Michael Jordan’s Chicago Mansion Still on the Market After 10 Years

NBA legend Michael Jordan’s Chicago mansion is still on the market after 10 years. It seems like nobody wants to buy the mansion.

After failing twice to sell his estate at auction, in 2014, Jordan relisted his Highland Park, Illinois estate for $16 million. After failing to sell his estate for $16 million, Jordan briefly removed his estate from the market. The NBA Superstar and apparel mogul placed his home back on the market with The Agency for $14,855,000, significantly reduced from the $29,000,000 price tag.

The NBA legend believed he will have better luck selling his home with the sale price set at $14,855,000. Why? The numbers in the sale price add up to 23.

Well, he still has had no luck selling his home. Jordan’s Chicago estate is still on the market, after 10 years, despite listing twice and cutting the price nearly in half. The apparel mogul is paying more than $130,000 in annual property taxes.

Set on 7.39 immaculately landscaped acres just north of Chicago, the longtime personal residence of Michael Jordan offers the ultimate in privacy and luxury. This secluded compound includes 56,000 square feet of living space, with 9 bedrooms, 15 full and 4 half bathrooms, and, as one might expect from this basketball legend, a regulation-size, NBA-quality basketball court — all surrounded by a living fence of 150 mature evergreens, creating an envelope of unparalleled privacy.

While many areas of the home provide a cozy, intimate setting for friends and family, the public living areas welcome guests to expansive, light-filled rooms. Floor-to-ceiling windows frame the family room, an exercise in understated elegance with plush carpeting, a built-in aquarium, and a fireplace. Likewise, in the soaring two-story living room, a series of ten floor-to-ceiling windows make the dramatic outdoor landscaping as much a part of the room as the cove ceilings and circular design.

Luxurious Suites

The property includes nine bedrooms, with six located in the primary residence. All include spacious closets and en suite bathrooms. The master suite (not pictured) is an inviting 504 square feet, set into a curved wall with windows overlooking the landscaped lawn. The master bedroom shares a three-sided fireplace with a private lounge and the master bathroom. His-and-hers closets, a dressing and make-up area, and a sky-lit bathroom complete this luxurious suite.

The Entertainment

This is where it all happens. Where the good times roll. Tucked away on the lower level of the primary residence, you’ll find a card and cigar room with a custom-built, walk-in humidor, a wine cellar, wine tasting room, sitting room, and a fully equipped in-house beauty salon. The card room is richly appointed, ready for rounds of poker late into the night, and includes a built-in HDTV, an intricately patterned cove ceiling, and recessed lighting. The 500+ bottle wine cellar is an oenophile’s delight and is completely climate and humidity controlled.

This richly appointed suite hearkens back to another era, with a billiard parlor, fireplace, library, and full wet bar for your drinks of choice. But even classics can be improved upon, in this case with a conversation starter that will never stop: The entrance to this private sanctuary includes the original doors from the Playboy Mansion in Chicago. The Gentleman’s Retreat also includes a video screen that descends from the ceiling for your viewing pleasure.

Fitness Studio

With the legendary MJ behind this fitness studio, you can imagine the caliber of its equipment. And you’d be right. All the equipment will stay with this extraordinary high-tech studio, including Jordan’s personal treadmills, elliptical trainers, Stairmasters, Precor bike, Cybex arc trainer, and free weights to keep you in peak form.

Play like Mike

In 2001, this full-size, regulation basketball court was built to Michael Jordan’s exacting specifications. It features specially cushioned hardwood flooring, adjustable backstops and baskets, and competition-quality, high-intensity lighting. The court also includes a custom sound system with speakers expressly tuned for the court space.

Michael Jordan's Chicago Mansion

Adjacent to the basketball court is locker rooms and showers, as well as a circular lounge with comfortable leather chairs and a built-in HDTV. The lounge boasts a glass observation overlook where spectators can comfortably enjoy the action on the basketball court. The gymnasium opens to additional outdoor recreational areas like the tennis court and putting green. To ensure privacy from the main house, if desired, the facility has a separate entry and a nearby parking area.

Indoor Meets Outdoor Living

The pool pavilion was built in 2009 and links the primary residence with the guest wing. The design is a stunner, including a retractable electric canopy that, with the touch of a button, can transform the enclosed room into an extraordinary indoor/outdoor experience geared for entertaining.

Fresh air and sunlight by day, cool breezes, and twinkling stars by night. A built-in 110” rear-screen projection system with state-of-the-art surround sound system and a full-sized bar further enhance the entertaining possibilities, while telescoping floor-to-ceiling windows on both sides can be fully opened to the outdoor pool and terrace.

About Highland Park

Located 23 miles north of Chicago with easy access to the city, Highland Park boasts some of the region’s most beautiful and exclusive homes. Here, residents enjoy small-town comforts with big-city advantages, with a strong emphasis on recreation and culture. The Chicago Symphony summers in Highland Park every year, and the city plays host to the well-known Ravinia Festival, an open-air concert series during the summer. With lakefront parks and beaches on Lake Michigan, Highland Park has plenty of outdoor activities to keep residents busy, and its bustling downtown shopping district is a strong indicator of the vibrancy of this community.  

Photo Gallery

 

Forever Mogul Team
Forever Mogul Teamhttp://forevermogul.com
ForeverMogul Magazine works with a talented group of writers from around the world. Stay connected to ForeverMogul Magazine as we share in depth premium content in three primary channels - Mogul Business, Fine Living, and Philanthropy. We love to hear your opinions and suggestions, but most of all, we love to interact with you. You can follow us on Twitter and Facebook by clicking on the links below or you can always contact us here.
- Advertisement -
- Advertisement -

Stay in the Loop

Subscribe to get the latest news, articles, and exclusive content from Forever Mogul straight to your inbox.

Latest News

Speed to Market: How Startups Can Beat the Competition

In today’s fast-paced entrepreneurial landscape, getting your startup idea off the ground is just the first step. The real...
- Advertisement -

More Articles Like This