Living like Mike — Michael Jordan, that is — will cost fans nearly $17,000 a night in the NBA legend’s former custom Chicago-area home.
The 37,707-square-foot residence opened for reservations Monday on the short-term vacation rental site Airbnb. It is the latest offering from property owner John Cooper, who purchased what he calls “Champions Point” in December for $9.5 million.
Depending on the date, the rental must be for at least seven days, costing $117,496 as of Tuesday. That equates to about $16,785 per night. Local short-term rental rules limit occupancy to 12 people.
Cooper confirmed to Homes.com that no reservations have been made yet. Any marked-off dates are due to “prior commitments,” he said.
The Highland Park home is listed as an “Airbnb Luxe” property, which is a “selection of pristine, expertly designed homes with high-end amenities and services," according to Airbnb. The company vets these properties with walkthroughs to confirm a home’s quality.
Cooper, an admitted Chicago Bulls fan and real estate investor, announced co-ownership opportunities for Jordan’s former home in January. Eligible owners wanting a slice of the champion life could pay for a whole week annually with up to 20 guests for a starting price of $1 million, with options for luxury add-on experiences, such as private chefs.
These additional offerings are still available for Airbnb renters, Cooper confirmed.
“Special experiences such as a private chef, luxury transportation, private lessons (basketball, tennis, golf, fishing), haircut/shave in the salon may be available, nanny, daily cleaning, and local event experiences may be available for an additional fee,” he said in an email to Homes.com. “The experience can be customized to fit the needs of the renter.
Cooper added, however, that the co-ownership opportunity is under review by the city of Highland Park. Still, the home is currently “available for short-term rentals, 30-day or more rentals, and potentially a longer-term lease,” he said.
Homes.com reached out to Highland Park officials for comment but didn't immediately hear back.
The home previously hit the rental market in February for $230,000 covering the entire month of March to celebrate March Madness. The rental has remained available, with the monthly rent dropped to $150,000, according to the listing.
Price adjustments and different rental attempts mirror the long-selling saga for Jordan’s former home. It sat on the market for 12 years prior to Cooper’s purchase, with five price reductions and plenty of media coverage.
When listed originally in 2012, the asking price was $29 million. That dropped to $14.85 million by September, and Cooper secured ownership for $5.35 million less than asking.
Jordan built the home in 1995, 23 miles outside of Chicago, and spent reportedly $50 million to remodel it in 2009.
The home includes nine bedrooms, 19 bathrooms, parking for 14 cars, and a regulation-size basketball court. It also offers a fishing pond stocked with bass and bluegill, a putting green, tennis court, fitness center, theater, wine cellar, poker lounge, circular infinity pool, salon and cigar room.
"I have so many amazing, happy memories of my life in the house over the years," Jordan previously stated in 2013 when his home went to auction, where it failed to sell. "It's where my kids grew up. It's where I lived during my championship years.”