Michael Jordan's Chicago-area mansion now a "bargain" at just $21 million Posted Jul 1, 2013 Michael Jordan put up his Chicago-area mansion for sale in February 2012 at $29 million, apparently in recognition of his role as owner of the Charlotte Bobcats and general disassociation from the Windy City. Shockingly, that price tag may have scared off some buyers. So Jordan and his real estate representatives have knocked the price down $8 million to a totally affordable $21 million. (Yahoo! Sports)