NOT LISTED FOR SALE

The Palmolive Condos 159 E Walton Place Unit 13F Chicago, IL 60611

Magnificent Mile Neighborhood

Estimated Value: $1,242,085 - $1,561,000

2 Beds
2.5 Baths
2,347 Sq Ft
25,003 Sq Ft Lot

Last Sold March 17, 2025

Last sale price $1,400,000 $597 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $12,245/month

Highlights

  • Doorman
  • Fitness Center
  • Wood Flooring
  • Steam Room
  • Lock-and-Leave Community
  • 1-minute walk to Lakefront Park

About This Home

As of March 2025

This home is located at 159 E Walton Place Unit 13F, Chicago, IL 60611 since 25 February 2025 and is currently estimated at $1,391,521, approximately $592 per square foot. This property was built in 1929. 159 E Walton Place Unit 13F is a home located in Cook County with nearby schools including Ogden Elementary School, Wells Community Academy High School, and Frances Xavier Warde School.

Last Agent to Sell the Property

Brian Loomis

Jameson Sotheby's Intl Realty License #475147942 Listed on: 02/25/2025

Jameson Sotheby's Intl Realty

Last Buyer's Agent

Katherine Malkin

Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $25,857

Year Built

  • Built in 1929

Lot Details

  • 0.57

HOA Fees

  • $2,850 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Parking Included in Price

Interior Spaces

  • 2,347 Sq Ft Home
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Shower Body Spray
  • Separate Shower

Accessible Home Design

  • Accessibility Features
  • No Interior Steps
  • Level Entry For Accessibility

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, internet
  • 99 Units
  • Lynn Stephens Association, Phone Number (312) 255-0159
  • Property managed by DRAPER & KRAMER
  • Lock-and-Leave Community
  • 37-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Steam Room
  • Party Room
  • Elevator
  • Service Elevator
  • Package Room
  • Community Storage Space

Recreation

  • Community Spa
  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$25,857

Year Built

Built in 1929

Lot Details

0.57 Acres

HOA Fees

$2,850 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1929
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 13
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 37

Interior Features

  • Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Stainless Steel Appliance(s), Wine Refrigerator
  • Basement: None
  • Accessibility Features: Main Level Entry, No Interior Steps
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • LivingArea: 2347
  • Room Type: Foyer
  • Stories Total: 37
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink,Full Body Spray Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Builder

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Marble/Granite,Limestone

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Electric: Circuit Breakers
  • Heating: Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 2850
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, Health Club, On Site Manager/Engineer, Party Room, Receiving Room, Security Door Lock(s), Service Elevator(s), Steam Room, Valet/Cleaner, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Saturday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: DRAPER & KRAMER
  • Management Contact Name: LYNN STEPHENS
  • Management Phone: 312-255-0159
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Gas, Internet

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 25857
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 99

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2019
Sold by
Taylor Christopher W
Bought by
Taylor Christopher W and Christopher W Taylor Living Trust
Current Estimated Value
$1,391,521

Purchase Details

Closed on
Nov 15, 2016
Sold by
Chicago Title Land Trust Co
Bought by
Taylor Christopher W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,162,000
Outstanding Balance
$917,138
Interest Rate
3.15%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$474,383

Purchase Details

Listed on
Apr 19, 2013
Closed on
Jun 21, 2013
Sold by
Barrett Marilyn E
Bought by
Chicago Title Land Trust Co
Seller's Agent
Catherine Calkins
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Nicholas Colagiovanni
Baird & Warner
List Price
$1,450,000
Sold Price
$1,413,000
Premium/Discount to List
-$37,000
-2.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.12%
Original Mortgage
$1,130,400
Interest Rate
3.4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 8, 2006
Sold by
Palmolive Tower Condominiums Llc
Bought by
Barrett Marilyn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.5%
Mortgage Type
New Conventional
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Taylor Christopher W -- Citywide Title Corporation
Taylor Christopher W -- First American Title
Chicago Title Land Trust Co $706,500 None Available
Barrett Marilyn E $1,405,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taylor Christopher W $1,162,000
Previous Owner Chicago Title Land Trust Co $1,130,400
Previous Owner Barrett Marilyn E $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/17/2025 03/17/25 Sold $1,400,000 -6.4% $597 / Sq Ft
02/25/2025 02/25/25 Pending -- -- --
02/25/2025 02/25/25 For Sale $1,495,000 +5.8% $637 / Sq Ft
06/21/2013 06/21/13 Sold $1,413,000 -2.6% $602 / Sq Ft View Prior Sale
04/21/2013 04/21/13 Pending -- -- --
04/19/2013 04/19/13 For Sale $1,450,000 -- $618 / 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 $25,857 $124,481 $6,098 $118,383
2024 $25,857 $124,481 $6,098 $118,383
2023 $28,255 $125,868 $4,913 $120,955
2022 $28,255 $140,792 $4,913 $135,879
2021 $27,642 $140,790 $4,912 $135,878
2020 $32,487 $148,934 $3,436 $145,498
2019 $31,782 $161,617 $3,436 $158,181
2018 $31,828 $164,561 $3,436 $161,125
2017 $30,789 $146,399 $2,209 $144,190
2016 $18,023 $92,484 $2,209 $90,275
2015 $8,835 $48,212 $2,209 $46,003
2014 $7,156 $38,570 $2,209 $36,361
2013 $6,537 $38,570 $2,209 $36,361
Source: Public Records

Agents Affiliated with this Home

  • Brian Loomis

    Seller's Agent in 2025

    Brian Loomis

    Jameson Sotheby's Intl Realty

    (312) 867-8130

    21 in this area

    53 Total Sales

    Brian Loomis
    Section Image
  • Katherine Malkin

    Buyer's Agent in 2025

    Katherine Malkin

    Compass

    (312) 319-1168

    17 in this area

    41 Total Sales

    Katherine Malkin
    Section Image

  • C

    Seller's Agent in 2013

    Catherine Calkins

    Berkshire Hathaway HomeServices Chicago

    Section Image
  • Nicholas Colagiovanni

    Buyer's Agent in 2013

    Nicholas Colagiovanni

    Baird Warner

    (312) 501-5151

    8 in this area

    202 Total Sales

    Nicholas Colagiovanni
    Section Image
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About The Palmolive Condos

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12298273

Midwest Real Estate Data (MRED)

APN: 17-03-213-020-1046

Illinois Cook County Chicago 60611 Magnificent Mile

159 E Walton Place Unit 13F, Chicago, IL

Not Listed for Sale

Condos

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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