Seller's Agent in 2023
Brian Loomis
Jameson Sotheby's Intl Realty
(312) 867-8130
19 in this area
50 Total Sales
The Palmolive Condos 159 E Walton Place Unit 12E Chicago, IL 60611
Magnificent Mile NeighborhoodEstimated Value: $512,234 - $603,000
1
Bed
1
Bath
1,146
Sq Ft
$1,194/mo
HOA Fee
Highlights
- Doorman
- Fitness Center
- Wood Flooring
- Steam Room
- Lock-and-Leave Community
- 1-minute walk to Lakefront Park
About This Home
As of June 2023The Palmolive Building - Landmark Residences - Rarely available, high floor, 1146 sq ft one bedroom one bath residence. Elegant finishes include: 4-inch dark oak floors throughout, extensive moldings and mill-work, marble counter tops, Wolf, SubZero, & Miele appliances, in unit laundry, surround sound and custom lighting. Plantation shutters throughout this impeccable luxurious unit.Building amenities include: Beacon Club, fitness center w/sauna and whirlpool, and private storage. One valet parking space included in price.
Last Agent to Sell the Property
Jameson Sotheby's Intl Realty License #475147942 Listed on: 01/14/2022
Last Buyer's Agent
Jameson Sotheby's Intl Realty License #475147942 Listed on: 01/14/2022
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $11,373
Year Built
- Built in 1929
Lot Details
- 0.57
HOA Fees
- $1,194 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Heated Garage
- Garage Door Opener
- Parking Included in Price
- Deeded Parking Sold Separately
Home Design
- Concrete Perimeter Foundation
Interior Spaces
- 1,146 Sq Ft Home
- Family Room
- Living Room
- Dining Room
- Storage
- Wood Flooring
Kitchen
- Range
- Microwave
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- 1 Full Bathroom
- Whirlpool Bathtub
- Shower Body Spray
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Utilities
- Forced Air Zoned Heating and Cooling System
- 200+ Amp Service
Community Details
Overview
- Association fees include heat, air conditioning, water, gas, parking, insurance, security, doorman, tv/cable, clubhouse, exercise facilities, exterior maintenance, scavenger, snow removal, internet
- 97 Units
- Lynn Stephens Association, Phone Number (312) 255-0159
- High-Rise Condominium
- Palmolive Building Landmark Subdivision
- Property managed by Sudler Property Management
- Lock-and-Leave Community
- 37-Story Property
Amenities
- Doorman
- Steam Room
- Sauna
- Party Room
- Elevator
- Service Elevator
- Package Room
- Community Storage Space
Recreation
- Community Spa
- Bike Trail
Pet Policy
- Limit on the number of pets
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 14, 2022
Closed on
Jun 2, 2023
Sold by
Burgess Paul and Burgess Kelly
Bought by
Johansen Gary
Seller's Agent
Brian Loomis
Jameson Sotheby's Intl Realty
Buyer's Agent
Brian Loomis
Jameson Sotheby's Intl Realty
List Price
$625,000
Sold Price
$525,000
Premium/Discount to List
-$100,000
-16%
Views
18
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,809
Avg. Annual Appreciation
3.04%
Original Mortgage
$498,750
Outstanding Balance
$481,157
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$86,652
Purchase Details
Listed on
Jan 15, 2019
Closed on
Jun 3, 2019
Sold by
Kozin Walter
Bought by
Burgess Kelly and Burgess Paul
Seller's Agent
David Isquith
Coldwell Banker Realty
Buyer's Agent
Barbara Proctor
@properties Christie's International Real Estate
List Price
$619,900
Sold Price
$650,000
Premium/Discount to List
$30,100
4.86%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.17%
Original Mortgage
$617,500
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Apr 27, 2015
Closed on
Jun 12, 2015
Sold by
Weaver Amy J and Weaver Richard G
Bought by
Kozin Walter
Seller's Agent
Brian Loomis
Jameson Sotheby's Intl Realty
Buyer's Agent
David Isquith
Coldwell Banker Realty
List Price
$769,000
Sold Price
$700,000
Premium/Discount to List
-$69,000
-8.97%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.85%
Original Mortgage
$595,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jul 12, 2006
Sold by
Palmolive Tower Condominiums Llc
Bought by
Weaver Richard G and Weaver Amy J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,066
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Johansen Gary | $525,000 | Chicago Title | |
| Burgess Kelly | $650,000 | Chicago Title | |
| Kozin Walter | $700,000 | Proper Title Llc | |
| Weaver Richard G | $641,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Johansen Gary | $498,750 | |
| Previous Owner | Burgess Kelly | $617,500 | |
| Previous Owner | Kozin Walter | $595,000 | |
| Previous Owner | Weaver Richard G | $510,066 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/13/2023 06/13/23 | Sold | $525,000 | -4.5% | $458 / Sq Ft | |
| 04/25/2023 04/25/23 | Pending | -- | -- | -- | |
| 11/18/2022 11/18/22 | Price Changed | $550,000 | -4.3% | $480 / Sq Ft | |
| 09/28/2022 09/28/22 | Price Changed | $575,000 | -4.0% | $502 / Sq Ft | |
| 06/13/2022 06/13/22 | Price Changed | $599,000 | -4.2% | $523 / Sq Ft | |
| 01/14/2022 01/14/22 | For Sale | $625,000 | -3.8% | $545 / Sq Ft | |
| 06/06/2019 06/06/19 | Sold | $650,000 | +4.9% | $567 / Sq Ft | View Prior Sale |
| 05/13/2019 05/13/19 | Pending | -- | -- | -- | |
| 04/30/2019 04/30/19 | For Sale | $619,900 | -4.6% | $541 / Sq Ft | |
| 04/19/2019 04/19/19 | Off Market | $650,000 | -- | -- | |
| 03/19/2019 03/19/19 | Price Changed | $619,900 | -4.6% | $541 / Sq Ft | |
| 01/15/2019 01/15/19 | For Sale | $649,900 | -7.2% | $567 / Sq Ft | |
| 06/19/2015 06/19/15 | Sold | $700,000 | -9.0% | $611 / Sq Ft | View Prior Sale |
| 05/04/2015 05/04/15 | Pending | -- | -- | -- | |
| 04/27/2015 04/27/15 | For Sale | $769,000 | -- | $671 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
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 | $10,597 | $52,951 | $2,594 | $50,357 |
| 2024 | $10,597 | $52,951 | $2,594 | $50,357 |
| 2023 | $11,614 | $53,540 | $2,090 | $51,450 |
| 2022 | $11,614 | $59,889 | $2,090 | $57,799 |
| 2021 | $11,373 | $59,887 | $2,089 | $57,798 |
| 2020 | $14,113 | $63,352 | $1,461 | $61,891 |
| 2019 | $13,123 | $68,747 | $1,461 | $67,286 |
| 2018 | $13,149 | $69,999 | $1,461 | $68,538 |
| 2017 | $12,679 | $62,273 | $1,169 | $61,104 |
| 2016 | $11,972 | $62,273 | $1,169 | $61,104 |
| 2015 | $10,931 | $62,273 | $1,169 | $61,104 |
| 2014 | $8,758 | $49,770 | $939 | $48,831 |
| 2013 | $2,506 | $16,406 | $939 | $15,467 |
Source: Public Records
Agents Affiliated with this Home
-
Brian Loomis
-
David Isquith
Seller's Agent in 2019
David Isquith
Coldwell Banker Realty
(312) 607-0695
2 Total Sales
-
Barbara Proctor
Buyer's Agent in 2019
Barbara Proctor
@ Properties
(312) 320-0863
5 in this area
55 Total Sales
About The Palmolive Condos
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11304653
APN: 17-03-213-020-1051
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