Michael Jordan’s Illinois Mansion Is Reportedly Under Contract After 12 Years on the Market

The retired NBA legend first put his sprawling abode on the market in 2012, according to property records

Michael Jordan’s massive customized mansion located outside of Chicago has finally found a buyer after 12 years on the market.

The Highland Park, Ill. property is reportedly under contract as of Sunday, Sept. 15, listing agent Katherine Malkin of Compass confirmed to CBS News and NBC Chicago. The sale is “contingent” according to the listing, meaning the prospective buyer and seller have signed a contract, but the buyer still has the right to leave the sale, per Forbes.

While the final sale price is not known at this time, the property is currently listed at $14.9 million. The nine-bedroom, 15-bathroom home was originally put on the market for $29 million in March 2012, according to property records.

PEOPLE has reached out to listing agent Malkin but has not yet received a response.

Related: Michael Jordan Celebrates Opening of New N.C. Health Clinic After $10M Donation — See the Photo (Exclusive)

The sprawling 56,000-square-foot property is the same home belonging to the retired NBA legend, 61, that was broken into back in April 2023.

At the time, police responded to a burglary on the “2700 block of Point Drive,” they noted in a brief Facebook statement.

An 18-year-old man was reportedly arrested on the scene and charged with three misdemeanors: one count of criminal trespass to occupied residence and two counts of criminal damage to property. A second individual, a minor, was also taken into custody.

Related: Michael Jordan's Home Burglarized, 18-Year-Old Illinois Man Arrested and Charged

Impressive amenities in the home include a basketball gymnasium, a tennis court, a cigar room and a circular infinity pool, “each with Jordan's signature touch,” per the listing.

Photos of the property reveal a massive front gate adorned with a silver “23” in honor of Jordan’s iconic Chicago Bulls number. An extensive media room and fully-equipped weight room are also shown in the listing.

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The property, which was built in 1995, is where the athlete and his ex-wife Juanita Jordan raised their three children until their split in 2006, PEOPLE previously reported.

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