The Last Dance documentary chronicled Michael Jordan’s triumphant career with the Chicago Bulls. But The Last Chance could describe the fate of his famed Chicago home that’s languished on the market for years.
The icon’s Highland Park, Illinois home was recently price-chopped again, listed for $14.9 million (roughly half its original $29 million ask price). On the market since 2012, 2700 Point Lane has attracted some renewed interest following ESPN’s critically-acclaimed Jordan documentary. It may be Air Jordan’s final trophy from his Bulls heyday.
Chicago’s real estate market has been as rude to Jordan as the Detroit Pistons’ “Bad Boys” defense. The flat market during the current coronavirus pandemic might better explain the recent price slash.
Word on the street says the 56,000-square-foot estate is stymied by a highly customized design tailored to Jordan’s career and hobbies, including Air Jordan logos and his famous No. 23 front gate (still a drive-by selfie landmark). Still, the customization is tasteful—not over the top.
The estate’s salability relates more to the price and size for the area, says Compass’ broker associate Katherine Malkin, who has the listing. She says it’s difficult to find qualified candidates who can maintain such a large property. The listing is about 30 times the median price of homes in the upscale Chicago suburb, according to Business Insider.
“Most people in Chicago who can financially maintain an estate this size would have built on the lake,” says Malkin. “But Michael chose privacy over the lake—with location near the expressway and practice facilities. The house comes furnished. Michael Jordan has extraordinary taste.”
The 7-acre property is privatized by immaculate landscaping, evergreen trees, a forest preserve, fish pond, and a long driveway from the front gate. Built from scratch, the house is a residential monument to Jordan’s immense athletic and business success, featuring nine bedrooms, 15 full baths, four half baths and a 14-car garage.
The home has a soaring triple height front entrance, a double grand staircase, floating island kitchen, large bedroom suites, marble floors, and plenty of natural light. Bronze, brown and black palettes are a common theme.
But the bell-and-whistle amenities stand out most—a regulation-sized basketball gym, circular infinity pool (with grass island), putting green, tennis court, card room, game room, cigar room (with air filtration), wine cellar, and a huge workout room.
“It’s a unique home that’s set up like [accessible] pods, thoughtfully laid out as a main house (with kitchen, dining room and bedrooms), a home office, recreational area, guest house and a sports pavilion,” says Malkin. “This would be great for a very large family, especially during this pandemic. It’s like a resort on its own. It has everything anyone would ever need.”
The home was also designed for “The Breakfast Club,” Jordan’s secret teammate society who’d train, practice and indulge in chef-prepared nutritious breakfasts.
“This was a time when everyone on the team understood what it takes to win championships,” says Malkin. Mission accomplished.
Jordan, whose 10-part ESPN documentary The Last Dance just wrapped, reportedly bought the lot in 1991, just prior to the Dream Team Olympic squad and the Bulls epic run of six championships in eight years. Construction on the custom home was completed in 1995 while he was an NBA retiree pursuing a professional baseball career.
According to reports, reclusive Jordan refused to be interviewed at home during ESPN’s The Last Dance documentary about his last 1997-98 run as the Chicago Bulls’ superstar-in-chief. Instead, he sat like a king on a throne, drinking tequila and smoking a premium cigar inside a pristine white oceanside palace (perhaps to soften his ruthless competitive intensity).
For privacy reasons, Jordan was interviewed in three homes, none of which were his, says The Last Dance director Jason Hehir.
“I looked for places that seemed like Michael might live in,” Hehir told Insider. “I knew what his real house looked like and I knew this is a wealthy guy who has certain tastes, so we wanted something to match that.”
Hehir chose open, minimalist estates which might sell quicker than Jordan’s custom home. The NBA superstar won six championships in the time it’s taken to sell 2700 Point Lane. But The Last Dance taught us Michael Jordan never backs down from a challenge. Chicago’s sluggish real estate market is a worthy opponent, but the price cut means he’ll likely prevail. His Highland Park home may be his last tie to Chicago—besides those championship memories.