There’s a new plan in retailer for Michael Jordan’s former mansion | Real Estate Market Insights

The new proprietor of Michael Jordan’s Chicago Bulls-era property — one that took the NBA legend years to promote — now desires to show it into a motivational, immersive experience dubbed Champions Point.

Outside of Chicago, the Highland Park City Council heard plans for the Graceland-like museum, and its request for a zoning change, on Monday evening.

The daring scheme to put in a tourism hub in the center of the prosperous, residential enclave acquired intense skepticism from the council and fiery public suggestions.

The 56,000-square-foot mansion sat on and off the market for more than a decade. AP

The property’s new proprietor desires to show it into a Graceland-like tribute to Jordan and private greatness. 4.10.97

A gate with the quantity 23 controlling entry to Michael Jordan’s former home. Getty Images

John Cooper, who’s a associate at real estate company HAN Capital, paid $9.5 million for the 56,000-square-foot mansion in December 2024 after the property spent more than a decade on and off the market.

Roughly one yr later, the self-described Jordan fan desires to show its 7.4 acres into a vacationer vacation spot the place company can “experience greatness,” Crain’s Chicago Business reported.

Jordan bought the property together with his then-wife for $2 million in 1991 — the same yr he received his first of six NBA championships with the Chicago Bulls. The NBA legend took full possession in 2007, following his divorce.

Jordan first listed the property for $29 million in 2012.

Cooper’s earlier plan was to promote million-dollar shares in the property — an effort struck down in September.

Cooper told the council he’s hopeful the for-profit museum will obtain 300 guests per day. City of Highland Park, Illinois

The Champions Point proposal included charitable programming for local schools and youth nonprofits. City of Highland Park

Cooper’s for-profit plan at Champions Point would create a museum with “living classrooms,” according to proposal supplies. Programming will ship an “immersive, multi-sensory experience focused entirely on personal transformation.”

He told the council he has a “hopeful” estimate of 300 guests to the property per day.

“The theme of the tour is going to be greatness, and our goal is to kind of teach people what means to be great,” Cooper told the Council.

“The whole museum is going to be dedicated to teaching people about these pillars of greatness, so although it is a commercial enterprise, I believe there will be great benefit to the community and to anybody that gets the experience the museum,” he added.

The businessman sweetened the pot with deliberate local partnerships and charity work, including the park district, local schools and youth nonprofits.

The Highland Park mansion consists of 9 bedrooms and 16 loos. Champions Point

The regulation-sized basketball court docket would operate as a “living classroom,” according to Cooper. Compass

Visitors would get entry to property facilities like Jordan’s swimming pool, regulation-size indoor basketball court docket and outside tennis court docket. The nine-bedroom, 16-bathroom home also boasts a connoisseur chef’s kitchen, a movie show and a poker site.

Cooper’s plan particularly seeks a partnership with a nature middle that shares a border with the property. Champions Point would use Heller Nature Center as a gateway to the property, according to the proposal. The museum would have a “symbiotic relationship” with 97-acre park district, the proposal says, “enhancing its existing education programs.”

No choices had been made on Monday evening — the council moved to continue discussing the proposal, instead, with reservations. Members told Cooper the plan needed more work.

The property’s intensive facilities embody a large gymnasium, a swimming pool and a tennis court docket. Compass

Some locals criticized the plan for turning a non-public residence into a for-profit tourism business. Joseph Noel, Chicago Home Photos and JS Eckert Photograph

Public touch upon the proposal included neighbors’ fears over undesirable crowds and use of the nature park.

“It’s very scary to think that this small, quiet area and neighborhood, where I know all of my neighbors, we have such a close knit community, will now be turned into, frankly, a zoo,” one speaker said.

“A nature preserve exists to safeguard fragile ecosystems, not to facilitate the monetization of private property,” one objector wrote in an emailed public remark.

Other residents voiced their help for the zoning request, telling the Council about “life changing” scholar excursions of the property facilitated by Cooper.

“We got a glimmer of brilliance of a once-in-a-lifetime athlete, a universal athlete lived in this town, and Mr. Cooper has a vision to build something remarkable, and we’re going to shut it down just because we’re afraid of a few neighbors,” a speaker said.

The complete home is at the moment obtainable for short-term leases, according to the Champions Point web site.

Cooper couldn’t be reached for remark by press time.

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