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

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,

Michael Jordan mansion, which was once listed for $29million (£22million), has sold a decade after it was listed for a cut of that price.

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.

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

However, according to the listing, the final price was $9.5 million which had the closing date set at Dec. 10. The 56,000 square-foot property, which comes equipped with every lux

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.