Table Of Content
- Another luxurious part of Jordan's estate is the expansive wine cellar.
- A look inside Michael Jordan’s Chicago mansion
- ... which has its own family room and kitchen.
- Jordan had the house custom built from scratch to suit his taste. Outside, there's an infinity pool ...
- They lead to a game room with a pool table.
- Floor-to-Ceiling Windows
It would take a small fortune to get some of the Air Jordan out of Jordan’s home’s air. Interestingly, the sum of each digit in this price mirrors Michael Jordan’s retired playing number, 23. Jordan's favorite area of the house was the upstairs library, this lounge nook, and the billiards room next to it. The front gate of Michael's Highland Park, IL, mansion is emblazoned with his iconic jersey number, of course. When he’s not enjoying a round of golf or coaching youth soccer and flag football, Tim likes reading the work of Bill Simmons, Tony Kornheiser, Chuck Klosterman, and Tom Wolfe. There are several reasons the Michael Jordan mansion is still on the market more than a decade after the GOAT listed it.
Another luxurious part of Jordan's estate is the expansive wine cellar.
Our private dining offers an exceptional, personalized experience with the level of quality that lives up to the prestige of a legend. There is no need to worry about the house rotting while it remains unsold, though. The mansion is reportedly still occupied by staff employed to keep it looking fresh. The long drive from the gate and the fully grown trees ensure that the house has complete privacy. Jordan had the house – and the surrounding property – built from scratch to his personal tastes.
A look inside Michael Jordan’s Chicago mansion
Michael Jordan's Chicago mansion is currently on sale for $14900000, almost half the original price of $29069000 - Sportskeeda
Michael Jordan's Chicago mansion is currently on sale for $14900000, almost half the original price of $29069000.
Posted: Thu, 03 Aug 2023 07:00:00 GMT [source]
Apart from his former $90 million Chicago Bulls salary, he's scored numerous endorsements over the years, including Nike, Wheaties, Gatorade, Hanes, MCI, Chevrolet, McDonald's, and Coca-Cola. These still reportedly earn him $80 million a year (via Virtual Globetrotting). Plus, Jordan also owns an 80% stake of the Charlotte Bobcats NBA team, and he privately owns a $50 million Gulfstream IV jet. The price on the house has dropped several times and is currently on the market for US$14.9 million, The house was originally listed for US$29 million. He has since tried to sweeten the deal by virtually cutting the price in half – and even by saying he’ll throw in a complete set of Air Jordans with the purchase of the house – but the estate is still on the market.
... which has its own family room and kitchen.
But there’s also a circular infinity pool, putting green, tennis court, and cigar room, each with Jordan’s signature touch. Other in-house amenities include a billiard parlor, wine cellar, fireplace, aquarium, library, full gym, cigar room, game room, various TV rooms, and the original doors to the Chicago Playboy Mansion, Business Insider reported. In the property, the star also has a tennis court, infinity pool, chipping range, putting green, and lily pond. Visitors know they're in the right place when they see the No. 23 on the front gate — Jordan's number when he played for the Chicago Bulls.
Michael Jordan's 56,000-square-foot, 7-acre compound in Highland Park, Illinois, looks massive even from the air.
In 1995, Michael Jordan constructed one of the largest mansions in the Chicago suburbs at a cost of over $50 million. Decades later, the five-time MVP listed the seven-acre property for $29 million. It may seem like many people’s dream to live in a home built by the greatest player in NBA history, but apparently, this has not been enough to get the property off the market. Jordan has tried to sweeten the pot by cutting the price nearly in half and throwing in a complete set of Air Jordans with the purchase of the house. And yet, it remains unsold and he pays more than $100,000 in annual property taxes.
In fact, the more customized the home is, the harder it is to find the right buyer for it. The best example is Shaquille O’Neal’s longtime home in Florida, which bounced on and off the market for years. After seeing the house Jordan’s family lived in, he distinctly remembers telling himself that one day, he too will live in a lavish home and get his mom out of poverty. The 56,000-square-foot property is located in Highland Park, a community set 25 miles outside of Chicago.
Notable past residents include tennis stars Venus and Serena Williams, golfers Luke Donald, Ernie Els, and Michelle Wie, among others. Six-time NBA Champion, five-time M.V.P, two-time Olympic Gold Medalist & he’s still hungry. In 1993, during his historic NBA career, Michael Jordan opened his first restaurant in Chicago and has since grown his brand to the national level.
They lead to a game room with a pool table.
Approaching from the grounds at 2700 Point Ln in Highland Park, Illinois, you can quickly tell the property belongs to the NBA legend; his iconic No. 23 is welded to the gate. And the struggle continues, as the Chicago Bulls icon has slashed the asking price nearly in half. Let’s learn all about this enormous estate and why it has been hard for His Airness to sell the home. Malkin noted that some interested buyers of late have suggested subdividing the property, which isn’t necessarily easy given that its shape is like a “flag lot,” in which a narrow driveway, or the “flagpole,” extends north to the rest of the property. Set in a prestige suburb of Highland Park, the modern mansion is enclosed by more than 150 trees – the perfect setup for someone in need of complete privacy. The sprawling property sits on 3 acres and is surrounded by tall trees and lush landscape, to protect the baseball legend’s privacy.
Floor-to-Ceiling Windows
The 56,000 square foot property-equipped with every conceivable luxury amenity-is a physical monument to his tireless dedication and hard work. The custom designed property includes a regulation-sized basketball gymnasium, circular infinity pool, putting green, tennis court, and cigar room, each with Michael Jordan's signature touch. Jordan’s next real estate move took him to Jupiter, Florida, where he purchased a $4.8 million mansion situated on three acres of Jack Nicklaus’s exclusive Bear’s Club community. Jordan reportedly spent an additional $7.6 million renovating the house to his particular standards. It’s the residence that he and wife Yvette Prieto currently reside in with their twin daughters, Victoria and Ysabel.
Billionaire Michael Jordan Suffers as $29 Million Worth Chicago Mansion's 10-Year Struggle Prolongs - EssentiallySports
Billionaire Michael Jordan Suffers as $29 Million Worth Chicago Mansion's 10-Year Struggle Prolongs.
Posted: Sun, 26 Nov 2023 08:00:00 GMT [source]
Below, we’re sharing a glimpse into some of Jordan’s most well-known portfolio pieces, each one just as unique and legendary as the star athlete himself. As of 2020, he reportedly spends most of his time at his $12.4-million house in Jupiter, Fla. located in The Bear's Club, a luxurious community designed by famed golfer Jack Nicklaus (via Yahoo Sports). The 28,000-square-foot house includes 11 bedrooms, a two-story guard house, full-size basketball court, and cigar-friendly media room, according to Echo Fine Properties. Built in 1995, the contemporary-style mansion has 15 full bathrooms, 4 half bathrooms, a regulation-sized basketball gymnasium, a circular infinity pool and a cigar room. The property has 56,000 square feet of living space in total, including the basement and the garage with space for 15 cars, while outside on the grounds are a tennis court and a putting green. The NBA legend paid an undisclosed amount for a massive vacation home in Park City, Utah.
Join our Chicago Dream Homes Facebook group for more luxury listings and real estate news. Listed for sale with Compass, a Compass marketing rep reportedly explained that the company has seen an increase in searches for homes offering abundant outdoor space and pools since the pandemic. With Jordan's estate ticking both those boxes, they hope the property will get more interest this year. He also famously owned a vacation home in Utah, just outside the ski haven of Park City.
And, in one more nod to MJ, if you add up the numbers in the current listing (1+4+8+5+5), the total is 23, Jordan’s iconic jersey number — and almost half the original asking price. Jordan took full ownership of the house in 2007, a year after separating from his ex-wife, Juanita Vanoy, per NBA Fandom. An earlier version of this story misidentified the Charlotte NBA team Michael Jordan owns. The local tax assessor assigns a market value of $4.77 million to the property.
Next to the house — but on the same property — is a three-bedroom guesthouse with its own family room and kitchen. Construction for Jordan's mansion started in 1991 and was completed in 1995, per Virtual Globetrotting. Of course, since this is the former home of Michael Jordan, there is a full-court basketball court. It’s the centrepiece of the house and has the legend’s name at both ends as well as the Jumpman logo at its centre, which also includes the names of his children. There’s an infinity pool with a grass island in the middle, and down on the lawn there’s a putting green complete with Jordan brand flag sticks.
She flipped that million and turned the home into a museum, which now stands as the most visited private property in America. It ranks second only to the White House as the most frequented home in the country. Which leads to another reason why people might not want to purchase the home.
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