Monday, April 29, 2024

See inside Michael Jordan's impressive seven-acre estate in Chicago

michael jordan house chicago

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.

Michael Jordan's Chicago mansion has been on the market for 10 years. See inside — and why he can't sell it

"I watched him (Jordan) every second while I was there" - Derrick Rose on how a visit to Michael Jordan's house ... - Basketball Network

"I watched him (Jordan) every second while I was there" - Derrick Rose on how a visit to Michael Jordan's house ....

Posted: Tue, 06 Feb 2024 08:00:00 GMT [source]

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.

This is where Michael Jordan really lives

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.

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Michael Jordan's house, which is down nearly 50% in value, comes with rare $40000 table - Sportskeeda

Michael Jordan's house, which is down nearly 50% in value, comes with rare $40000 table.

Posted: Fri, 04 Aug 2023 07:00:00 GMT [source]

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.

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.

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.

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.

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.

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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.

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.

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.

michael jordan house chicago

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.

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