This is why Michael Jordan refuses to lower the price on his Chicago mansion that has been listed for 12 years

Michael Jordan’s mansion still won’t budge on the sales market — and neither will he.

Jordan, the basketball legend known for setting records on the court, is close to achieving another — having the most famous mansion that just won’t sell.

His sprawling Highland Park, Illinois estate, originally listed for $29 million back in 2012 and now reduced to around $15 million, has lingered on the market for more than a decade.

Despite the significant price drop, the six-time NBA champion isn’t interested in slashing the price any further, according to a report in the Wall Street Journal.

(Michael Jordan’s 56,000-square-foot mansion in Highland Park, Illinois, has been on the market since 2012, initially listed for $29 million, but now priced at around $15 million. Compass)

(Despite numerous efforts to sell, including viral marketing campaigns and price reductions, the property remains unsold.Compass)

The question that’s swirling among potential buyers and real estate insiders: is the house too “Michael Jordan” for anyone else?

Guarded by a custom iron gate flaunting Jordan’s uniform number 23, the 56,000-square-foot mansion is a shrine to the GOAT himself.

The outdoor putting green sports flags featuring his Nike silhouette, and a home theater displays his likeness in lights.

Inside, Jordan’s name and those of his children — Marcus, Jeffrey and Jasmine — are painted across a full-sized basketball court, while a locker room, trophy room and a cigar-friendly poker parlor complete the picture. Some of the doors come straight from Hugh Hefner’s original Playboy Mansion, and there’s even a built-in aquarium.

But don’t expect any de-Jordanizing to help move this property.

Listing agent Katherine Malkin told the Journal: “We haven’t really talked about that because it’s part of the draw. We don’t look at that as being a hindrance.”

(Jordan, who built the house in 1994, is in no rush to sell and is willing to wait for the right buyer. Despite offers to repurpose the estate for various ventures, no deals have been made, and Jordan continues to maintain the property with full-time staff.NBAE via Getty Images)

(While some speculate the home may be too “Jordanesque” for potential buyers, others cite its location, away from Lake Michigan, as a reason for the lack of interest.Compass)

(Jordan is unwilling to reduce the price of his mansion because he believes the property is worth more than what current offers reflect.Compass)

He famously pulled out of a 2013 auction because he didn’t want to sell the house for less than it was worth.

Ref: This is why Michael Jordan refuses to lower the price on his Chicago mansion that has been listed for 12 years (nypost) Photo Credit- NBAE via Getty Images, Compass