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Celeb Homes

Bulls Guard Jimmy Butler Nails Chicago Townhouse for $4.3M

Long after the heyday of Michael Jordan, Chicago Bulls superstars are still treated like royalty in the Windy City. Latest proof: Bulls' elite guard Jimmy Butler, who just purchased this stylish townhouse in city's hot River North area for $4.3 million.

Butler has become an impact player with the Bulls ever since being drafted from Marquette University in 2011. Last year, he was selected for the NBA All-Star team and named the league's most improved player.

Butler comes a long way from his teenage years, some of which he spent homeless in his native Texas. He signed a five-year, $95 million contract with the Bulls in July, according to Crain's Chicago Business, which also broke the story of his townhouse deal.

Butler's new place, built in 2008, has 10,000 square feet of living space over four floors, three outdoor terraces, an elevator, and a 750-bottle wine cellar.

The home was listed for $4.6 million on Sept. 8, and the sale closed Sept. 15. The seller, reports Crain's, was Greg Mutz, CEO of apartment development company AMLI Residential. Mutz had paid roughly $3.4 million for the home when it was built in 2008, Crain's says. Randy McGhee was the listing agent for the property.