After being listed multiple times for much higher prices, the Chicago area home featured in the 1986 film, “Ferris Buellers Day Off” has sold for $1.06 million dollars, which is half the original asking price.

The 5,300-square-foot house has two separate sections, the four-bedroom main house built in 1953, and the smaller building, completed in 1974. That portion of the home was featured in the movie as the garage where the father of Ferris’ friend Cameron kept his ’61 red Ferrari convertible.

The family that had the home up for sale, the Rose’s, originally had the home listed for $2.3 million in 2009 and later reduced that amount to $1.8 million and then later to $1.65 million before coming off the market in 2011.

In August of 2013 the Rose family relisted the property for $1.5 million and later lowered the asking price to $1.375 million, $1.275 million and $1.25 million before finally going under contract in January 2014 and selling for $1.06 million.

*Photos ©Coldwell Banker and their respective owners.