Ohhhhh Yeaaaahh!: Ferris Bueller House Sells For A Cool $1.06 Million
By Jon Graef in News on Jun 1, 2014 3:00PM
After being on-and-off the market for a period of five years, the North Shore house which was featured prominently in '80s coming-of-age classic Ferris Bueller's Day Off has finally been sold.
The house was reportedly purchased by an investment banker and a lawyer, respectively, and sold for $1.06 million.
Which is impressive, although slightly less so considering the original asking price was $2.3 million—a serious chunk of chick-a-chick-cash (stop me before I do this again)
The Tribune has more:
The deal brought to a close a more than five-year-long sales odyssey for the 5,300-square-foot house and its iconic, detached, glass-enclosed auto pavilion, which perches over a ravine on steel pilings. Since May 2009, the Rose family -- the home’s only owners -- had had the property on and off the market.The final sale price was for less than half of the $2.3 million that the Rose family initially had sought for the property in May 2009. It later was reduced to $1.8 million and then to $1.65 million before coming off the market in 2011 for some light rehab work. For a time, the property remained off the market but still informally listed.
In August the Rose family relisted the property for $1.5 million and later cut its asking price to $1.375 million, $1.275 million and $1.25 million before finally going under contract in January. The four-bedroom main house was built in 1953 and designed by Ludwig Mies van der Rohe disciple A. James Speyer, while the pavilion was designed by David Haid and constructed about 20 years later to house an exotic car collection.
If you need a refresher as to in which scene the house appears, well, here you go:
It's a rough time for John Hughes nostalgists: The Home Alone house sold in 2012.