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The Highland Park, Illinois, home formerly owned by Michael Jordan could serve as the perfect getaway for fans of luxury, privacy and, of course, basketball. The home, which sold for $9.5 million in December, became available for rental on Airbnb this month. According to NBC News, the home is now owned by John Cooper, a real estate investor.
The home, in Highland Park, Illinois, has a stunning price tag and requires a minimum seven-night stay. For example, a weeklong respite over Labor Day weekend, checking in on Aug. 29 and out on Sept. 5, would cost $120,920.
The businessman who purchased NBA legend Michael Jordan's beleaguered Highland Park, IL, mansion for the heavily discounted price of $9.5 million has now had to implement his own discount after putting the iconic property on the rental market for an eye-watering $230,000 a month. Nebraska native John Cooper purchased the nine-bedroom, 19-bathroom mansion in December—paying just over half of the most recent $14.89 million asking price for the dwelling, which had been on the market for 13 years. Initially, he vowed to protect the Chicago-area home's enduring legacy—although he noted that he had some "exciting plans" for the future of the home.
John Cooper will always remember his 42nd birthday as the year he purchased an iconic home from a sports legend. The Lincoln native is enjoying the early days as owner of the home built by Michael Jordan in Highland Park, Illinois, a Chicago suburb. Cooper purchased the 56,000-square-foot property for $9.5 million earlier this month, ending an 11-year stint of the home being on and off the market.
Michael Jordan's Chicago home closes for one third of asking price 12 years ago
Even for icons, not every parting shot will be iconic. And so it was this week that Michael Jordan’s 56,000-square-foot mansion in suburban Chicago closed for $9.5 million—a third of what it was listed for when originally put up for sale a dozen years ago. The buyer has not yet been publicly revealed. Accounting for inflation rates, Jordan will have made out with only 18% of the value he initially sought when he put the Highland Park, Ill., residence on the market in March 2012.
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After 12 years, Michael Jordan’s Illinois mansion about to be sold
Michael Jordan’s Illinois mansion is finally poised to sell. Jordan’s home in Highland Park, Ill., went under contract Sunday after being on the market for 12 years, realtor Katherine Malkin confirmed to The Athletic. The house was most recently listed for $14,855,000; its original asking price when it went up for sale in 2012 was $29 million, according to Zillow. The actual sale price is unclear. The seven-acre property has a putting green, a tennis court, circular pool and an indoor regulation-sized basketball gymnasium. The 32,683-square-foot house, which sits on a 7.39-acre lot, includes nine bedrooms, 19 bathrooms (15 full), a library, an office and a 14-car garage, according to Zillow. The property’s front gate features a giant “23,” the jersey number Jordan wore for most of his career.
Police arrested and charged a Mundelein man after receiving a burglary in progress call at Michael Jordan’s seven-acre estate in Highland Park Tuesday. Residents reported seeing numerous Highland Park police officers responding with emergency lights activated around 4:10 p.m. Tuesday. The Highland Park Police Department said they were responding to a call for a burglary in progress at 2700 Point Drive.
“What happened today in Highland Park was horrifying and senseless,” the Bulls’ statement began. “Over the years, Highland Park has been home to many members of Bulls nation, including a number of Bulls players and staff. Our connection with the community is personal, and it holds a particularly special place in our hearts. We are grieving with the community and everyone affected, and we support them as we all mourn this tragedy.
Last month's promotion with a short-term rental company may have succeeded in finding a buyer for the former Highland Park home of NBA Hall of Famer Scottie Pippen. Pippen purchased the nearly 2.7 estate new in 2004 for $2.225 million. It sits on a 2.7 parcel on Old Mill Road adjacent to wooded park district property and the Skokie River.
Scottie Pippen is welcoming guests and fans into his Highland Park home to watch the Olympic Games. Through Airbnb, Pippen is opening his home for three one-night stays for up to four people on Aug. 2, 4 and 6 for $92 per night (plus fees and taxes), the cost is a nod to the year he and his teammates became Olympic gold medalists in Barcelona in 1992. Stays are timed so guests can watch basketball competitions from the group stage to the gold and silver medal games in Tokyo.
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Basketball legend Scottie Pippen is ready to shed his custom mansion in Illinois, the state where he won six NBA championships with the Chicago Bulls. The former Bull’s 10,000-square-foot home is up for grabs at $1.899 million, records show. Spanning 2.6 acres in Highland Park, a lakefront suburb of Chicago, the country club estate packs in such amenities as a brick wine cellar, a game room, a movie theater and a sauna. A custom indoor basketball court is emblazoned with Pippen’s jersey.
Michael Jordan's 56,000-square-foot mansion in Highland Park — complete with an NBA regulation-size basketball court — will be put up for sale during a live auction Friday. No minimum bid has been set for the superstar's 7.4-acre estate at 2700 Point Lane, but prospective buyers are required to put down a $250,000 deposit just to participate in the bidding, said Laura Brady, president of New York-based Concierge Auctions. First placed on the market in March 2012, the fully furnished "Legend Point" estate failed to sell for its listing price of $29 million. At the time it was the highest-priced home in the Chicago area, with property taxes set at $165,224 in 2010, according to public records.
Michael Jordan’s 56,000-square-foot mansion in Highland Park — complete with an NBA regulation-size basketball court — will be put up for sale during a live auction Friday. No minimum bid has been set for the basketball superstar’s 7.4-acre estate at 2700 Point Lane, but prospective buyers are required to put down a $250,000 deposit just to participate in the bidding, said Laura Brady, president of New York-based Concierge Auctions. Originally placed on the market in March 2012, the fully furnished “Legend Point” estate failed to sell for its listing price of $29 million. At the time, it was the highest-priced home in the Chicago area, with the tax bill on the property set at $178,900 in 2012, according to public records.
Charlotte Bobcats owner Michael Jordan's nine-bedroom, 15-bathroom mansion in Highland Park, Ill., is for sale. It has seven acres, a putting green, a full-court basketball floor, and three climate-controlled garages that hold 15 cars. Asking price: $29 million. The photos were put on HGTV's website in February. For the record, I don't see anything decorated in purple and teal.
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