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.

Basketball icon Michael Jordan has finally sold his sprawling Chicago-area mansion, settling for a significant price cut.

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

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,

It took over a decade, but it finally sold: Michael Jordan's former home in at 2700 Point Lane in Highland Park has closed for $9.5 million after being on the market for 12 years, according to the listing on the Compass website.

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

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.