The buyer of Chicago Bulls legend and NBA Hall of Famer Michael Jordan’s mansion in Highland Park has been revealed: a 42-year-old real estate executive from Lincolnshire.
John Cooper, a partner at Lincolnwood-based HAN Capital, bought the 56,000-square-foot property for $9.5 million Dec. 10, according to his hometown newspaper in Nebraska, the Lincoln Journal Star.
The mansion, at 2700 Point Lane, sits on more than 7 acres and first went on the market for $29 million in 2012. The listing price had been reduced at least five times since then, according to Zillow. The home went under contingent contract in September with an asking price of $14.855 million.
Cooper has lived in the Chicago area for more than 10 years. He recalls seeing news of the basketball superstar listing the house in 2012 and “thinking how cool it would be for the person that buys the home,” he told the newspaper.
The custom-designed mansion, built in 1995 after Jordan announced his return from his first retirement, features nine bedrooms and 19 bathrooms (15 full).
The property includes a basketball court, tennis court, swimming pool, a putting green and a cigar lounge. It also features a front gate adorned with a large “23,” a nod to Jordan’s jersey number.
Cooper has so far hosted his birthday party and met with several contractors to make repairs and upgrades to the home, according to the newspaper.
"I'll announce some exciting plans for the property in January," Cooper told the Journal Star. "I do not have any major renovation plans. I will honor the property's legacy. This place is great just the way it is."
