After being listed on the market for nearly six years, the Chicago home - famously known for featuring in the comedy film "Ferris Bueller's Day Off" - has finally been sold off at $1.06 million.
In the 1986 movie, the home - located in a wooded area of Chicago's suburbs - at 370 Beech Street in Highland Park was the residence of Cameron Frye, Bueller's best friend. The property is mostly remembered for a climactic scene, where a classic 1961 Ferrari crashes through the pavilion's plate glass windows into the ravine.
The mid-century modernistic steel-and-glass house, spread across 5,300 square feet, was originally built by Ben and Fran Rose in 1953. The property features four bedrooms, four bathrooms and a six-vehicle parking space with a separate glass and steel enclosure.
The detached, glass-enclosed auto pavilion was built in 1973. It is perched over a ravine on steel pilings.
It was built in 1953 by architect A. James Speyer, who was mentored by pioneering architect Ludwig Mies Van Der Roche.
The amount the property is sold at is less than half of what the Rose family demanded when they first put it up on the market in 2009. The original asking price was $2.3 million, Celebrity Cafe reports.
Maladee Hughes, the listing agent for the property, said that the new owners, who haven't been indentified, purchased the house not to be part of a film history, but for the architecture. The buyers, an investment banker and a lawyer, are alumni of Northwestern University, Chicago Tribune reports.
"They're not going to change it, they're going to restore it, they're going to keep everything the way it is," Hughes told The Hollywood Reporter.
Matthew Broderick and Alan Ruck, who played the famous characters Ferris Bueller and Cameron Frye in the movie, thought of a sequel to the cult film.
"We thought about a sequel to Ferris Bueller, where he'd be in college or at his first job, and the same kind of things would happen again. But neither of us found a very exciting hook to that. The movie is about a singular time in your life," Broderick said, Daily Mail UK reports.
"Ferris Bueller is about the week before you leave school, it's about the end of school - in some way, it doesn't have a sequel. It's a little moment and it's a lightning flash in your life."
