After more than 12 years on the market, Michael Jordan’s longtime Chicago-area mansion finally sold at the end of 2024. Now, it’s available again, but this time, for co-ownership.
Chicago-area real-estate investor John Cooper closed on the home, named Champions Point, at the beginning of December, buying it for $9.5 million, records show. He got a steep discount for the Highland Park mansion, which was initially asking $29 million when it was first listed in 2012, Mansion Global previously reported.
Cooper is turning the more than 32,000-square-foot megamansion into a timeshare, and bids for weeklong shares are available starting at $1 million, plus 2% of annual expenses, estimated at approximately $25,000 per co-owner, according to a news release on Thursday.
