Live Small Among the Millionaires in Chicago's Lake Forest Suburb


Want to live like a millionaire? Buy this simple house in Lake Forest, Ill. -- a one-bedroom, one-bath cottage for $350,000 listed by Coldwell Banker. It's just a few blocks from a similar one-bedroom, three-room cottage owned by Grace Groner, 100, who died in January and left $7 million to her alma mater, Lake Forest College. Yes, you read that right. A multi-millionaire lived in a similarly simple home in the high-end Lake Forest neighborhood outside Chicago.

Groner, a former secretary for nearby pharmaceutical company Abbott Laboratories, made her millions from just three shares of Abbott stock she bought in 1935 for $60 each, according to the Chicago Tribune.