realestate

Michael Jordan's former mansion sold to real estate industry leader

Lincolnwood Executive Buys Michael Jordan's Highland Park Mansion for $9.5 Million

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Lincolnwood-based commercial real estate executive has been revealed as the buyer of Michael Jordan's Highland Park mansion. John Cooper, a general partner with HAN Capital, purchased the estate for $9.5 million on December 10. Cooper confirmed his purchase in an interview with the Lincoln Journal Star, stating he had seen the property for sale and thought it would be "cool" for its next owner.

    Cooper plans to use the mansion frequently but doesn't intend to make it his full-time residence. He has already hosted guests at the estate, including a birthday party, and is working on minor repairs and upgrades to audio and video systems. The 1995-built mansion features an impressive array of amenities, including a basketball gymnasium, circular infinity pool, cigar room, putting green, and tennis court.

    The property's square footage has been disputed, with its listing agent citing 56,000 square feet and Lake County's assessor reporting 32,683 square feet. Cooper's purchase brings an end to Jordan's roughly 12-year attempt to sell the estate, which he had listed for $29 million before settling on a final asking price of $14.855 million.

Michael Jordan's former Beverly Hills mansion sold to prominent real estate executive.