The two-building "Ben Rose Home" in the suburb of Highland Park first came on the market five years ago, according to Crain's Chicago Business. The selling price was less than half the original listing of $2.3 million.
The smaller building of the two played a part in the John Hughes coming-of-age movie as the garage which held a precious Ferrari convertible that Ferris, played by Matthew Broderick, and his friend Cameron take for a joyride around Chicago.
Later in the movie, the car crashes through a glass wall of the house into a ravine.
The modernist house was designed by A. James Speyer, a protege of modern architect Ludwig Mies van der Rohe, and David Haid, according to the website of Coldwell Banker.
A representative for Coldwell Banker was not immediately available for comment.