The Palmolive Condos 159 E Walton Place Unit 15A Chicago, IL 60611
Streeterville Neighborhood
3
Beds
4
Baths
2,832
Sq Ft
$2,522/mo
HOA Fee
Highlights
- Lake Front
- Whirlpool Bathtub
- Entrance Foyer
- Wood Flooring
- Attached Garage
- 1-minute walk to Lakefront Park
About This Home
As of December 2019Gorgeous home at the Palmolive with outstanding lake & city views from every room. Beautiful trim & moulding throughout. Grand foyer with double walnut doors & herringbone floors. Expansive living & dining rooms make for wonderful entertaining spaces. Clearing the Drake Hotel, the views are truly sensational with lake views and northern views up Lake Shore Drive. Sleek, white kitchen with top end appliances & great storage. Luxurious master suite with dual walk in closets & sumptuous marble bath. Two additional bedroom suites, a true laundry room, and powder room. The Palmolive is a full amenity, luxury building with a twenty four hour doorstaff, concierge services, and a full service maintenance staff. Parking for two cars included with two monthly washes per car!
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475104005 Listed on: 09/30/2019
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $34,062
Year Built
- 1929
Lot Details
- Lake Front
- East or West Exposure
HOA Fees
- $2,522 per month
Parking
- Attached Garage
- Parking Included in Price
- Garage Is Owned
Home Design
- Brick Exterior Construction
- Stone Siding
Interior Spaces
- Entrance Foyer
- Wood Flooring
Kitchen
- Oven or Range
- Microwave
- High End Refrigerator
- Dishwasher
Bedrooms and Bathrooms
- Primary Bathroom is a Full Bathroom
- Dual Sinks
- Whirlpool Bathtub
- Separate Shower
Laundry
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Hot Water Heating System
- Lake Michigan Water
Additional Features
- North or South Exposure
- City Lot
Community Details
- Pets Allowed
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 6, 2020
Sold by
Bucher Ruth
Bought by
Ruth E Bucher Amended & Restated Rev Tr
Purchase Details
Listed on
Sep 30, 2019
Closed on
Dec 5, 2019
Sold by
Burke Kevin J and Burke Marie Kirk
Bought by
Bucher Ruth
Seller's Agent
Emily Sachs Wong
@properties Christie's International Real Estate
Buyer's Agent
Kathleen Malone
Compass
List Price
$2,200,000
Sold Price
$2,000,000
Premium/Discount to List
-$200,000
-9.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.67%
Purchase Details
Listed on
May 26, 2015
Closed on
Aug 11, 2015
Sold by
Chicago Title Land Trust Company
Bought by
Burke Kevin J and Burke Marie Kirk
Seller's Agent
Emily Sachs Wong
@properties Christie's International Real Estate
Buyer's Agent
Phil Moss
Baird & Warner
List Price
$2,525,000
Sold Price
$2,350,000
Premium/Discount to List
-$175,000
-6.93%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.66%
Original Mortgage
$1,400,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jun 15, 2011
Sold by
Kehoe Thomas G
Bought by
Chicago Title Land Trust #8002356977
Purchase Details
Closed on
Oct 10, 2006
Sold by
Oconnell Cormac
Bought by
Kehoe Thomas G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,871,250
Interest Rate
6.62%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 7, 2006
Sold by
Palmolive Tower Condominiums Llc
Bought by
Oconnell Cormac
Similar Homes in Chicago, IL
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | North American Title Company | |
| Warranty Deed | $2,000,000 | Proper Title | |
| Deed | $2,350,000 | Multiple | |
| Warranty Deed | $2,450,000 | Fntic | |
| Warranty Deed | $2,495,000 | Multiple | |
| Special Warranty Deed | $2,049,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,828,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $1,834,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $1,400,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $1,880,000 | Unknown | |
| Previous Owner | $1,871,250 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/16/2024 09/16/24 | For Sale | $2,250,000 | +12.5% | $794 / Sq Ft |
| 12/10/2019 12/10/19 | Sold | $2,000,000 | -9.1% | $706 / Sq Ft |
| 10/26/2019 10/26/19 | Pending | -- | -- | -- |
| 09/30/2019 09/30/19 | For Sale | $2,200,000 | -6.4% | $777 / Sq Ft |
| 08/11/2015 08/11/15 | Sold | $2,350,000 | -6.9% | $830 / Sq Ft |
| 07/13/2015 07/13/15 | Pending | -- | -- | -- |
| 05/26/2015 05/26/15 | For Sale | $2,525,000 | -- | $892 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $34,062 | $159,660 | $7,821 | $151,839 |
| 2023 | $37,142 | $161,438 | $6,301 | $155,137 |
| 2022 | $37,142 | $180,580 | $6,301 | $174,279 |
| 2021 | $36,313 | $180,578 | $6,300 | $174,278 |
| 2020 | $42,554 | $191,025 | $4,408 | $186,617 |
| 2019 | $40,959 | $207,293 | $4,408 | $202,885 |
| 2018 | $41,014 | $211,067 | $4,408 | $206,659 |
| 2017 | $39,695 | $187,772 | $3,526 | $184,246 |
| 2016 | $37,108 | $187,772 | $3,526 | $184,246 |
| 2015 | $34,408 | $187,772 | $3,526 | $184,246 |
| 2014 | $27,844 | $150,071 | $2,833 | $147,238 |
| 2013 | $8,998 | $49,471 | $2,833 | $46,638 |
Source: Public Records
Agents Affiliated with this Home
-
M
Seller's Agent in 2024
Marguerite Soden
Compass
-
K
Seller Co-Listing Agent in 2024
Kathleen Malone
Compass
-
E
Seller's Agent in 2019
Emily Sachs Wong
@ Properties
-
P
Buyer's Agent in 2015
Phil Moss
Baird Warner
About The Palmolive Condos
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10533016
APN: 17-03-213-020-1031
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