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

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.

Former Chicago Bulls superstar Michael Jordan's 32,683-square-foot home in Highland Park has finally sold for $9.5 million after the estate originally went up for sale in 2012 with an asking price of $29 million,

Michael Jordan's house in a northern Chicago suburb has finally sold more than a decade after it was first listed -- only it sold at a much lower price.

Michael Jordan's Chicago mansion sells for $9.5 million after being on the market for 12 years. The sprawling Highland Park estate that sits on seven acres of property has been on the market on and off since 2012.

The real estate market can be unpredictable, just ask Michael Jordan. After 12 years and multiple price drops, his Chicago mansion has sold for $9.5 million. According to cllct, the property was originally listed in 2012 for $29 million,

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.