The Palmolive Condos 159 E Walton Place Unit 13D Floor 13 Chicago, IL 60611
Magnificent Mile NeighborhoodEstimated payment $8,366/month
Highlights
- Very Popular Property
- Steam Room
- Fireplace in Primary Bedroom
- Doorman
- Fitness Center
- 1-minute walk to Lakefront Park
About This Home
Beautifully appointed split two-bedroom, two-bath condominium located in the historic and highly coveted Palmolive Building, one of Chicago's most celebrated architectural landmarks. This elegant residence welcomes you with a gracious foyer that opens to expansive living and dining spaces, ideal for both everyday living and entertaining. The fully integrated all black chef's kitchen features stone countertops, custom cabinetry, a Sub-Zero refrigerator, Wolf range, and convenient laundry. The south west corner primary suite features a fireplace and is filled with sunlight. The space offers excellent closet space along with a luxurious en-suite bath complete with a double vanity, whirlpool soaking tub, and separate shower. The second bedroom also functions beautifully as a den or home office, with a custom-designed closet providing exceptional storage. With three exposures, high ceilings, and abundant natural light, this home features classic hardwood floors throughout, recessed lighting, and thoughtfully organized closets. Parking included in price and building graciously assists with guest parking. The Palmolive Building, an Art Deco masterpiece originally completed in 1929, is renowned for its timeless elegance, impeccable service, and prime Gold Coast location. Residents enjoy full-service amenities including 24-hour door staff, fitness center, and the Beacon Room with catering kitchen, onsite management, and valet garage parking included in the price. Steps from Michigan Avenue, Oak Street shopping, world-class dining, and the lakefront, this is refined city living at its best.
Listing Agent
@properties Christie's International Real Estate License #475104005 Listed on: 01/12/2026
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $14,021
Year Built
- Built in 1929 | Remodeled in 2006
HOA Fees
- $1,995 Monthly HOA Fees
Parking
- 1 Car Garage
- Parking Included in Price
Home Design
- Entry on the 13th floor
Interior Spaces
- 1,529 Sq Ft Home
- Gas Log Fireplace
- Entrance Foyer
- Family Room
- Living Room with Fireplace
- 2 Fireplaces
- Combination Dining and Living Room
- Storage
- Wood Flooring
Kitchen
- Range
- Microwave
- High End Refrigerator
- Freezer
- Dishwasher
- Wine Refrigerator
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Fireplace in Primary Bedroom
- 2 Full Bathrooms
- Dual Sinks
- Whirlpool Bathtub
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Schools
- Ogden Elementary
Utilities
- Forced Air Heating and Cooling System
- Lake Michigan Water
Community Details
Overview
- Association fees include heat, water, gas, parking, insurance, security, doorman, tv/cable, exercise facilities, exterior maintenance, scavenger, snow removal
- 98 Units
- Lynn Stephens Association, Phone Number (312) 751-0900
- Property managed by Sudler
- 37-Story Property
Amenities
- Doorman
- Valet Parking
- 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
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 | $14,892 | $73,082 | $3,580 | $69,502 |
| 2024 | $14,892 | $73,082 | $3,580 | $69,502 |
| 2023 | $16,298 | $73,896 | $2,884 | $71,012 |
| 2022 | $16,298 | $82,658 | $2,884 | $79,774 |
| 2021 | $15,952 | $82,657 | $2,884 | $79,773 |
| 2020 | $19,479 | $87,438 | $2,017 | $85,421 |
| 2019 | $19,064 | $94,885 | $2,017 | $92,868 |
| 2018 | $19,084 | $96,613 | $2,017 | $94,596 |
| 2017 | $18,502 | $85,950 | $1,297 | $84,653 |
| 2016 | $14,045 | $70,124 | $1,297 | $68,827 |
| 2015 | $6,224 | $33,965 | $1,297 | $32,668 |
| 2014 | $5,252 | $28,306 | $1,297 | $27,009 |
| 2013 | $4,119 | $22,645 | $1,297 | $21,348 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/12/2026 01/12/26 | For Sale | $995,000 | -7.4% | $651 / Sq Ft | |
| 07/05/2018 07/05/18 | Sold | $1,075,000 | 0.0% | $703 / Sq Ft | View Prior Sale |
| 05/11/2018 05/11/18 | Pending | -- | -- | -- | |
| 03/05/2018 03/05/18 | For Sale | $1,075,000 | +25.0% | $703 / Sq Ft | |
| 07/09/2014 07/09/14 | Sold | $860,000 | -1.1% | $562 / Sq Ft | View Prior Sale |
| 05/21/2014 05/21/14 | Pending | -- | -- | -- | |
| 05/20/2014 05/20/14 | For Sale | $870,000 | -- | $569 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,075,000 | Near North National Title | |
| Warranty Deed | $860,000 | First American | |
| Special Warranty Deed | $888,500 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $752,500 | New Conventional | |
| Previous Owner | $688,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $450,000 | Fannie Mae Freddie Mac |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12534715
APN: 17-03-213-020-1044
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