A Look Inside Michael Jordan’s Chicago Mansion

when a celebrity owns a massive mansion and places it on the market everyone's first thought is that it'll be snapped up straight away however for michael jordan that's definitely not the case for his property near chicago in fact it's been on the market for nearly 10 years today we're going to peek behind the curtain and see what features the stunning mansion contains such as the circular infinity pool with an island we'll see if there's a reason why he hasn't shifted the house just yet on top of that we'll explore a couple of his other homes all of which cost millions so let's get started 27 miles from chicago sits the suburban city of highland park illinois there you can find the mansion that michael jordan owns in 1991 around the time he won his first nba championship with the chicago bulls jordan purchased a seven acre lot for a reported two million dollars today that's around 3.9 million dollars over the next four years a 32 700 square foot mansion was constructed from the ground up by 1995 it was done jordan then got full ownership of the abode in 2007. after the divorce with juanita vanoy by 2009 the house underwent extensive renovations yet by march 2012 jordan decided to sell the property with an asking price of 29 million dollars for perspective the current median selling fee for houses in the area is 567 500 making jordan's mansion 51 times more expensive since putting it up for sale jordan has left the property mostly vacant and focused on his other estates yet staff still pop up into the property to keep it clean and tidy however there were no buyers for highland park instead it languished on the market soon it began to rapidly drop in price in 2013 only a year after its listing fell by 13 million to 16 million during 2015 the listing agent at the time tried to use an incentive to attract interest they stated that the buyer would receive every edition of air jordans in their size but still no takers and today the mansion now has an asking price of 14 855 000 nearly half of the original listing fee fun fact if you add up the numbers in the recent listing of 14855 it comes to 23 jordan's iconic shirt number one of the biggest reasons that the house isn't selling according to experts is the huge amount of personalization that jordan has done at the abode mixed with the high price for the area since the estate has been on the market jordan has reportedly paid property tax on the vacant mansion amounting to around 1.3 million dollars in the past 10 years as for the house itself let's take a look at the various features it holds the contemporary style of boat has three levels that contain nine bedrooms and a whopping 15 full bathrooms and four half bathrooms the house also holds five fireplaces all together and features an aquarium in one of the dining rooms whilst another dining room has a table inspired from the streets of baghdad and a kitchen table that has a skylight placed above it the house does come furnished after all one of the property's main selling points is the full-sized nba court complete with jordan branding that was installed in 2001 courts like this can cost as much as 76 000 dollars to construct and that's not taking into consideration the personal touches such as the jumpman logo another feature involves the luxurious wine cellar with a tasting area on the high end the cost to build such a place can be as much as 180 000 while the cost of the many bottles of wine will further increase that hefty fee jordan also has a home theater to kick back and relax within he'll be able to see a film or footage of the charlotte hornets the nba team he bought for a reported 180 million dollars during 2010. the house also has a drop down large screen in the library it's well known that jordan enjoys a cigar so much that he has an actual dedicated cigar room in the house decorated with an intricate ceiling the room also showcases a load of tables created specifically to play poker keeping in the entertainment theme jordan has a game room that contains a pool table the doors to the room are said to be from the original playboy mansion in chicago there's also a full-size gym on site it looks more like a commercial one than a personal gym in someone's home according to one of the listings the gym was used by jordan's chicago bulls teammates every morning at one time not taking into account the equipment construction of a home gym can demand financing of up to 28 thousand just leading up to the property's gate will give you a good idea on who owns it after all it's custom made with the number 23. for an idea for how much the gate alone might have cost according to experts custom gates can be twelve thousand dollars to put together outside the main property there's also a three bedroom guest house a 600 square foot guest house can cost up to three hundred thousand dollars in order to provide extra privacy the whole property had around 150 40-foot evergreen trees placed around one of the main outside features is the beautiful circular infinity pool that has a grass island on its surface as such if you live there with someone else they can sit on the island and chat whilst you enjoy a nice dip there's even a tennis court on site a basic court can cost around fifty thousand dollars to construct while a high-end one can be up to two hundred thousand dollars nearby there's even a putting green for jordan to practice his short game for those wanting more nature there's a pond that's filled with fish for car lovers the estate has three multi-level garages that contain a combined 14 vehicles the nba legend has owned a number of properties across the u.s including one in utah based in park city the house was built in 2006. jordan snapped it up during 2007 for 7.9 million dollars contained with nearly four acres the 9574 square foot mansion has five bedrooms and eight bathrooms all together the mountain contemporary style abode follows a similar interior to his highland park mansion since it's a hillside house it has multiple terraces to take in those mountain views this mansion also features a home cinema one of these typically costs up to fifty thousand dollars however if feeling fancy they can cost far more other features include a steam room a bar a gym a gas bbq with a stone patio and serving area an outdoor pool and a pond there's also a garage with space for six cars there's even an unusual room that purely contains a full-sized golf simulator these devices can be very costly even reaching a hundred thousand dollars but on the bright side you won't have to worry about the weather to channel your inner happy gilmore in 2019 jordan decided to part with the abode by placing it on the market at less than what he paid at 7.5 million dollars in december 2020 it seems the property has been sold to a new owner during 2012 it was announced that michael jordan's new house was finally done after two years of construction it's based in jack nicklaus exclusive golfing community the bear club within jupiter florida according to reports jordan initially spent 4.8 million dollars on the property he then later spent a further 7.6 million dollars on renovations giving us a grand total of 12.4 million dollars due to privacy the house is also littered with massive trees just like the highland park abode the property has a massive 11 bedrooms and the main mansion has a wing dedicated to athletics as such there's also a full-sized nba court of course there's even a media room that's apparently been created within a hard-working ventilation system to cope with the cigar smoke the property consists of three separate areas the main house a pool house and a two-story guard house when jordan moved in the bear club's membership had a reported initiation fee of three hundred and fifty thousand dollars and the yearly cost of twenty five 000 at the time final fun fact finish speaking of basketball the most expensive nba court in the u.s is said to be the iconic new york stadium madison square garden adding together the stadium's construction and the renovation fees over the decades the cost of a new york knicks home is said to be a huge 1.1 billion dollars thanks for joining us today we'll see you next time

Channel: TheRichest

Views: 85,099

Rating: 4.9361701 out of 5

Keywords: Air Jordan, Chicago Bulls, Chicago House, Facts Features, Florida Home, For Sale, Golf Simulator, Infinity Pool, Jack Nicklaus, Madison Square Garden, Michael Jordan, Most Expensive, NBA Court, Utah Home, Worth Millions, the richest, therichest

Id: Dn7AnHZnb8A

Length: 8min 35sec (515 seconds)

Published: Sun Apr 18 2021