Real estate executive John Cooper, 42, of Lincolnshire, (inset) purchased Michael Jordan’s property at 2700 Point Lane in Highland, which had been listed for sale for over 12 years before officially selling earlier this month. | Background Photo: Max Weingardt / Lake and McHenry County Scanner; Inset: HAN Capital

A real estate executive from Lincolnshire was the buyer of retired Chicago Bulls star Michael Jordan’s mansion in Highland Park, which sold for $20 million less than initially listed.

The home, located at 2700 Point Lane in Highland Park, was first listed for sale in March 2012 at $29 million.

Less than a year later, the property’s price was reduced to $21 million and then to $16 million later in 2013.

The mansion, which sits on seven acres, was most recently listed at $14,855,000. The listing was updated in September to reflect that it had gone under contract.

The residence officially sold on December 10 for $9.5 million, nearly $20 million less than what it was first listed.

The buyer was identified as John Cooper, 42, of Lincolnshire, according to the Lincoln Journal Star, based in Lincoln, Nebraska where Cooper grew up.

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Cooper is a General Partner of HAN Capital, which owns and operates self-storage properties and RV parks across the United States.

The newspaper reported that Cooper is an avid sports fan and he celebrated his 42nd birthday at the Highland Park home.

“I remember seeing the home for sale and thinking how cool it would be for the person that buys the home,” Cooper told Lincoln Journal Star, adding that he intends to honor the property’s legacy and not make any major changes.

“NBA Superstar Michael Jordan’s seven-acre estate is as legendary as His Airness himself. The 56,000 square foot property-equipped with every conceivable luxury amenity-is a physical monument to his tireless dedication and hard work,” the home’s real estate listing said.

The custom-designed property includes a regulation-sized basketball court, circular infinity pool, putting green, tennis court and cigar room.

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The home has nine bedrooms and 19 bathrooms with attached parking for 14 cars. It was built in 1995 and underwent remodeling in 2009.

Police respond to Michael Jordan’s mansion at 2700 Point Lane in Highland Park on April 4, 2023, for a report of a burglary in progress call. The property, which had been listed for sale for over 12 years, officially sold on December 10. | File Photo: Max Weingardt / Lake and McHenry County Scanner

In April 2023, the property experienced a break-in by two suspects, an adult and a juvenile, prompting a police response.

Residents reported seeing numerous Highland Park police officers responding with emergency lights activated around 4:10 p.m. on April 4, 2023.

The Highland Park Police Department confirmed they responded to a call for a burglary in progress at Jordan’s residence.

Officers arrived at the front gate, entered the property and were seen investigating.

The Lake County Sheriff’s Office assisted by sending deputies and a canine unit.

Officers arrested Raiden K. Hagedorn, then 18, of Mundelein, in connection with the incident, according to a police report. A second suspect, a juvenile, was also arrested.

Hagedorn was charged with criminal trespass to occupied residence and two counts of criminal damage to property.

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Court records show Hagedorn entered into a withholding judgment on one of the charges and was sentenced to 12 months of supervision and 50 hours of public service.