Videos by OutKick
We’re living in an era where a digital painting is purchased for $69,000,000 and you’re telling me there isn’t some Bitcoin nerd out there who has $14,855,000 to spare to buy Michael Jordan’s Chicago house? What the hell is going on with this world?
MJ has now been trying to sell this house for over NINE YEARS! The iPhone 5 hadn’t even been released yet when MJ fired this house onto the market for a whopping $29,000,000. This house has been on the market so long that Kentucky was about to win its last national championship when this house was listed. To put it in perspective as to how long this house has been for sale, MJ listed this house just a few months after Michigan’s last win over Ohio State on the gridiron — it’s been 3,404 days since Wolverine football last tasted success against the Buckeyes.
And yet here we are firmly into the NFT, Bitcoin, trading market craze, auction prices at all-time records and yet Michael Jordan’s beautiful Highland Park, Illinois mansion and all the history the comes with it just sits on the market. We’re talking about a
From MJ’s realtor Katherine Malkin with Compass:
NBA Superstar Michael Jordan’s seven-acre estate is as legendary as His Airness himself. The 56,000 square foot property-equipped with every conceivable luxury amenity-is a physical monument to his tireless dedication and hard work. The custom designed property includes a regulation-sized basketball gymnasium, circular infinity pool, putting green, tennis court, and cigar room, each with Jordan’s signature touch.
There are a couple of things that are probably deterring potential buyers. The location of this megamansion is very strange. There are railroad tracks just to the east of the property that have to be a pain in the ass to really rich people, even though they have all the best soundproofing known to man. You could be out playing tennis and a locomotive could be chugging by blaring its horn. The other issue might be the $127,909 in taxes. If you have the $15M to buy the house it shouldn’t be a problem, but it’s still a pile of cash each year.
The great news is that Costco is just six miles up the road while Whole Foods is just 8 miles. Starbucks and Cheesecake Factory are just six miles as well. In other words, MJ put this estate in the heart of it all. And if you play for the Bulls, the United Center is a quick 27 miles south.
Mortgage: About $52,000/mo. before you start thinking about hiring security teams to watch out for shenanigans over on those railroad tracks.
7 CommentsLeave a Reply
Rename it NorthWest Graceland and have tours.
I like that, Craig…you’re onto something!!!
what sane person wants a chicago estate? who wants to live there? the city of corruption and bad sports? Chicago Pizza sucks and its Cold 9-10 months of the year!!
Jordan can afford to keep the house and even he doesn’t want to 😎 – ‘cause he gets audit by Illionois IRS every year as long as he owns property in the state. NY and Cali do this too.
Waiting for it on Airbnb
Illinois is a garbage state
Personal checks accepted?
My guess is anyone that can afford that house is just as successful at their job as MJ is at his job. The whole “MJ’s house” appeals to us plebians and the Realtor, but probably not to their buyer. Plus, a train chugging by kills the whole vibe.