Monday, April 29, 2024

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

michael jordan house chicago

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.

Renovated Kitchen

Below, we take a closer look at the house and why it's struggling to find a buyer.

michael jordan house chicago

... and 19 bathrooms.

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.

In one of the dining areas just off the kitchen, there is a large aquarium built into the wall.

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.

One is that the home is highly customized, with the number 23 and Jordan’s iconic Jumpman logo. Many areas in the house also have a decidedly 90s vibe, which is not shocking as Jordan built the house during his and the Bulls’ heyday. There is also Jordan’s personal trophy room that has his trophy cases still intact. Although, the Bulls logo from the old Chicago Stadium is no longer part of the floor.

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Jordan had the house custom built from scratch to suit his taste. Outside, there's an infinity pool ...

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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.

YouTube star FaZe Rug lives in a lavish $4.4M mansion in Poway, CA

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 Bear’s Club, Florida

The outdoor space — which totals over seven acres — is undoubtedly impressive and sprawling, with a tennis court, an infinity pool, and a putting green. Another home the retired NBA star spends time in is his $2.8-million lakefront mansion in Cornelius, N.C. The 12,310-square-foot lakefront property is just outside the city. Fox Sports reported Jordan purchased the home in 2013 — right around the time he failed to auction off his Chicago mansion. The property is located on the intersection of Lake Norman and the seventh hole of The Peninsula Golf Club.

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 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.

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.

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.

From our seasonal cocktails featuring Cincoro, a premium tequila developed by MJ and friends, to our deep wine list that features selections from MJ’s personal collection, you’ll find the perfect drink for your meal. 7495 Purple Sage | Offered at $7,500,000 | 5 beds, 8 baths | Listed by @jake_doliney, @charlieparkcity and @parkcityrealtor. MJ lived in the main house for more than 19 years, and the house comes fully furnished – although as you can see, some of the pieces are a tad dated. Moving along to the dining room, guests are invited to sit and eat at a “Baghdad table” – so called because the street grid seen on the tabletop is that of the Iraqi capital. Now, an average of 600,000 people per year visit the property to walk in the footsteps of the singer many say stole his style from Jackie Wilson, Little Richard, and Roy Hamilton.

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