The midcentury modernistic steel-and-glass house in Highland Park and the nearby auto pavilion that together are commonly known as the Ferris Bueller home for their prominence in the 1986 film “Ferris Bueller’s Day Off” sold on Thursday for $1.06 million.
And the buyers, an investment banker and a lawyer, are nearby residents and Northwestern University alumni.
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.
In a classic scene late in the film “Ferris Bueller’s Day Off,” the titular character’s best friend, Cameron Frye, sends a classic 1961 Ferrari crashing through the pavilion’s plate glass windows into the ravine.
Features in the pavilion include a kitchen, a bath and room for four cars. The sellers recently renovated the pavilion’s windows and steel.
The agent for the buyers, Mindy Shea of @properties, declined to comment on the purchase.