The Palmolive Condos 159 E Walton Place Unit 12D Floor 12 Chicago, IL 60611
Magnificent Mile NeighborhoodEstimated payment $7,273/month
Highlights
- Doorman
- Fitness Center
- Party Room
- Steam Room
- Wood Flooring
- 1-minute walk to Lakefront Park
About This Home
Welcome to refined luxury living at the Chicago Landmark Palmolive Building. This 37 story Art Deco building was completed in 1929, then reimagined as a luxury residential condominium building in 2005. Residence 12D features two spacious bedrooms, two ensuite & one-half bathrooms, rich hardwood floors, and an elegant open floor plan designed for both comfort and entertaining. Enter through grand double-doors into a formal foyer that leads to a beautifully designed living room. Anchored by a marble surround gas fireplace, this generously sized space is perfect for relaxing or hosting guests. Large south facing windows flood the home with light. Unit 12D is a corner floor plan with south, east & west exposures. The chef's kitchen is thoughtfully appointed with island seating, top-of-the-line Wolf and Sub-Zero appliances, Italian Poliform Varenna cabinets & abundant counter space - ideal for everyday living and culinary entertaining. In unit washer & dryer included. Down the hall, the serene primary suite offers a spacious bedroom with expansive windows. The luxurious, spa-like primary bath features a marble double vanity, a separate soaking tub & an oversized shower. A desirable split-bedroom layout provides privacy for the generous second bedroom, complete with its own ensuite bath and ample closet space. This home includes a storage unit and one valet parking space in the attached garage. Residents of the Palmolive enjoy an exceptional array of amenities, including a state-of-the-art fitness center, men's and women's locker rooms, a rejuvenating sauna, and the exclusive Beacon Club resident lounge. Valet garage parking, 24-hour door staff, an on-site manager, and dedicated concierge service deliver a truly white-glove living experience. Experience the pinnacle of luxury living at the iconic Palmolive.
Listing Agent
@properties Christie's International Real Estate License #475122913 Listed on: 05/12/2026
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $14,536
Year Built
- Built in 1929 | Remodeled in 2005
HOA Fees
- $2,058 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Heated Garage
- Parking Available
- Parking Included in Price
Home Design
- Entry on the 12th floor
- Marble or Granite Building Materials
- Limestone
Interior Spaces
- 1,529 Sq Ft Home
- Built-In Features
- Entrance Foyer
- Family Room
- Combination Dining and Living Room
- Wood Flooring
- Home Security System
Kitchen
- Range
- Microwave
- High End Refrigerator
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Walk-In Closet
- Bathroom on Main Level
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Schools
- Ogden Elementary School
Utilities
- Forced Air Heating and Cooling System
- Lake Michigan Water
- Cable TV Available
Community Details
Overview
- Association fees include heat, air conditioning, water, gas, parking, insurance, security, doorman, tv/cable, exercise facilities, exterior maintenance, scavenger, snow removal, internet
- 98 Units
- Lynn Stephens Association, Phone Number (312) 255-0159
- Palmolive Building Landmark Subdivision
- Property managed by SUDLER
- 37-Story Property
Amenities
- Doorman
- Valet Parking
- Steam Room
- Sauna
- Party Room
- Service Elevator
- Package Room
- Community Storage Space
Recreation
- Bike Trail
Pet Policy
- Limit on the number of pets
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
- Carbon Monoxide Detectors
- Fire Sprinkler System
Map
About The Palmolive Condos
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $15,436 | $72,354 | $3,544 | $68,810 |
| 2024 | $15,436 | $72,354 | $3,544 | $68,810 |
| 2023 | $16,832 | $73,159 | $2,855 | $70,304 |
| 2022 | $16,832 | $81,833 | $2,855 | $78,978 |
| 2021 | $16,456 | $81,833 | $2,855 | $78,978 |
| 2020 | $19,284 | $86,567 | $1,997 | $84,570 |
| 2019 | $18,874 | $93,939 | $1,997 | $91,942 |
| 2018 | $18,894 | $95,650 | $1,997 | $93,653 |
| 2017 | $18,318 | $85,093 | $1,598 | $83,495 |
| 2016 | $17,043 | $85,093 | $1,598 | $83,495 |
| 2015 | $15,593 | $85,093 | $1,598 | $83,495 |
| 2014 | $12,618 | $68,008 | $1,284 | $66,724 |
| 2013 | $12,369 | $68,008 | $1,284 | $66,724 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/12/2026 05/12/26 | For Sale | $750,000 | +7.1% | $491 / Sq Ft | |
| 08/29/2024 08/29/24 | Sold | $700,000 | -6.5% | $458 / Sq Ft | View Prior Sale |
| 05/27/2024 05/27/24 | Pending | -- | -- | -- | |
| 05/20/2024 05/20/24 | For Sale | $749,000 | 0.0% | $490 / Sq Ft | |
| 07/26/2022 07/26/22 | Rented | $7,000 | -6.7% | -- | |
| 05/06/2022 05/06/22 | For Rent | $7,500 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $700,000 | Proper Title | |
| Warranty Deed | $700,000 | Proper Title | |
| Deed | -- | None Listed On Document | |
| Special Warranty Deed | $938,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $525,000 | New Conventional | |
| Closed | $525,000 | New Conventional | |
| Previous Owner | $703,500 | Purchase Money Mortgage |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12638466
APN: 17-03-213-020-1050
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Ask me questions while you tour the home.