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Home » Co-ownership of Michael Jordan’s Former Mansion Starts At $1M
Real Estate

Co-ownership of Michael Jordan’s Former Mansion Starts At $1M

January 14, 2025No Comments2 Mins Read
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Michael Jordan’s iconic Chicago-area mansion, known as Champions Point, has finally found a buyer after being on the market for over a decade. The estate, located at 2700 Point Drive in Highland Park, Illinois, is now offering co-ownership opportunities starting at $1 million, with an additional 2% annual expenses per co-owner.

Chicago-area real estate investor John Cooper acquired the 32,000-square-foot property for $9.5 million in late 2024, a significant reduction from its original listing price of $29 million back in 2012.

Champions Point, built by Jordan in 1994, sits on 7.39 acres and features 9 bedrooms, 15 bathrooms, a regulation-sized basketball court, a circular infinity pool, and a trophy room, among other luxurious amenities.

Co-owners will have the opportunity to host events at the estate, such as weddings, sports watch parties, and charity galas, with the option to add on services like private chefs and entertainment for an additional cost.

The property aims to provide a shared experience for co-owners, preserving its original design while integrating modern technology to create lasting memories for years to come.

Strict privacy measures are in place to protect the property, including the enforcement of nondisclosure agreements for co-owners and restrictions on photography and videography.

Co-owners will also have the option to sell their shares in the future, ensuring flexibility for those looking to invest in this exclusive opportunity.

For more information, visit Champions Point FAQs.

See also  Is It Possible To Market A Seller Wanting To Offer A Concession?
Coownership Jordans Mansion Michael Starts
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