NOT LISTED FOR SALE

The Palmolive Condos 159 E Walton Place Unit 16B Chicago, IL 60611

Magnificent Mile Neighborhood

Estimated Value: $1,181,885

2 Beds

3 Baths

1,867 Sq Ft

0.57 Acre Lot

Date Sold: May 11, 2021

Last sale price $1,400,000 $750 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $10,351 / mo

182 Days on Market

Highlights

Wood Flooring
First Floor Utility Room
Walk-In Closet
Whirlpool Bathtub
Attached Garage
Breakfast Bar

About This Home

As of May 2021

Palmolive 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

Mary O'Connor

Baird & Warner License #475124444 Listed on: 10/06/2020

Last Buyer's Agent

Mary O'Connor

Baird & Warner License #475124444 Listed on: 10/06/2020

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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

Property Details

Home Type

Condominium

Year Built

1929

Lot Details

0.57 Acres

HOA Fees

$2,009 per month

Parking

Listing Details

Property Type: Attached Single
Built Before 1978 (Y/N): Yes
Unit Floor Level: 16
Age: 91-100 Years
Full Bathrooms: 2
Half Bathrooms: 1
Number Interior Fireplaces: 1
Ownership: Condo
Rebuilt(yn): Yes
Rebuilt Year: 2005
Total Full or Half Bathrooms: 2.1
Estimated Year Built: 1929
Type Attached: Condo
Special Features: None
Property Sub Type: Condos
Stories: 37
Year Built: 1929

Interior Features

Interior Property Features: Hardwood Floors
Number Of Rooms: 5
Living Room: Dimensions: 25X16, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, Range Hood
Equipment: TV-Dish
Fireplace Details: Gas Logs
Fireplace Location: Living Room
Bedrooms All Levels: 2
Primary Bedroom Bath: Full
Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
Above Grade Bedrooms: 2
Laundry: Dimensions: 5X8, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
Dining Room: Dimensions: COMBO, On Level: Main Level
Kitchen Type: Dimensions: 12X10, On Level: Main Level, Flooring: Hardwood, Windows: None
Kitchen Type: Eating Area-Breakfast Bar
Additional Rooms: Foyer, Storage, Walk In Closet, Utility Room-1st Floor
Master Bedroom: Dimensions: 18X16, On Level: Main Level, Flooring: Carpet, Windows: Blinds
Additional Room 1 Name: Foyer, Dimensions: 4X8, On Level: Main Level, Flooring: Hardwood, Windows: None
Additional Room 2 Name: Storage, Dimensions: 3X12, On Level: Main Level, Flooring: Vinyl, Windows: None
Bedroom 2: Dimensions: 20X14, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
Additional Room 3 Name: Walk in Closet, Dimensions: 7X5, On Level: Main Level, Flooring: Carpet, Windows: None
Additional Room 4 Name: Other, Dimensions: 5X5, On Level: Main Level, Flooring: Hardwood, Windows: None
Additional Room 5 Name: Utility Room-1st Floor, Dimensions: 4X4, On Level: Main Level, Flooring: Hardwood, Windows: None
Estimated Sq Ft: 1867
Dining Room Type: Combined w/ LivRm

Exterior Features

Exterior Building Type: Limestone
Exposure: N (North), W (West)

Garage/Parking

Number of Cars: 1
Parking: Garage
Garage Type: Attached
Garage Details: Garage Door Opener(s), Heated, 7 Foot or more high garage door
Garage On Site: Yes
Number Garage Spaces: 1
Parking Included In Price: Yes

Utilities

Electricity: Circuit Breakers
Air Conditioner: Central Air, Zoned
Water: Lake Michigan
Sewer: Sewer-Public
Heating Fuel: Gas

Condo/Co-op/Association

Max Pet Weight: 100
Pets Allowed: Yes
Fee Frequency: Monthly
Management: Manager On-site, Monday through Friday
Pet Information: Additional Pet Rent, Cats OK, Dogs OK, Pet Count Limitation
Common Area Amenities: Bike Room/Bike Trails, Door Person, Elevator, Exercise Room, Storage, On Site Manager/Engineer, Party Room, Receiving Room, Sauna, Service Elevator, Whirlpool
Assessment Includes: Heat, Air Conditioning, Water, Gas, Parking, Common Insurance, Security, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Scavenger, Snow Removal, Internet Access
Assessment Association Fees: 2009
Management Contact Name: Lynne Stephens
Management Phone: 312-255-0159

Fee Information

Management Company: Sudler

Schools

Junior High Dist: 299

Lot Info

Lot Dimensions: COMMON
Parcel Identification Number: 17032130201027

Multi Family

Total Number Unitsin Building: 96
Number Stories: 37

Tax Info

Taxes: 26571

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Apr 2021 - Present 5 Years and 4 Months

Private Individual

Purchase Details

Listed on

Oct 6, 2020

Closed on

Apr 28, 2021

Sold by

Bought by

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

$1,181,885

Estimated Appreciation

-$218,115

Avg. Annual Appreciation

-3.15%

May 2006 - Apr 2021 14 Years and 11 Months

Private Individual

Purchase Details

Closed on

May 19, 2006

Sold by

Bought by

Original Mortgage

$952,000

Interest Rate

7.12%

Mortgage Type

Unknown

Source: Public Records

Agents Specializing in Magnificent Mile, IL

Katrina de los Reyes

Berkshire Hathaway HomeServices Chicago

(630) 580-0919

282 Total Sales

5 in Magnificent Mile

$190K - $975K Price Range

Katrina de los Reyes
Gayle Stellas

Baird & Warner

(630) 626-8270

73 Total Sales

2 in Magnificent Mile

$215K - $250K Price Range

Gayle Stellas
Ken Jungwirth

Responds Quickly

@properties Christie's International Real Estate

(773) 917-1081

177 Total Sales

4 in Magnificent Mile

$879K - $5.5M Price Range

Ken Jungwirth
Armando Chacon

Responds Quickly

Century 21 S.G.R., Inc.

(888) 310-0896

99 Total Sales

2 in Magnificent Mile

$43K - $985K Price Range

Armando Chacon
Larissa Brodsky

Compass

(877) 750-2096

74 Total Sales

1 in Magnificent Mile

$480,000 Price

Larissa Brodsky
Wendi Gordon Shelist

Responds Quickly

@properties Christie's International Real Estate

(833) 476-2514

84 Total Sales

2 in Magnificent Mile

$150K - $1.8M Price Range

Wendi Gordon Shelist

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date	Buyer	Sale Price	Title Company
		$1,400,000	Chicago Title
		$1,204,500	Chicago Title Insurance Co

Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date	Status	Borrower	Loan Amount
	Previous Owner		$952,000

Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Seller's Agent in 2021

Mary O'Connor

Baird Warner

(312) 640-7010

1 in this area

2 Total Sales

Mary O'Connor
Seller's Agent in 2019

Katherine Malkin

Compass

(312) 319-1168

13 in this area

37 Total Sales

Katherine Malkin

See All Agents

About The Palmolive Condos

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10893483

APN: 17-03-213-020-1027

Illinois Cook County Chicago 60611 Magnificent Mile

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.

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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

Nearby Homes

The Palmolive Condos 159 E Walton Place Unit 16B Chicago, IL 60611

Sale Details

Highlights

About This Home

Property Details

Home Type

Year Built

Lot Details

HOA Fees

Parking

Home Design

Interior Spaces

Kitchen

Bedrooms and Bathrooms

Laundry

Utilities

Additional Features

Community Details

Property Details

Listing Details

Interior Features

Exterior Features

Garage/Parking

Utilities

Condo/Co-op/Association

Fee Information

Schools

Lot Info

Multi Family

Tax Info

Ownership History

Purchase Details

Home Financials for this Owner

Purchase Details

Home Financials for this Owner

Home Values in the Area

Average Home Value in this Area

Agents Specializing in Magnificent Mile, IL

Purchase History

Mortgage History

Property History

Tax History

Agents Affiliated with this Home

About The Palmolive Condos

Map