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42-year-old real estate executive from Lincolnshire has purchased Michael Jordan's former Highland Park mansion for $9.5 million. John Cooper, a partner at HAN Capital in Lincolnwood, acquired the 56,000-square-foot property on December 10, according to his hometown newspaper, the Lincoln Journal Star. The mansion, located at 2700 Point Lane on over 7 acres, was originally listed for $29 million in 2012 and had its price reduced multiple times before selling under a contingent contract in September with an asking price of $14.855 million.

    Cooper has lived in the Chicago area for more than a decade and recalls seeing Jordan's initial listing in 2012, thinking it would be exciting for the buyer to own the home. The custom-built mansion features nine bedrooms, 19 bathrooms, and various amenities including a basketball court, tennis court, swimming pool, putting green, and cigar lounge. A large "23" adorns the front gate, paying homage to Jordan's jersey number.

    Cooper has already hosted his birthday party at the property and is planning repairs and upgrades with contractors. He plans to announce exciting changes for the home in January, stating that he intends to honor its legacy and preserve its current state.