Basketball legend Michael Jordan has finally sold his beleaguered Chicago mansion for $9.5 million, less than a third of his original asking price—after leaving the property to languish on the market for 13 years.

NBA legend Michael Jordan hits another payday after selling his old Chicago estate for $9.5 million following a 12-year run on the market.

(Gray News) - Michael Jordan’s mansion is finally off the market. Jordan’s 56,000-square-foot property in Highland Park, Illinois, went under contract in September and officially sold last week, according to WLS. When the mansion was first listed, the listing price was $29,000,000. The listing price has changed a few times since then.

Michael Jordan's sprawling estate in the Chicago suburbs, which has many custom-designed nods to the basketball star, has sat abandoned for years.

Michael Jordan's iconic 32,683 square-foot mansion in Highland Park, Illinois, sold Thursday for $9.5 million. The sale was completed nearly 11 years to the day it hit the market -- Dec. 17, 2013 -- for an original asking price of $29 million. The closing deal marks a 67% price cut.

NBA legend Michael Jordan has finally sold his Illinois home in Highland Park after it sat on the market for 2,475 days.

Michael Jordan has finally sold his Chicago mansion. TMZ reports that the 56,000-square-foot home sold for $9.5 million after being on the market for 12 years. MJ found a buyer earlier this year, with the final selling price dropping from the last listing of $14.8 million in 2015.

Chicago Bulls legend Michael Jordan’s mansion in Highland Park, Illinois, finally sells after 12 years at a fraction of its original price of $9.5 million.