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Basketball Icon Michael Jordan is Struggling to Find a Buyer for His Longtime Home Near Chicago

The seven-acre estate was the home court for Jordan’s Breakfast Club — that propelled the Bulls to six NBA Championships.

michael-jordan-house-in-chicago

There were many memorable moments in the Netflix/ESPN collab documentary The Last Dance, the popular and somewhat controversial miniseries that took an in-depth look at the Chicago Bulls’ dynasty through the lens of the final championship season in 1997-98.

But fans who thought they were catching brief glimpses of Michael Jordan’s house during his interviews for The Last Dance were sorely mistaken.

michael-jordan-in-the-last-dance-documentary
Still shot from the Netflix documentary The Last Dance. Image credit: Netflix

The basketball legend, famous for his privacy, did not invite the filming crew (or the show’s audience, for that matter) into his personal home, but instead chose to film his interview in three separate locations — one more lavish than the other.

Nevertheless, if you’ve taken notice of the palatial houses Michael Jordan was filmed in, and thought they might be rooms in his actual residence, know that the real thing is even more impressive.

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A behind-the-scenes photo taken while filming the Netflix documentary The Last Dance. Image credit: Netflix

And we know that for a fact, as Michael Jordan’s house outside of Chicago — often referenced in the miniseries, particularly as the home court for Jordan’s Breakfast Club pre-practice workout — is on the market, with Katherine Malkin of Compass in charge of the listing.

Michael Jordan’s house has been on the market for close to a decade

The house — along with the 7-acre property it sits on — has been Michael Jordan’s home since 1991, when he won his first of six NBA championships playing for the Chicago Bulls.

michael jordan house
Michael Jordan’s house, exterior. Image credit: JS Eckert Photography via Compass

At the time, the basketball legend and his then-wife, Juanita Vanoy, paid $2 million for the property. They later invested heavily into customizing and upgrading the 9-bedroom home, adding unique features — including a pool anchored by a grass island.

Following Jordan’s divorce from Vanoy, the Bulls player decided to part ways with the two-story home. He first listed it for sale in 2012 with a whopping $29 million asking price, the Highland Park home failed to attract interested buyers.

What followed was a streak of price adjustments: according to the New York Post, one year after the property first hit the market, in 2013, the price fell to $21 million. It was then relisted the same year for $16 million. Jordan has not budged on a new price since it hit $14.8 million in 2015.

Fun fact: as Business Insider wittingly pointed out, the numbers in the property’s listing price — 1 4, 8 5 5, 0 0 0 — add up to 23, Jordan’s basketball jersey number (also proudly plastered on the property gates).

The entrance to Michael Jordan's house is marked by a personalized gate showing his jersey number, 23.
The entrance to Michael Jordan’s house is marked by a personalized gate showing his jersey number, 23. Image credit: JS Eckert Photography via Compass

And while that might sound hefty, as the listing notes, the property has been fitted with every conceivable luxury amenity.

An iconic property, fit for a basketball legend

The NBA superstar’s home was built at the height of his career, and comes with 9 bedrooms, 14 parking spaces, and some pretty out-of-the-ordinary customizations — including a door taken straight from the Playboy mansion.

Jordan himself built the entire home from the ground up over the course of four years, finishing construction in 1995. The massive 56,000-square-foot house then went through another extensive renovation a few years later, in 2009.

michael jordan's house in chicago
Michael Jordan’s house, living room. Image credit: JS Eckert Photography via Compass

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.

Michael Jordan’s house, kitchen. Image credit: JS Eckert Photography courtesy of Compass
michael jordan's house in chicago, dining room
Michael Jordan’s house, dining room. Image credit: JS Eckert Photography courtesy of Compass
Michael Jordan’s house, cigar/entertainment room. Image credit: JS Eckert Photography courtesy of Compass

Unsurprisingly, the custom-designed home includes a regulation-sized basketball gym. But there’s also a circular infinity pool, putting green, tennis court, and cigar room, each with Jordan’s signature touch. There’s also a three-bedroom guesthouse on the premises — which likely saw its fair share of sports celebrity guests over the years.

Michael Jordan's house, basketball court
Michael Jordan’s house, basketball court. Image credit: JS Eckert Photography courtesy of Compass
michael jordan's house in chicago, cigar room
Michael Jordan’s house, cigar room. Image credit: JS Eckert Photography courtesy of Compass
outside michael jordan's house in chicago
Outside Michael Jordan’s house. Image credit: JS Eckert Photography courtesy of Compass

The Chicago-area house is part of basketball history

Despite Jordan’s private nature, his Chicago-area home ended up playing a crucial part in the success of his team — and even inspired a new generation to strive for greatness.

The 56,000-square-foot property is located in Highland Park, a community set 25 miles outside of Chicago.

And Michael Jordan was not the only member of the Bulls to call Highland Park home; Scottie Pippen, Toni Kukoc, B.J. Armstrong, and even GM Jerry Krause all lived in the area, as it was within proximity to the team’s practice facility in neighboring Deerfield.

Which means it only made sense that Michael Jordan’s house would serve as the location of the Breakfast Club — Jordan’s pre-workout routine, where Scottie Pippen, Ron Harper, and Randy Brown would join him as early as 5 am to get in some serious reps (before chowing down on a big breakfast and heading for regular practice).

INGLEWOOD, CA- JUNE 12: Chicago Bulls celebrates following Game Five of the 1991 NBA Finals on June 12, 1991. Copyright 1991 NBAE (Photo by Andrew D. Bernstein/NBAE via Getty Images)

Impressive as it may be, MJ’s house seems to have had the biggest impact on Derrick Rose — the only other player in Bulls franchise history (besides Jordan) to win both the Rookie of the Year and MVP Award.

In an interview, Derrick Rose opened up about the time in high school when he got to visit Michael Jordan’s house and the impact it had on him; Rose, who was friends with Jordan’s two sons, was living in Englewood, one of Chicago’s most precarious neighborhoods.

After seeing the house Jordan’s family lived in, he distinctly remembers telling himself that one day, he too will live in a lavish home and get his mom out of poverty.

Derrick Rose went on to become the first Bull since Jordan to make an All-Star team. 

Why has Michael Jordan’s house lingered on the market for such a long time?

michael jordan house
Michael Jordan’s house, exterior. Image credit: JS Eckert Photography courtesy of Compass

First off, there’s one thing we need to get out of the way: million-dollar homes often take a long time to sell — and the higher the price point, the longer the quest to find the right buyer.

Regardless of the celebrity status of their owners, mansions priced over $10 million dollars — especially those set outside of luxury hot-spots like Los Angeles or New York City — take years to find the right buyer. Just ask 50 Cent, whose massive compound in Farmington, Connecticut took 12(!) years to sell.

Then, there’s also the level of customization. Michael Jordan spent millions to customize the home to his liking, but individual tastes don’t always match those of interested buyers.

In fact, the more customized the home is, the harder it is to find the right buyer for it. The best example is Shaquille O’Neal’s iconic house in Florida, that bounced on and off the market for years, with no takers.

*This article was first published on June 25, 2020 and was recently updated to reflect the current state of the property.

More sports celebrity homes

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Serena Williams’ House in Florida is Bold and Beautiful, Just Like Her
Netflix Doc Sparks Renewed Interest in Aaron Hernandez’ Former Home
Houston Rockets Guard Ben McLemore is Selling His Los Angeles House

Written by Georgie Mihaila

With a decade-long career as a digital content creator, Georgie started out as a real estate journalist for Multi-Housing News & CPExecutive. She later transitioned into digital marketing, working with leading real estate websites like PropertyShark, RENTCafé and Point2Homes. After a brief but impactful stint in the start-up world, where she led the marketing divisions of fintech company NestReady and media publisher Goalcast, Georgie returned to her first passion, real estate, and founded FancyPantsHomes.com

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