Steve Scheuring, the real estate agent who is listing the property, said the Ernest Hemingway Foundation, which bought the house from a private owner in 2002, had considered using it for foundation events but later decided against doing so, the Chicago Sun-Times reported.
The Clarence and Grace Hemingway home was designed by architect Henry G. Fiddelke in collaboration with Hemingway's mother, Grace Hall Hemingway, and the family moved into the house in 1906.
The Sun-Times said Hemingway apparently recovered at the house from his war wounds, which he would later write about in his semi-autobiographical novel, "A Farewell to Arms."
"The building was built originally as a glorious home for entertaining," Scheuring said. "Ernest's mother was really the one that took charge in assisting the design of the home. It once had a music room off the north side and she held music events in the home while the front two rooms off the entry foyer were his father's physician offices."
The house is now divided into three apartments but the living room on the main floor is its original size, Scheuring said.
The foundation seeks a buyer who will appreciate the home's "historic and literary value," Scheuring said.