurants, and Chicago will always have a piece of my heart. It's a special place with incredible people, who embraced me from the day I arrived. But my kids are grown now and I don't need a large house there anymore.""This home is so much more than most people imagine. Once you are behind the gate, the location affords complete privacy. The landscaping and positioning of the estate keep it from feeling overwhelming. The home, most of which was remodeled in 2011, is perfectly maintained, and obviously has all the bells and whistles, but is still very friendly," stated Malkin. "The main living areas are connected to the guest house and the pool and basketball pavilions, but if you weren't going to those areas, you need not pass through this square footage to be where you would typically spend most of your time. I am thrilled that Concierge Auctions is involved in this sale process. It seems like the most rational decision a business person could make. It compresses market time, brings forward interested buyers and affects a sale in the most professional way possible."