Seller's Agent in 2021
Mary O'Connor
Baird Warner
(312) 640-7010
3 in this area
6 Total Sales
The Palmolive Condos 159 E Walton Place Unit 16B Chicago, IL 60611
Magnificent Mile NeighborhoodEstimated Value: $1,017,000 - $1,409,410
2
Beds
3
Baths
1,867
Sq Ft
$2,009/mo
HOA Fee
Highlights
- Wood Flooring
- First Floor Utility Room
- Walk-In Closet
- Whirlpool Bathtub
- Attached Garage
- 1-minute walk to Lakefront Park
About This Home
As of May 2021Palmolive Landmark Residences. Highest floor 2BR/ 2.5 Bath home in the building with Lake Views from Every Room. 10ft ceilings, wide plank oak floors, large windows, Marble fireplace, Open kitchen floor plan with custom Italian cabinetry, Wolf and Sub-Zero appliances, and full height granite. Two split bedroom suites each with walk in closets and full bath. Luxurious limestone Master Bath features whirlpool, separate shower and dual marble sinks. Laundry room with generous storage area. Heated, Valet parking available included in the price. Full-service building with luxurious Beacon Club party room, sauna, exercise room. First Class building with First Class Services in a fabulous location. Also available for rent. Broker owned.
Last Agent to Sell the Property
Baird & Warner License #475124444 Listed on: 10/06/2020
Property Details
Home Type
- Condominium
Year Built
- 1929
Lot Details
- 0.57
HOA Fees
- $2,009 per month
Parking
- Attached Garage
- Garage ceiling height seven feet or more
- Heated Garage
- Garage Door Opener
- Parking Included in Price
Home Design
- Limestone
Interior Spaces
- Gas Log Fireplace
- Entrance Foyer
- First Floor Utility Room
- Storage Room
- Wood Flooring
Kitchen
- Breakfast Bar
- Oven or Range
- Range Hood
- 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
Utilities
- Zoned Heating and Cooling
- Heating System Uses Gas
- Lake Michigan Water
Additional Features
- North or South Exposure
- East or West Exposure
Community Details
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 6, 2020
Closed on
Apr 28, 2021
Sold by
Pappas Nicholas J and Bergdahl Linda J
Bought by
Chawla Kapil
Seller's Agent
Mary O'Connor
Baird & Warner
Buyer's Agent
Mary O'Connor
Baird & Warner
List Price
$1,482,000
Sold Price
$1,400,000
Premium/Discount to List
-$82,000
-5.53%
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
-$243,424
Avg. Annual Appreciation
-3.83%
Purchase Details
Closed on
May 19, 2006
Sold by
Palmolive Tower Condominiums Llc
Bought by
Pappas Nicholas J and Bergdahl Linda J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$952,000
Interest Rate
7.12%
Mortgage Type
Unknown
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 |
|---|---|---|---|
| Chawla Kapil | $1,400,000 | Chicago Title | |
| Pappas Nicholas J | $1,204,500 | Chicago Title Insurance Co | |
| Pappas Nicholas J | $1,204,500 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Pappas Nicholas J | $952,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/11/2021 05/11/21 | Sold | $1,400,000 | -5.5% | $750 / Sq Ft |
| 04/06/2021 04/06/21 | Pending | -- | -- | -- |
| 10/06/2020 10/06/20 | For Sale | $1,482,000 | 0.0% | $794 / Sq Ft |
| 05/01/2019 05/01/19 | Rented | $7,800 | -7.1% | -- |
| 04/24/2019 04/24/19 | Under Contract | -- | -- | -- |
| 02/18/2019 02/18/19 | For Rent | $8,400 | +7.7% | -- |
| 12/04/2017 12/04/17 | Rented | $7,800 | -1.3% | -- |
| 12/01/2017 12/01/17 | Under Contract | -- | -- | -- |
| 09/18/2017 09/18/17 | Price Changed | $7,900 | -7.1% | $4 / Sq Ft |
| 08/17/2017 08/17/17 | Price Changed | $8,500 | -4.5% | $5 / Sq Ft |
| 06/23/2017 06/23/17 | For Rent | $8,900 | -- | -- |
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 | $22,296 | $104,507 | $5,119 | $99,388 |
| 2024 | $22,296 | $104,507 | $5,119 | $99,388 |
| 2023 | $24,312 | $105,672 | $4,124 | $101,548 |
| 2022 | $24,312 | $118,201 | $4,124 | $114,077 |
| 2021 | $23,099 | $118,200 | $4,124 | $114,076 |
| 2020 | $27,163 | $125,037 | $2,885 | $122,152 |
| 2019 | $26,572 | $135,686 | $2,885 | $132,801 |
| 2018 | $26,612 | $138,157 | $2,885 | $135,272 |
| 2017 | $25,732 | $122,908 | $1,854 | $121,054 |
| 2016 | $19,584 | $100,276 | $1,854 | $98,422 |
| 2015 | $10,645 | $60,713 | $1,854 | $58,859 |
| 2014 | $7,033 | $40,477 | $1,854 | $38,623 |
| 2013 | $5,411 | $32,381 | $1,854 | $30,527 |
Source: Public Records
Agents Affiliated with this Home
-
Mary O'Connor
-
Katherine Malkin
Seller's Agent in 2019
Katherine Malkin
Compass
(312) 319-1168
17 in this area
40 Total Sales
About The Palmolive Condos
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10893483
APN: 17-03-213-020-1027
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