Bucks Star Giannis Antetokounmpo Makes $21 Million Real Estate Investment In Chicago—As Rumors Swirl He’s Leaving Milwaukee

NBA star Giannis Antetokounmpo has added fuel to the frenzy of speculation about his potential trade away from Milwaukee Bucks after making a significant $21 million real estate investment in Chicago.

Reports first surfaced earlier this week that the Buckeyes had offers from other teams for a trade deal that would see NBA MVP Antetokounmpo, 31, leave the team where the Greek-born player spent his entire professional career in the US.

ESPN reported on Jan. 28 that Antetokounmpo is “ready for a new home,” citing multiple league sources who said other NBA teams have been given the impression that the Bucks are ready to hear offers for their star player.

The article also noted that the Bucks were not in the running for a potential deal for the power forward, widely regarded as one of the league’s greatest players, and that the team was “willing” to wait until the offseason to negotiate a deal that ensures Antetokounmpo’s “believable price point” is met.

Antetokounmpo is understood to have been behind the move, with insiders adding that he has told the Bucks “for months” that he is ready for a new challenge – and a new team.

Indeed, it appears that the basketball pro has even sought new goals off the court, throwing his hat into the real estate ring by purchasing multiple properties, including a recently acquired Chicago property, which he is understood to have purchased through his family office, Ante.

It marks the fifth in a line of commercial real estate acquisitions by Antetokounmpo in recent months—including a nearby property in Brooklyn, NY, and two more in Wisconsin.

The latest property purchase—known as Harmony Apartments—has 56 units and is slated for completion in 2024. As first reported by CoStar, it’s located about a two-hour drive from Fiserv Forum, where the Bucks host their home games.

The Harmony Apartments website notes that the complex includes studio, one- and two-bedroom “luxury” apartments, as well as several community amenities, including rooftop and lounge areas.

Harmony Apartments is a premier rental community in a vibrant Uptown neighborhood,” said.

“As a new development, we’ve designed the spaces to offer you total comfort from carefully considered floor plans, floor-to-ceiling windows to let in plenty of light, and private outdoor spaces to bring in fresh air. We want Harmony to be more than your next apartment; we want it to be your sanctuary.

“We have carefully selected materials and finishes that add comfort to your everyday life and give you peace of mind about the durability of your new home.”

All units in the building are equipped with in-unit laundry and high-speed Internet, and many apartments also come complete with private balconies.

According to the Harmony Apartments website, all units in the building are currently rented.

Property records show a one-bedroom, one-bath rented for $2,325 a month in September 2025, and a smaller, one-bed rented for $2,195 in August.

The building is the same size as Antetokounmpo’s other purchases—and was snapped up by the NBA pro less than two months after he closed a $25 million deal to buy buildings in the Prospect Lefforts Garden neighborhood in Brooklyn.

Known as The Lawrence, the two buildings have a combined total of 50 units spread over eight floors and include studio, one and two bedroom apartments.

There are currently two units available on the rental market, both studios: one listed for $2,607 per month and the other listed for $2,575.

Before that, he spent a total of $11.75 million and $11.6 million on two Wisconsin properties, both of which are located in Shorewood and have 39 units. The other, in Madison, has 41 units.

In total, Antetokounmpo has spent a staggering $70 million on multi-family properties since October 2025.

It is currently unclear whether he has plans to add more properties to this collection.

However, that huge sum makes up less than half of the $175.4 million three-year contract Antetokounmpo signed through the 2026-27 season.

According to ESPN, the terms of the contract mean he will be eligible to sign a four-year “max extension” worth $275 million on Oct. 1—unless he chooses to become a free agent during the 2027 offseason.

The speculation about Antetokounmpo’s future comes amid a difficult time for the Bucks, who have lost six of 10 games since Jan. 1.

Following the team’s recent defeat in Oklahoma City Thunderhe was brutal in his observations of where they went wrong, telling reporters in a postgame press conference: “We’re not playing hard. We’re not doing the right thing. We’re not playing to win. We’re not playing together.

“Our chemistry is not there. The boys are thinking about themselves, they are trying to find their own shot instead of looking for the right shot for the team. The boys are trying to do it themselves.”