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.

(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.

The mansion, at 2700 Point Lane, sits on more than 7 acres and first went on the market for $29 million in 2012. The property went under contingent contract in September with an asking price of $14,855 million.

Michael Jordan has finally sold his mansion in Highland Park for $9.5 million, after nearly 13 years on the market, and the buyer has not yet been identified.

Michael Jordan's iconic 32,683 square-foot mansion in Highland Park, Illinois, sold this week 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.

As Michael Jordan's Highland Park mansion is now sold after 12 years, netizens expressed their surprise at why it took a long time for the Hall of Famer to find a buyer.

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.

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.