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Stock impact report

Michael Jordan finds buyer for Chicago mansion on market since 2012 [Fortune]

Compass, Inc. Class A (COMP) 
Company Research Source: Fortune
The property in the affluent suburb of Highland Park went into contract on Sunday, according to Katherine Malkin of Compass Inc., the listing agent, who declined to provide further information about the deal. Built in 1995, during the height of Jordan's time on the National Basketball Association's Chicago Bulls, the home is on a seven-acre lot and has nine bedrooms and 19 bathrooms, according to a public listing . The 32,000-square-foot property boasts a full size indoor basketball court, cigar room and home gym. His jersey number during his time on the team, 23, is adorned on the gate. It was originally listed in 2012 with a price tag of $29 million, or $887 a square foot. A series of price cuts brought the listing to $14.9 million in 2015, where it's remained since. Crain's Chicago Business first reported news of the sale. Chicago's luxury real estate market has seen movement in recent months, despite a nationwide slowdown in home buying, though some properties have closed a Show less Read more
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