It is arguably the most famous address in Illinois, maybe even the Midwest. If you drive through the quiet, affluent suburb of Highland Park and reach the end of a long, winding driveway, you’re met by a massive black gate. Emblazoned on that gate is a giant, silver "23." You know exactly where you are. But 2700 Point Ln in Highland Park isn't just a monument to basketball greatness; it has become one of the most fascinating—and frustrating—real estate puzzles in American history.
Michael Jordan has been trying to sell this house for over a decade.
Think about that. The man who conquered the NBA, built a billion-dollar brand, and remains the gold standard for "winning" cannot find a buyer for his own home. It first hit the market in 2012 with a price tag of $29 million. Since then, the price has been slashed, the marketing has gone viral, and yet, the 56,000-square-foot compound sits there, meticulously maintained and eerily empty. It’s a ghost in the machine of luxury real estate.
Why 2700 Point Ln in Highland Park Just Won't Sell
Most people assume a celebrity home sells itself. That’s usually true if you’re talking about a mid-century modern in the Hollywood Hills or a penthouse in Manhattan. But 2700 Point Ln in Highland Park is different. It is "hyper-customized." That is the polite term real estate agents use when a house is so specific to one person's taste that it becomes a burden to everyone else.
Every inch of this property screams Michael Jordan.
It isn't just the gate. The house features a regulation-sized NBA basketball court with his name at center court. It has a cigar room with poker tables and a specific air filtration system designed for heavy smoke. The "Gentleman’s Retreat" features the original doors from the Playboy Mansion in Chicago. While that sounds incredibly cool to a sports fan, it represents a massive renovation bill for a billionaire who just wants a family home.
Most buyers in the $15 million-plus range want a "blank canvas." They want minimalist lines, neutral palettes, and the ability to move in without feeling like they are living inside a museum dedicated to another man’s life.
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The Location Problem
Highland Park is beautiful. It’s wealthy. It’s safe. But it isn’t exactly where the "new money" tech billionaires or international investors are looking to park $15 million. Most of the high-end movement in the Chicago area has shifted toward the city’s Gold Coast or more modern developments in the surrounding suburbs that offer a bit more privacy and a bit less... 1990s grandeur.
2700 Point Ln in Highland Park is a sprawling estate built in 1995. Even with renovations, the floor plan reflects a specific era of architecture. It’s massive. It’s "loud." And quite frankly, the annual property tax bill alone—which has been reported to be around $130,000 to $140,000 even after successful appeals—is enough to make even a wealthy person flinch.
What's Actually Inside the Gates?
If you were to walk through the front doors today, you’d find a level of luxury that most of us can only dream of. The house has nine bedrooms and a staggering 19 bathrooms. Seriously. Nineteen. You could go two weeks without using the same toilet twice.
- The Basketball Wing: This is the crown jewel. It’s a full-sized court with high-intensity lighting and a top-tier sound system. This isn't a backyard hoop; it's a professional facility where Jordan used to host his legendary "Breakfast Club" workouts.
- The Circular Infinity Pool: In the center of the outdoor space sits a massive circular pool with a lush green island in the middle. It’s visually stunning, but the maintenance on a pool of that scale in a Chicago winter is a nightmare.
- The Tropical Solarium: Jordan loved greenery. There’s a massive glass-enclosed room filled with tropical plants, designed to feel like a getaway even when there’s three feet of snow outside in February.
Honesty is important here: the house is beautiful, but it’s dated. The wood finishes, the specific furniture layouts, and the sheer scale of the rooms feel very much like the peak of the Bulls' dynasty. For a fan, it’s a shrine. For a hedge fund manager, it’s a project.
The Price Drop Strategy
The price history of 2700 Point Ln in Highland Park reads like a lesson in market reality. After starting at $29 million, it dropped to $21 million. Then $16 million. Eventually, it settled at **$14,855,000**.
Notice something weird about that number?
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Add the digits together: 1 + 4 + 8 + 5 + 5. It equals 23. Even the price is a tribute to his jersey number. While it’s a clever marketing trick, it also highlights the problem—the sale of the house is being treated like a piece of memorabilia rather than a piece of real estate.
The Myth of the "Tear Down"
There has been constant chatter among local Chicagoans about whether the house should just be torn down. Developers have looked at the land. The problem? The lot is roughly seven acres. While that’s huge for Highland Park, the cost of demolishing a structure of this magnitude and then rebuilding doesn't quite "pencil out" when you consider the current land values in the immediate neighborhood.
You’d spend more on the demo and the new build than you could likely sell the new house for. So, the "Jordan Mansion" stays.
It’s also worth noting that Jordan still pays for full-time staff to keep the place pristine. The lawn is mowed. The windows are washed. The heat is on. He isn’t desperate for the money—he’s Michael Jordan. He can afford to wait. But as every year passes, the house moves further away from "modern luxury" and closer to "historic curiosity."
Who Is the Likely Buyer?
At this point, the buyer for 2700 Point Ln in Highland Park isn't someone looking for a home. It’s someone looking for a trophy.
The most realistic scenario involves a massive Jordan fan with an astronomical net worth—someone from the world of international sports or entertainment—who wants to own a piece of history. There have been rumors of interest from wealthy individuals in Asia and the Middle East where the Jordan brand is still reaching new heights, but nothing has ever made it to the closing table.
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What This Means for the Local Market
Highland Park real estate is generally quite healthy. You can find stunning lakefront properties that move within months. The "Jordan Effect" is a bit of an anomaly. It doesn't reflect a lack of wealth in the area; it reflects the difficulty of selling a home that was built as a "forever palace" for a very specific, very famous human being.
If you’re looking at luxury real estate in the 60035 zip code, you’ll see plenty of competition. Modern farmhouses and sleek, glass-heavy designs are what’s moving right now. The heavy, ornate style of the 90s is a tough sell, regardless of whose name is on the deed.
Actionable Takeaways for Real Estate Enthusiasts
If you’re following the saga of 2700 Point Ln in Highland Park, there are a few practical lessons to be learned about the high-end market.
- Avoid Over-Customization: If you plan on selling a home eventually, keep the "monument" features to a minimum. A gym is great; a gym with your face on the floor is a liability.
- Location vs. Brand: Even a legendary brand cannot overcome a location that doesn't match the price point. If the neighborhood's ceiling is $8 million, asking $15 million is a battle against gravity.
- The Cost of Holding: Taxes and maintenance on a stagnant listing can eat millions of dollars over a decade. Sometimes, the first loss is the best loss.
The saga of Michael Jordan’s mansion is a reminder that in the world of real estate, even the GOAT has to play by the market's rules. For now, the gates at 2700 Point Ln remain closed, waiting for someone who wants to live in the shadow of the number 23.
To track the current status of the listing, you can monitor local Cook County property records or check major luxury portals like Zillow or Compass, though the listing is often handled privately by specialized celebrity brokers like Katherine Malkin of Compass. Keep an eye on the "days on market" counter—it's currently one of the highest in the country for a residential property.