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.

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

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.