4 of 7
Hefner bought the house in the mid-1950s for $400,000 and spent more than $400,000 improving it, according to Wagner. His famous 1970s-era parties were thrown in this home.

Hef eventually fled Chicago for warmer climes and donated the building to the Art Institute of Chicago. The museum was unable to afford the maintenance, however, and sold the property.

NEXT: Kitchen

Email | Print | Share
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)
Last updated May 04 2010: 12:20 PM ET
Buy ScarJo's hilltop manse Even starlets are subject to the faltering real estate market. Just three years after buying her Los Angeles home, Johansson is selling it for $2 million less than she paid. More
Inside Trump's private jetThe real estate mogul's upgrading to a larger private jet, so his 1968 Boeing 727, estimated to cost between $4 million and $8 million, is on the market. More
High life on the high seas Just as the world's biggest cruise ship, Oasis of the Seas, took its maiden voyage, plans were announced for the world's most luxe ocean liner: The Utopia. More
Special Offer