Michael Jordan’s 56,000-square foot home in suburban Chicago has failed to sell at auction after the bidding fell short.
Jordan spokeswoman Estee Portnoy says nobody offered the reserve price of $13 million for the seven-acre estate in Highland Park, north of Chicago.
Portnoy says Concierge Auctions publicized Monday’s auction well, but that market conditions aren’t ideal. She says options for the property will be evaluated next year.