![]() You know…if my father was still alive and I bought this place and showed him the pictures he would say “You paid WHAT for THAT? Boy, they saw you coming!” And that’s why I’m not buying it. But that’s a pretty steep price for unfinished space. And when I say unfinished I mean unfinished. That’s a pretty precise price so how did they come up with it? Well, the unit is 6028 square feet and that price just happens to work out to $1800/ square foot. Just a couple of days ago the unfinished penthouse at the Ritz Carlton at 118 E Erie hit the market listed at $10,850,400. Ritz Carlton Penthouse Raw Space For $10.9 MM Here is the listing, with a full set of photos: 189 E Lake Shore Dr., unit 17īest I can tell this condo was previously owned by Evangeline Haarlow, who appears to be some sort of patron of the arts living in Naples, Florida. Property taxes of $83,308 based upon an estimated market value of $5 MM.Plaster moldings, marble floors, master suite with his/hers dressing rooms and baths plus sitting room. Fabulous north, east, south views of lake, beach, city skyline. Stunning and bright full floor custom renovation of magnificent approximately 8000 sqft Mayfair condo. ![]() Here is the MLS description and a few stats on the place: It is also the highest priced condominium sale of the year. Unit 17 just closed for $7 MM, without ever really hitting the market. sit on what I think is Chicago’s best and most prestigious street, once home to Oprah Winfrey. The Mayfair Condominiums at 189 E Lake Shore Dr. Or if you want to live in Highland Park on more land you can buy this 6100 square foot home at 2000 Ridge Rd for $17.5 MM. My most comprehensive post about the auction itself: Auction of Michael Jordan’s houseĬurrent listing for the house: 2700 Point Lane, Highland Park, IL So who is going to pay more than $13 MM for a house that we already know nobody is willing to pay at least $13 MM for? And let’s not forget all the discussion leading into the auction about how an auction was the way to go and auctions get the best price and there was more interest than anticipated. So his house wouldn’t sell at auction for at least $13 MM so what are they doing – at least for the time being? They are putting it back on the market at $16 MM. ![]() Michael Jordan’s House Relisted After Failed Auction So I’m tossing in a few other recent stories today about some other Chicago luxury properties that got my attention over the last few days. After dropping to nearly half of the original $29 million ask, his Airness' absurdly large lair is still up for grabs for an MJ sized price of $16 million.I really don’t want to inundate you with news about Michael Jordan’s house that refuses to sell but it is a rather interesting story that continues to evolve. On the tour, we get to see how MJ's 1995, post-three-peat-home flows together, including a look at his awesome swimming pool, and full size NBA regulation basketball court. The video was coordinated with the failed auction of Jordan's 56,000 square foot suburban estate from last December. ![]() Be warned however, as the production quality of the nearly 10-minute long video is Grade A Cheese, complete with classic NBA footage of MJ dunking on chumps and dramatic music playing in the background. If you've ever wondered what the inside of Michael Jordan's Highland Park Air Lair looks like, this video tour reveals much more detail than a set of photos can. ![]()
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