Michael Jordan's Iconic Estate Entering Final Stages of Being Sold

The legendary NBA star's sprawling property has been on the market for over a year

Potential buyers have reportedly been touring the estate in recent weeks

Michael Jordan's iconic estate in Highland Park, Illinois, is reportedly entering the final stages of being sold. The sprawling property, which has been on the market for over a year, has been attracting interest from potential buyers in recent weeks, according to sources close to the sale. The estate, which was built in 1995, is located on a 7-acre lot and features a 56,000-square-foot mansion, a regulation-size basketball court, a tennis court, a swimming pool, and a putting green. The mansion has nine bedrooms, 15 bathrooms, a wine cellar, a home theater, and a fitness center. Jordan originally listed the estate for sale in 2012 for $29 million, but the price was later reduced to $14.85 million. The estate is now reportedly under contract for a price that is close to the asking price. The sale of the estate would mark the end of an era for Jordan, who has lived in the property for over 20 years. Jordan purchased the estate in 1991 for $2.5 million. He has since made significant renovations to the property, including adding the basketball court and the tennis court. The estate is one of the most iconic properties in the Chicago area. It has been featured in numerous magazines and newspapers, and it has been the site of many high-profile events, including Jordan's wedding to Yvette Prieto in 2013. The sale of the estate is expected to close in the coming weeks.