Mansion for sale: Inside UWM's historic Alumni House

MILWAUKEE (CBS 58)--14 bedrooms. 7 and a half baths, and 2 large fireplaces.  And a backyard right on Lake Michigan.  UW-Milwaukee is in the process of selling its alumni house, dating back to the early 1920's.  Over the years, this location has served as a dormitory, conference center, and office space. Those with the university say putting this property up for sale has been a tough decision.  But financially, it just made sense.

On CBS 58 Sunday Morning, Michael Schlesinger took viewers on a tour of the impressive property.