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42-year-old real estate executive from Lincolnshire has purchased Michael Jordan's former mansion in Highland Park for $9.5 million. John Cooper, a partner at HAN Capital, closed the deal on December 10, according to his hometown newspaper, the Lincoln Journal Star.
The 56,000-square-foot property, situated on seven acres at 2700 Point Lane, had been listed since 2012 with an initial price tag of $29 million. The listing price was reduced multiple times before Cooper's purchase, as reported by Zillow.
Cooper has lived in the Chicago area for over a decade and recalls being fascinated by the property when it first hit the market. He has already started making plans to renovate the home, hosting his birthday party there and meeting with contractors to discuss upgrades.
