The man who bought Micheal Jordan‘s $9.5 million Chicago-based estate has now put the property on the rental market for a staggering $230,000 a month.
In December, it was revealed that the expansive home had finally found a buyer, having spent 13 years languishing on the market. That buyer was later identified as Nebraska native John Cooper, who vowed to keep the legacy of the famous estate intact—although he hinted that he had some “exciting plans” for the future of the home.
Less than a month later, Cooper announced plans to sell off pieces of the property in an auction with the aim of turning at least part of the home into a luxury timeshare. Bids were set to begin at $1 million—and shares are still available, despite the property now being made available for rent.
Now, Cooper has taken things one step further by making the entire Highland Park, IL, home available for rent, describing it as a “once-in-a-lifetime opportunity” to enjoy “an unforgettable month of luxury living.”
“This custom-built masterpiece blends luxury, recreation, and privacy in an unparalleled setting, offering nine bedrooms, 19 bathrooms, and parking for 14 cars.
“Whether you’re hosting an exclusive event, entertaining distinguished guests, or planning a high-level business retreat, this estate provides the perfect backdrop for an unforgettable month of luxury living,” the listing notes.
Cooper, who hails from Lincoln, NE, but has lived in Chicago for 10 years, is understood to be a longtime fan of the NBA and Jordan’s former team, the Chicago Bulls—and seemed overjoyed when he managed to snag the sporting legend’s home at a very discounted price.
The partner at real estate company HAN Capital picked up the estate, which had been on the market for more than a decade, for $5 million less than its most recent list price of $14,855,000.
The custom-built 56,000-square-foot abode sits on 7 acres and offers nine bedrooms, 19 baths, a regulation-sized basketball gym, a circular infinity pool, putting green, tennis court, and a cigar room.
After purchasing the home, Cooper stated that he did not foresee the mansion becoming his primary residence, but insisted that he was going to use it regularly.
