Table Of Content
- Renovated Kitchen
- What was the listing price for Michael Jordan's house located at 103 W. Bears Club Drive?
- Tennis Court
- NASCAR Champ Tony Stewart relists sprawling Indiana ranch with fresh price tag of $22.5M
- Regulation Basketball Court
- Real Estate
- Fulton Market developer creating a life sciences campus, including neighborhood’s first public park
- 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 reason why this home has been on the market for over a decade is because it’s too personalized to Michael Jordan himself. For those interested in purchasing the multimillion-dollar property, you’d have to spend additional money to make this home your own. The athlete’s name is also over the house, along with his kids’ names on the basketball court and Jordan-branded flags all over the golf course. When Michael Jordan put his home up for sale in 2012, he was hoping that someone would take it off the market for a whopping $29 million.
Renovated Kitchen
In 2015, the agent working to sell the house at the time promised that the buyer would also receive every single edition of the Air Jordan ever produced, in their size – but that didn’t work either. 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. Not only does the mansion have an infinity pool in the yard, but the pool has a small private island in the middle with a little bridge connecting to it. At the entrance of the private driveway is a grand entry gate bearing Michael Jordan’s famous Chicago Bulls shirt number 23. This level of personalisation is perhaps the reason why the property has failed to sell.
What was the listing price for Michael Jordan's house located at 103 W. Bears Club Drive?
One set of doors have been taken from the original Playboy Mansion in Chicago, and they lead to a game room with a pool table. So let’s take a closer look at this extravagant 56,000 sq ft house in an attempt to discover the real reason why it’s struggling to find a buyer. At the time of the sale in 2023, the 8,000-square-foot condo was the third-highest home price in the Chicago area. 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. A late 2013 auction was not a success, when buyers who were willing to pay at least the $13 million reserve price for the estate failed to materialize. He chose that asking price because the digits add up to his playing-career uniform number of 23.
Tennis Court
It’s the residence that he and wife Yvette Prieto currently reside in with their twin daughters, Victoria and Ysabel. For 19 years, basketball legend Michael Jordan, who is at the center of ESPN's The Last Dance documentary, lived in a sprawling Highland Park, IL, mansion. He put the 56,000-square-foot home, which boasts nine bedrooms and 19 bathrooms, up for sale in 2012 and it has yet to sell. Michael had the house built to his specifications, including an indoor swimming pool, an indoor basketball court, a skylight above the kitchen table, and massive front gates adorned with his famous number 23.
NASCAR Champ Tony Stewart relists sprawling Indiana ranch with fresh price tag of $22.5M
Michael Jordan may have retired from basketball long ago, but fans will get to see him in action once again (on screen), thanks to the new ESPN documentary The Last Dance. The 10-part series will document Jordan's last season with the Chicago Bulls (via CBS Sports). Now that the star has come back into the spotlight, it's no surprise readers are curious to learn about his life after basketball.
Juanita Vanoy's former house sold for $6.82 million; ex-husband Michael Jordan's mega-mansion remains unsold for ... - Sportskeeda
Juanita Vanoy's former house sold for $6.82 million; ex-husband Michael Jordan's mega-mansion remains unsold for ....
Posted: Tue, 27 Jun 2023 07:00:00 GMT [source]
Regulation Basketball Court
Michael Jordan’s enormous Chicago mansion has been on the market since 2012. 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. Needless to say, the Basketball icon has been from state to state, with multiple mansions and properties that he’s lived in. Only time will tell if his Chicago estate will sell for the the bargain price of $14M. Lowering the price even more would definitely cut into any profit margin the basketball legend might want to see from his home of 19 years.
Real Estate
The gates, the cigar room, and the unmistakable basketball court all give a nod to His Airness. Aside from these areas, the $14.9 million mansion also features nine bedrooms, 19 bathrooms, a library, a wine cellar, a poker table, an infinity pool, a gym, a fish pond, and many others. The mansion, originally priced at $29 million, has tried everything from lowering the price down to $14 million to offering free pairs of Air Jordans with the purchase of the home. It seems like this Chicago mansion has everything you need from a basketball court, a golf course, a tennis court, a pond, a large pool, lounges and just about everything else you can think of. But, the reason why this mansion is having a hard time selling isn’t because of the cool amenities.
Fulton Market developer creating a life sciences campus, including neighborhood’s first public park
Jordan also owns residences in Utah, Florida, and his home state of North Carolina. 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. The 56,000 square foot property-equipped with every conceivable luxury amenity-is a physical monument to his tireless dedication and hard work.
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 best example is Shaquille O’Neal’s longtime home in Florida, which bounced on and off the market for years. Michael Jordan spent millions to customize the home to his liking, but individual tastes don’t always match those of interested buyers. 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.
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. But perhaps the most astonishing fact about this mansion is that it boasts 19 bathrooms – 15 of them full sized. Just outside the basketball court is a meeting area where Michael undoubtedly spent time with his former Bulls teammates. 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.
Jordan's custom-built home on 3.05 acres is likely the largest, according to the Palm Beach County Property Appraiser's website. The house was listed in November 2023 at $18.5 million, according to the multiple listing service, or MLS. While the deed recorded last month shows a sale price of $16.5 million, the sale price on the MLS is $17 million, possibly reflecting the inclusion of other items such as furniture. Our private dining offers an exceptional, personalized experience with the level of quality that lives up to the prestige of a legend. 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.
Although His Airness’ listing price today of $14.85 million is almost exactly half of the $29 million amount that he once had sought for the nine-bedroom mansion and its 7.37-acre property, he still has found no takers. And he has clung to his current $14.85 million asking price now for almost seven years. But while the home is luxurious at best and carries a lot of Jordan’s history, he has yet to unload the property to a buyer. Based on reports, one of the major reasons Jordan has yet to sell the mansion is because the house is too customized for Jordan.
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. 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. Which leads to another reason why people might not want to purchase the home.
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