Michael Jordan Puts Chicago-Area Estate Back in the Game

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Michael Jordan home basketball court
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By Erika Riggs

Just two days after an auction failed to sell Michael Jordan's home, the sprawling, Chicago-area estate went back on the market. Although the auction had a minimum reserve of $13 million, the price tag on the home is now $16 million. The list price is still quite a cut from Jordan's original ask; he listed it in March 2013 for $29 million and later dropped it to $21 million.

Jordan designed the home in 1995, putting a mix of his own touches on the property, including a full, regulation-size basketball court (pictured above) with a locker room, and security gates emblazoned with the historic number 23. But Jordan is ready to move on and told the Wall Street Journal: "My kids are grown now, and I don't need a large house in Chicago."

Besides, he has large estates elsewhere. He constructed a 28,000-square-foot home in 2010 and recently bought additional lots for $4.8 million to expand the home. In 2013, Jordan married his longtime girlfriend and also purchased a coastal home in North Carolina. He is majority owner of the NBA's Charlotte Bobcats and the house is about 30 miles from the team's arena.

Jordan's Chicago home measures a whopping 56,000 square feet on 7.39 acres. The house includes 9 bedrooms and 15 bathrooms, as well as a cigar room and movie theater. Outside, the grounds have a golf course, pool and spa.

The home listing is held by Katherine Chez Malkin of Baird and Warner.

MICHAEL JORDAN'S CHICAGO-AREA ESTATE:
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Michael Jordan House Up for Auction
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Michael Jordan Puts Chicago-Area Estate Back in the Game

Set on 7.39 acres just north of Chicago in suburban Highland Park, this longtime personal residence of Michael Jordan has 56,000 square feet of living space, with 9 bedrooms, 15 full bathrooms.

The master suite (not pictured) is an inviting 504 square feet, set into a curved wall with windows overlooking the landscaped yard.

The gate of Michael Jordan's residence bears his jersey number, 23, that has since been retired by the Chicago Bulls.

The property has 15 heated garage spaces.

The 7-plus acres are surrounded by a living fence of 150 mature evergreens, "creating an envelope of unparalleled privacy," according to the marketing materials from Concierge Auctions.
This basketball legend of course has a regulation-size, NBA-quality basketball court in the home. 

The full-size basketball court, which is attached to the main residence, has cushioned hardwood flooring, adjustable backstops and baskets, competition-quality lighting, a custom sound system and locker rooms and showers.
 

The home is nestled in Highland Park, Ill, a tony suburb off Lake Michigan that is about 20 miles north of northern Chicago. On the property is a stocked pond and more than 100 mature Colorado Spruce trees.
Given Michael Jordan is an avid golfer, the grounds also contain a golf course.
The home is located at 2700 Point Lane, Highland Park, Ill. A previous attempt to sell the home in 2012 did not turn up any buyers who could close the deal.

All the equipment in the high-tech Fitness Studio will stay, including Michael Jordan’s personal treadmills, elliptical trainers, Stairmasters, Precor bike, Cybex arc trainer and free weights to keep the buyer in peak form.

The natural light-filled casual dining area with rotunda skylight has easy access through the floor-to-ceiling terrace doors for al fresco dining. 
"The contemporary main kitchen is a masterpiece of both design and functionality," according to Concierge Auctions. It includes a ventilated island food prep area with gas Gaggenau cooktop, double convection ovens, a combination steam oven, two dishwashers and a breakfast bar.
While many areas of the home provide a cozy, intimate setting for friends and family, the public living areas welcome guests to expansive, light-filled rooms, according to Concierge Auctions.

The Guest Wing has 3 bedrooms with en suite bathrooms. There is also a living room, outdoor terrace, and a gourmet kitchen. The guest kitchen has a Gaggenau gas cooktop, Gaggenau convection oven, sub-zero under-cabinet refrigerator, Gaggenau dishwasher, Panasonic microwave. There is also a Whirlpool washer and dryer.

The outdoor entertaining area has a fireplace and a Wisconsin limestone terrace.

The outdoor landscaping is essentially an extention of the indoor living spaces.
There is also a waterfall feature.
There is a card room with cove ceilings. Also, the Gentleman’s Retreat has a billiard parlor, fireplace, library, and a full wet bar.​ 
The Gentleman’s Retreat also has the original doors from the Playboy Mansion.
In addition to also having a tennis court, Michael Jordan's residence also has a full-service beauty salon, a 500+ bottle wine cellar, and a home theater.
Floor-to-ceiling windows frame the family room. There is also plush carpeting, a built-in aquarium, and a fireplace. A series of 10 floor-to-ceiling windows, cove ceilings and a circular design also add to the style of the living room.

This circular lounge with leather seating looks out to the basketball court.  It has a built-in HDTV and sub-Zero under-cabinet refrigerator.

The formal dining room, as seen through the doorway behind this kitchen, has lower ceiling heights drops to create an intimate, warm ambience, ripe for conversation over dinner and drinks, according to Concierge Auctions. The room also can display large works of art with ease.
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More articles about NBA stars' homes:
Michael Jordan Returns to Roots, Buys in North Carolina
Retired Laker Mitch Richmond Lists Ultimate Guys' Crib With Sports Bar, Basketball Court
Miami Heat's Chris Bosh Lists Pacific Palisades Home for Rent

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