Michael Jordan’s Chicago Mansion on the Market for 10 Years, Photos
Anyone approaching the ground can immediately tell that this estate belongs to the legendary No. 23, Michael Jordan — and that may be what’s keeping it from being sold. “It’s clearly his home,” said Bruce Bowers of Bowers Realty Group. “… There’s a lot of work that would have to be done to make it yours.”
Source: Business Insider
The long drive from the gate and the lush trees ensure that the house has complete privacy.
Jordan built the house—and the surrounding property—from the ground up to his personal tastes.
… the interior is just as impressive. When guests first walk in the front door, they are greeted by this view, which includes a piano in the background.
And here’s a look at another living space called “the great room”—that’s not the only great room around the house, though.
Jordan’s luxurious taste is even seen in details such as doors. The set of doors you see below are from the original Playboy Mansion in Chicago.
Of course, since this is the former home of Michael Jordan, there is a full-court basketball court. It is the centerpiece of the house.
… and the Jumpman logo in center field, which includes his children’s names — his daughter’s name is not visible.
While guests wait their turn on the court, they can hang out in this seating area.
Moving towards the dining room, guests could eat at this ‘Baghdad table’.
Detailed dining areas are somewhat of an issue. Here we can see a beautiful skylight placed perfectly above the kitchen table.
In one of the dining rooms just off the kitchen, there is a large aquarium built into the wall.
There is also a cigar room, which has been intricately decorated with a detailed ceiling.
The cigar room also has several card tables where we assume Jordan played a few high-stakes poker games — after all, he’s known for his love of gambling.
Another luxurious part of Jordan’s estate is the extensive wine cellar.
The upstairs library is said to have been MJ’s favorite room. It has a folding movie screen.
Between the house and the patio, there is another TV room with a 110-inch screen.
This place was an indoor pool. Jordan renovated it after he moved in and added sliding walls on both sides that can make the gathering room either indoor or outdoor, depending on the mood and the weather.
The house is fully furnished, although some of the pieces may be a little old.
Despite how awesome the house looks, it has been on the market since 2012. Jordan tried to auction the house in 2013, but the minimum bid of $13 million was never reached.
Jordan said: “Many of the world’s most desirable items are sold at auction and Concierge Auctions is the undisputed leader when it comes to auctioning unique properties.”
MJ’s estate remained unsold despite efforts to get creative, including marketing to rich people in basketball-crazy China.
In 2015, the agent working to sell the home at the time promised the buyer would also receive every Air Jordans edition in his size — but that didn’t work out either.
Adam Rosenfeld of luxury real estate startup Mercer Vine told Marketwatch in 2016 that Jordan likely had trouble selling the home because of all the customization.
Rosenfeld said the home also isn’t in an area where wealthy celebrities are looking for homes. Gail Lissner of Integra Realty Resources called the area “much more modest” than Jordan’s property suggests.
Source: Marketwatch, Business Insider
However, there is no need to worry about the house rotting away while it remains unsold. The house is still inhabited by staff that Jordan used to keep it fresh.
Source: The real deal
Jordan still pays a lot in property taxes. The annual bill is more than $130,000, and Zillow estimates he’s paid more than $2.5 million in property taxes since he put it on the market in 2012.
One problem is that Jordan may feel his celebrity adds value to the home, but, according to Westside Agency’s Stephen Shapiro, people don’t pay more for a home just because someone famous owned it.
Source: The real deal