Bucks Star Giannis Antetokounmpo Makes Major $21 Million Real Estate Investment in Chicago—as Rumors Swirl He’s Set To Quit Milwaukee

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

Reports began to surface earlier this week that the Bucks were entertaining offers from other teams for a trade deal that would see two-time NBA MVP Antetokounmpo, 31, leaving the team where the Greek-born sports star has spent the entirety of his professional career in the U.S.

ESPN reported on Jan. 28 that Antetokounmpo is "ready for a new home," citing multiple league sources who said that other NBA teams had been given the impression that the Bucks were ready to hear offers for their superstar player.

The article further noted that the Bucks were not in a rush to figure out a potential deal for the power forward, who is widely regarded as one of the greatest players in the league, and that the team was "willing to" wait until the offseason to negotiate an agreement that ensured their "believed price point" for Antetokounmpo is met.

It's understood that Antetokounmpo has been the driving force behind this move, with insiders adding that he has been telling 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 been seeking out new goals beyond the court, throwing his hat into the real estate ring with the purchase of multiple commercial properties, including a newly acquired Chicago apartment building, which he is understood to have bought via his family office, Ante.

It marks the fifth in a line of commercial property acquisitions made by Antetokounmpo in recent months—which also include adjacent building in Brooklyn, NY, and two others in Wisconsin.

The latest property purchase—which is known as Harmony Apartments—boasts 56 units and was completed in 2024. As first reported by CoStar, it is located around two hours' drive from Fiserv Forum, where the Bucks host their home games.

Harmony Apartments' website notes that the property includes studio, one- and two-bedroom "luxury" apartments, as well as several communal amenities, including a rooftop and lounge areas.

"Harmony Apartments is a premier rental community located in the vibrant Uptown neighborhood," it states.

"As a brand-new development, we have designed spaces to provide you with ultimate comfort from carefully thought-out floor plans, floor-to-ceiling windows to let in plenty of light, and private outdoor spaces to take in the fresh air. We want Harmony to be more than your next apartment; we want it to be your sanctuary.

"We carefully picked appliances and finishes that add luxury to your every day living and give you peace-of-mind about the durability of your new home."

All of the units in the property are equipped with in-unit laundry and high-speed internet, while several of the apartments also come complete with private balconies.

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

Property records show that a one-bedroom, one-bathroom unit was rented for $2,325 per month in September 2025, while another, slightly smaller, one-bed was leased for $2,195 in August.

The building is of a similar size to others purchased by Antetokounmpo—and was snapped up by the NBA pro less than two months after he closed on a $25 million deal to buy a pair of buildings in the Prospect Lefforts Garden neighborhood of Brooklyn.

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

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

Prior to that, he spent a respective $11.75 million and $11.6 million on two Wisconsin buildings, the pricier of which is located in Shorewood and features 39 units. The other, in Madison, features 41 units.

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

It is currently unclear whether he has any plans to add any other properties to the collection.

However, that hefty sum makes up less than half of the $175.4 million three-year contract extension 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 "supermax 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 rough time for the Bucks, who have suffered six losses in 10 games since Jan. 1.

Following the team's most recent loss to the Oklahoma City Thunder, he was brutal in his observations about where they were going wrong, telling reporters at a postgame press conference: "We're not playing hard. We aren't doing the right thing. We're not playing to win. We're not playing together.

"Our chemistry's not there. Guys are being selfish, trying to look for their own shots instead of looking for the right shot for the team. Guys trying to do it on their own."