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The visible portion of the sculpture depicts Monroe's legs, dress and panties. The top half of the sculpture is scheduled to be unveiled after 7 p.m. Friday, the Chicago Tribune reported.
Melissa Farrell, executive assistant at Zeller Realty Group, said the group's president, Paul Zeller, wants to keep the top half of the installment a "mystery" until the unveiling.
"(Zeller) likes to bring in things that cause a conversation," Farrell said. "They might be controversial, but he likes art that makes people think."