The wait of more than a decade is finally over for Michael Jordan.
The NBA legend finally unloaded his $14.8 million Chicago-area mansion for a much lower closing price of $9.5 million after it was on the market for 12 years. reported by bloomberg Thursday.
This gorgeous seven-acre estate was originally listed for $29 million in 2012, but the price has since been reduced to less than $15 million.
Thursday's development will occur in a few months TMZ reported In September, Jordan announced that he had found a buyer.
At the time, this list was considered “conditional,” meaning that certain criteria had to be met.
The same month, The Wall Street Journal reported Potential buyers who tour the premises will be required to sign a non-disclosure agreement.
This luxurious estate in Highland Park, Illinois, was built during Jordan's time with the Bulls, where he won six NBA championships in the 1990s.
The home, which features an entry gate featuring Jordan's number 23, has nine bedrooms and 19 bathrooms.
This luxurious property features a basketball court, indoor gym, library, and cigar room, as well as tennis courts, an infinity pool, and multiple parking spaces.
A 14-time NBA All-Star, Jordan's first stint with the Bulls lasted from 1984 to 1993. He briefly retired before returning to Chicago from 1995 to 1998.
Jordan played the final two seasons of his career with the Wizards, officially retiring after the 2003 season.
Off the court, Jordan has an impressive real estate portfolio.
Jordan owns a condo and a lakefront home in his home state of North Carolina, as well as real estate in Florida. Architectural Digest reports In January.
Jordan has spent the past few months overseas, traveling to Europe with his wife Yvette Prieto over the summer.
They have been married since 2013.

