Michael Jordan's former Chicago mansion sold for $9.5 million in December 2024 after remaining on the market for 13 years. The buyer, John Cooper, initially aimed to preserve the property's legacy and launch a luxury timeshare. However, after facing setbacks, the timeshare idea failed. In February 2025, Cooper listed the mansion for rent at $230,000 per month, highlighting renovations including new furniture and a modern kitchen. A notable update was the removal of Jordan's "Jumpman" logo from the basketball court.
Michael Jordan's former Chicago mansion sold for $9.5 million in 2024 after 13 years on the market, significantly lower than its last listed price of $14.89 million.
Buyer John Cooper initially planned to preserve the property's legacy with exciting renovations and turning it into a luxury timeshare, but faced numerous challenges.
The planned timeshare, offering slices of the mansion for $1 million each, failed to take off, prompting Cooper to put the mansion on the rental market for $230,000 a month.
Cooper's rental listing emphasized updates including new furniture and a renovated kitchen, but controversially removed Jordan's "Jumpman" logo from the mansion’s basketball court.
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