Saturday 31 May 2014

The Ferrari house from 'Ferris Bueller' finally sells, for half the original price

Big news today in two worlds that rarely intersect, midcentury modern architecture and quintessential 1980s movies: the Chicago-area home that starred in "Ferris Bueller's Day Off" has, after five years, sold for $1,060,000. (Click here or on a photo to go to a slideshow of the home.)
Originally designed in 1953 by A. James Speyer, a follower of the great modernist Ludwig Mies van der Rohe, the four-bedroom main house was joined in 1974 by the famous glassy pavilion, designed by David
Haid to showcase the original owner's car collection. The pavilion accommodates parking for four cars, plus an extra kitchen and bathroom.
Fittingly, this is where the film's Cameron Frye had his masterful über-conniption and totaled his dad's Ferrari.
The property first hit the market in 2009 for $2.3 million and was relisted for $1.65 million in early 2011. With no takers in sight, the brokers tried refreshing the place with some snazzy new decor but these efforts yielded no immediate luck. The home returned to market for $1.5 million in August 2013 and was price-chopped to $1.3 millionaround Thanksgiving.
Why the difficult sale? "So what do you do: split the family between the two buildings?" wrote Chicago Magazine's Dennis Rodkin in August. "Use one building as a home and the smaller, better one as an office?"
What say you, Ferris fans?

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