Seller's Agent in 2020
Emily Sachs Wong
@ Properties
(312) 613-0022
18 in this area
784 Total Sales
The Palmolive Condos 159 E Walton Place Unit 16A Chicago, IL 60611
Magnificent Mile NeighborhoodEstimated Value: $1,808,180 - $2,388,000
3
Beds
4
Baths
3,259
Sq Ft
$3,535/mo
HOA Fee
Highlights
- Lake Front
- Whirlpool Bathtub
- Attached Garage
- Wood Flooring
- Sitting Room
- 1-minute walk to Lakefront Park
About This Home
As of March 2020Enjoy outstanding lake and beachfront views from this premier one-of-a-kind home at the Palmolive. Originally a four bedroom, this home is configured as a three bedroom with a truly luxurious master suite that offers a separate sitting room/dressing area, huge walk-in closet, and a spa bath. Two additional bedroom suites offer luxe living w attached baths and ample closets. The grand foyer has a fireplace and sensational lake views. The expansive living room has three sides of windows, and offers space for multiple seating areas plus a separate dining room overlooking Michigan Ave. The well appointed and updated kitchen offers Wolf, Sub Zero, and Miele appliances as well as a wine fridge, DeGuilio sink, and a hidden pull out table for an eat-in space. Fabulous storage, designer powder room, and a true laundry room complete this outstanding home. The Palmolive is a full service, concierge building with a spa, fitness center, beautiful community room, and a wonderful staff. Valet parking for two cars included! Sensational views!
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475104005 Listed on: 09/03/2019
Last Buyer's Agent
Thomas Gorman
Jameson Sotheby's Intl Realty License #475148416
Property Details
Home Type
- Condominium
Year Built | Renovated
- 1929 | 2003
Lot Details
- Lake Front
- East or West Exposure
HOA Fees
- $3,535 per month
Parking
- Attached Garage
- Heated Garage
- Parking Included in Price
- Garage Is Owned
Home Design
- Marble or Granite Building Materials
- Limestone
Interior Spaces
- Built-In Features
- Entrance Foyer
- Sitting Room
- Storage
- Wood Flooring
Kitchen
- Oven or Range
- Microwave
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- Walk-In Closet
- Primary Bathroom is a Full Bathroom
- Dual Sinks
- Whirlpool Bathtub
- Separate Shower
Laundry
- Dryer
- Washer
Eco-Friendly Details
- North or South Exposure
Utilities
- Forced Air Zoned Heating and Cooling System
- Lake Michigan Water
Community Details
- Pets Allowed
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 3, 2019
Closed on
Feb 18, 2020
Sold by
Lenny Richard H and Lenny Susan M
Bought by
Calhoun David L and Calhoun Barbara D
Seller's Agent
Emily Sachs Wong
@properties Christie's International Real Estate
Buyer's Agent
Thomas Gorman
Jameson Sotheby's Intl Realty
List Price
$2,850,000
Sold Price
$2,750,000
Premium/Discount to List
-$100,000
-3.51%
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
-$688,618
Avg. Annual Appreciation
-4.80%
Purchase Details
Listed on
Nov 11, 2013
Closed on
Apr 21, 2014
Sold by
Germont Joy
Bought by
Lenny Susan M and Lenny Richard H
Seller's Agent
Emily Sachs Wong
@properties Christie's International Real Estate
Buyer's Agent
Janet Owen
Berkshire Hathaway HomeServices Chicago
List Price
$2,995,000
Sold Price
$2,785,000
Premium/Discount to List
-$210,000
-7.01%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.22%
Purchase Details
Closed on
Dec 4, 2006
Sold by
Palmolive Tower Condominiums Llc
Bought by
Germont Joy
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 |
|---|---|---|---|
| Calhoun David L | $2,750,000 | Premier Title | |
| Lenny Susan M | $2,785,000 | None Available | |
| Germont Joy | $2,815,000 | None Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/04/2020 03/04/20 | Sold | $2,750,000 | -3.5% | $844 / Sq Ft | |
| 01/27/2020 01/27/20 | Pending | -- | -- | -- | |
| 09/03/2019 09/03/19 | For Sale | $2,850,000 | +2.3% | $875 / Sq Ft | |
| 04/21/2014 04/21/14 | Sold | $2,785,000 | -7.0% | $855 / Sq Ft | View Prior Sale |
| 02/14/2014 02/14/14 | Pending | -- | -- | -- | |
| 11/11/2013 11/11/13 | For Sale | $2,995,000 | -- | $919 / 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 | $39,549 | $185,383 | $9,081 | $176,302 |
| 2024 | $39,549 | $185,383 | $9,081 | $176,302 |
| 2023 | $43,126 | $187,447 | $7,316 | $180,131 |
| 2022 | $43,126 | $209,673 | $7,316 | $202,357 |
| 2021 | $42,163 | $209,671 | $7,315 | $202,356 |
| 2020 | $49,410 | $221,801 | $5,118 | $216,683 |
| 2019 | $48,358 | $240,690 | $5,118 | $235,572 |
| 2018 | $48,410 | $245,073 | $5,118 | $239,955 |
| 2017 | $47,797 | $222,033 | $3,290 | $218,743 |
| 2016 | $44,471 | $222,033 | $3,290 | $218,743 |
| 2015 | $40,687 | $222,033 | $3,290 | $218,743 |
| 2014 | $10,181 | $57,442 | $3,290 | $54,152 |
| 2013 | $9,969 | $57,442 | $3,290 | $54,152 |
Source: Public Records
Agents Affiliated with this Home
-
Emily Sachs Wong
-
T
Buyer's Agent in 2020
Thomas Gorman
Jameson Sotheby's Intl Realty
-
Janet Owen
Buyer's Agent in 2014
Janet Owen
Berkshire Hathaway HomeServices Chicago
(312) 268-0700
2 in this area
11 Total Sales
About The Palmolive Condos
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10504068
APN: 17-03-213-020-1026
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