Table Of Content
- A look inside Michael Jordan’s Chicago mansion
- Take a tour of Michael Jordan's Chicago mansion that's been on the market for 10 years and see why he can't sell it
- The house was custom-built for the basketball legend
- It has a lot of bathrooms – and a swanky cigar room
- ... and down on the lawn there's a putting green.
In 1998 the first Michael Jordan’s Steak House opened, delivering an unparalleled dining experience elevated to a level you’ve come to expect from the Legend himself. As the G.O.A.T would say “Some people want it to happen, some wish it would happen, others make it happen.” For over 20 years his concepts have created unprecedented experiences for everyone at the table. Despite his troubles to sell his Chicago mansion, Michael Jordan is living the high life.
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A look inside Michael Jordan’s Chicago mansion
By the time his ex-wife Priscilla Presley took over the financial planning to make sure her daughter Lisa Marie was taken care of, it had dwindled to $1 million, according to The Richest. A clue to the answer to the lingering question of why this mansion has yet to be sold might be in its distinctive address and all of the customization that is found in almost every nook and cranny of the mansion. What was originally an exercise area was then renovated into cigar and wine rooms. The cigar room is equipped with an air-purification system to keep it from smelling smoky.
Take a tour of Michael Jordan's Chicago mansion that's been on the market for 10 years and see why he can't sell it
As for Jordan, he clearly isn’t hurting for cash — the former Chicago Bulls player has a net worth estimated at $3 billion — so he’s unlikely to compromise and sell his Chicago home for anything less than he thinks it’s worth. There’s also a three-bedroom guesthouse on the premises — which likely saw its fair share of sports celebrity guests over the years. Across its generously sized three levels, Michael Jordan’s mansion has five fireplaces, large skylights that bathe the rooms in natural light, a gourmet chef’s kitchen, and a movie theater. And while that might sound hefty, as the listing notes, the property has been fitted with every conceivable luxury amenity.
The house was custom-built for the basketball legend
Also in 1991, at the height of his basketball career, Jordan purchased a seven-acre lot in Highland Park, Illinois for an undisclosed amount. There, he planned to build a mansion customized to his particular taste and aesthetic. Four years later, construction was complete on his 56,000-square-foot residence, including a tennis court, an infinity pool, a putting green, and a man-made pond. The contemporary-style home sits at the end of a long, private driveway protected by a security gate with the number 23 famously displayed for all visitors to see. Inside, amenities include a massive indoor basketball court, a cigar room, a home theater, and a game room featuring doors from the original Playboy Mansion in Chicago.
Jordan had the house custom built from scratch to suit his taste. Outside, there's an infinity pool ...
Below, we take a closer look at the house and why it's struggling to find a buyer.
While the outdoor space is sprawling and undoubtedly impressive ...
The home was completed in 1995 after Jordan bought its seven-acre lot in 1991, and is strategically hidden behind a wall of 40-foot evergreens. Impressive as it may be, MJ’s house seems to have had the biggest impact on Derrick Rose — the only other player in Bulls franchise history (besides Jordan) to win both the Rookie of the Year and MVP Award. Despite Jordan’s private nature, his Chicago-area home ended up playing a crucial part in the success of his team — and even inspired a new generation to strive for greatness.
It has a lot of bathrooms – and a swanky cigar room
As is clear from various reports, Jordan has been doing just fine since he decided to step off the court. Not only has his net worth grown since his basketball days, but he also lives with wife Yvette Prieto in various luxurious properties around the nation. Since Jordan put his Chicago home on the market, he has bought a lakefront house in North Carolina in a golf course community for US$2.8 million. Several of Jordan’s Chicago Bulls teammates known as the Breakfast Club used to work out in the gym every morning, according to an interview shared by Concierge Auctions.
He’s still paying more than US$100,000 in annual property taxes
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The basketball legend, famous for his privacy, did not invite the filming crew (or the show’s audience, for that matter) into his personal home, but instead chose to film his interview in three separate locations — one more lavish than the other. The seven-acre estate was the home court for Jordan's Breakfast Club -- that propelled the Bulls to six NBA Championships. Our award-winning wine and cocktail program is rooted in Michael Jordan’s passions.
... and down on the lawn there's a putting green.
The huge kitchen was renovated not long before the house went up for sale and was upgraded to include top-of-the-line amenities and every appliance you can imagine. The house has a huge skylight over the kitchen table to make you feel almost like you're cooking right outside in the sun. Many areas of the house, including this formal area, have floor-to-ceiling windows to allow a ton of light in. Tim Crean started writing about sports in 2016 and joined Sportscasting in 2021.
The annual bill is more than US$130,000, and Zillow estimated that he has paid over US$2.5 million in property taxes since putting it up for sale in 2012. In one of the eating areas just off the kitchen, there is even a large aquarium built into the wall. At the time of the sale in 2023, the 8,000-square-foot condo was the third-highest home price in the Chicago area. “A penthouse on Lake Shore Drive that Chicago Bulls great Michael Jordan bought in the 1990s and his ex-wife sold in 2014 sold quietly in May for $6.82 million,” Dennis Rodkin of Crain’s Chicago wrote.
The numbers in the property’s listing price — 1 4, 8 5 5, — add up to 23, Jordan’s basketball jersey number (also proudly plastered on the property gates). The house — along with the 7-acre property it sits on — has been Michael Jordan’s home since 1991, when he won his first of six NBA championships playing for the Chicago Bulls. One year later, the price was reduced to $21 million, and 11 months later, to $16 million. In December 2013, the athlete even tried to auction off his mansion, but the minimum bid of $13 million was never met, Business Insider reported. While Michael Jordan's Chicago home is Hollywood-appropriate and filled with high-tech amenities, he's been trying — and failing — to sell it since 2012! Today, the annual bill is still more than $100,000, and he has paid nearly $700,000 since he put it on the market in 2012, according to Business Insider.
According to Virtual Globetrotting, the 56,000-square-foot house is located in the Highland Park suburb and sits on 7.39 acres. It includes nine bedrooms, 15 full bathrooms, four half-bathrooms, and a regulation-size basketball court — because, of course. At the time, the basketball legend and his then-wife, Juanita Vanoy, paid $2 million for the property. They later invested heavily into customizing and upgrading the 9-bedroom home, adding unique features — including a pool anchored by a grass island. Unsurprisingly, the centerpiece of the house is a full-size basketball court with Jordan’s name on both ends and the Jumpman logo at the center. Other noticeable features in the place include a gourmet chef’s kitchen, cigar room, wine cellar, full gym, library, and a set of doorways from the original Playboy Mansion of Chicago.
The home is about two miles from Lake Michigan, where most of the large homes in the area are. This was important for a global celebrity like Jordan but may not be appealing to most buyers. The home also features one of 10 “Baghdad tables” in the world off the kitchen.
The residence measures 7,000 square feet; Jordan had a private elevator installed to maximize privacy. He still appears to own this property, though with his decision to sell his majority stake in the team in 2023, it’s possible that he could also be looking to offload the property soon. After a long drive from the entrance, 40-foot evergreens surround the property and provide privacy for the home.
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