The 7.39-acre property is located in Highland Park, a suburb 30 minutes north of Chicago. It boasts nine bedrooms and 19 bathrooms, as well as a three-bedroom guest wing, an outdoor tennis court, pool pavilion and entertaining area, a deep water pond, putting green and three climate-controlled multi-car garages. In 2001, he added a full-size, regulation basketball court, as well as locker rooms and showers, a lounge with leather chairs, a built-in television and a glass observation overlook.
He lived in the home for nearly 20 years. He's now selling it, because "my kids are grown now and I don't need a large house in Chicago." As owner of the Charlotte Bobcats, Jordan splits his time between the team's base in North Carolina and a new home he built in Jupiter, Fla.
New York-based Concierge Auctions will hold a live auction on Nov. 22. A $250,000 deposit is required to bid.