The 14-room Winnetka, Ill. house was used for the filming of the movie in 1990. The owners had been asking for $2.4 million, but after a year on the market, they settled for $1.6 million.
In addition to the exteriors, the filmmakers used the home's kitchen and main staircase in the movie.
KABC-TV LOS ANGELES, CA | Associated Press contributed to this report.