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Michael Jordan home doesn't sell

Updated: December 16, 2013, 10:01 PM ET
Associated Press

HIGHLAND PARK, Ill. -- 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 7-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.

The former Chicago ...

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