Michael Jordan’s former Chicago Mansion Is Now a Timeshare
Score a real estate slam dunk by living like Michael Jordan at just $1 million a week. The NBA star’s sprawling Highland Park property, known as Champions Point, is becoming a timeshare, according to a news release.
Jordan custom built this property, roughly 25 miles outside of the Windy City, in 1995. The property was listed in 2012 for an ambitious $29 million, and more than 12 years later, it was snagged by local real estate investor John Cooper for $9.5 million in December 2024, Bloomberg reported.
Now, he’s slicing up the property and selling weeklong stays starting at $1 million apiece, plus a 2% cut of annual costs, which rounds out to about $25,000 per co-owner. But owning a piece of MJ’s legacy comes with conditions: Buyers can only purchase one share per week, though they can bid on multiple weeks, and must sign a non-disclosure agreement, the property’s website notes. Owners are free to sell their shares in the future, making this a potentially lucrative investment.
“It’s an opportunity to own a piece of history and bring sports enthusiasts together through a unique co-ownership model,” Cooper said in a statement. “Our goal is to create a shared experience where co-owners can enjoy unparalleled amenities and also the sense of connection and community that comes with it.”
The 32,000-square-foot contemporary megamansion is truly built for NBA royalty: It can accommodate 20 guests, with nine bedrooms and 19 bathrooms. The entry features a curved glass wall, opening up to a light-filled room. Just beyond, there is a library featuring two offices including Jordan’s own former office with windows facing a sprawling putting green.
The kitchen, which went through a partial remodel in 2007, features modern cabinetry and a Gaggenau gas cooktop, two dishwashers, and a small coffee bar with a built-in espresso maker.
But it's the amenities, which all timeshare participants will have access to, that steal the show. The 7.39-acre lot features a regulation-size basketball court, an infinity pool, a putting green, a tennis court, a home theater, and even a cigar lounge complete with a humidor and leather poker tables. Over 150 trees line the property for privacy.
The property is filled with personalized moments that remind you Jordan inhabited the space, from the number 23 emblazoned on the entry gate to the Jordan name painted on the basketball court.
Co-owners of the property can also pay a fee to throw lavish events. Think weddings, black-tie charity galas, or anything else that demands a baller setting. You can even add on a private chef and luxury transportation, at a cost of course.
Bidding is now open for ownership purchases from March 2025 onward. To place a bid, complete the form here and you will be contacted with further details.
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