Michael Jordan's residence in suburban Chicago is for sale for $29 million

Michael Jordan's longtime personal residence in suburban Chicago is for sale for $29 million.

 The sprawling estate is in Highland Park, along Lake Michigan, and has more than 56,000 square feet of living space.

 That includes nine bedrooms, 15 bathrooms and five fireplaces.

 There's also a three-bedroom guesthouse, pool area, outdoor tennis court and three climate-controlled multicar garages.

 An indoor basketball complex features a full-size regulation court with specially cushioned hardwood flooring and competition-quality high-intensity lighting. It has a sound system set up to provide perfect acoustics within the court space.

 The property was put on the market Wednesday by Katherine Chez-Malkin of Baird & Warner Real Estate.

 Jordan lived in the home with his ex-wife, Juanita, and their three children. The couple divorced in 2006.

 Jordan reportedly bought a mansion at an exclusive golf resort in Jupiter, Fla., in 2010, which put him marginally closer to the Bobcats in the same year that he gained majority ownership of the team.

 A sale of his former Chicago home at the listed price would far outstrip the current record $16 million fee paid for a publicly listed home sale in the area in 2007, local listing agents told the Chicago Tribune.