NOT LISTED FOR SALE

The Palmolive Condos 159 E Walton Place Unit 19A Chicago, IL 60611

Magnificent Mile Neighborhood

Estimated Value: $2,689,000 - $3,166,000

3 Beds
4 Baths
4,732 Sq Ft
0.57 Acre Lot

Sale Details

Date Sold: July 17, 2015

Last sale price $4,400,000 $930 Per Sq Ft

Est. 32% decrease in value since last sale

Current estimated payment $25,046 / mo

44 Days on Market

Highlights

  • Lake Front
  • Home Office
  • Walk-In Pantry
  • Wood Flooring
  • Sitting Room
  • 1-minute walk to Lakefront Park

About This Home

As of July 2015

Spectacular Palmolive home with 4,700 SQFT and unobstructed lake and Mich Ave views. Exquisite attention to detail. HDWD flrs thruout, Gracious formal DR. Spacious kit w/top appls, brkfast bar & eat-in area overlooking lake. Grand MSTR suite w/sit rm, lux bath w/Whirpool tub and lake view. Sep wing has 2 large Ensuites with BAs, custom office, laundry rm. 4 separate HVAC zones. 2 car parking inc. Premiere Living.

Last Agent to Sell the Property

Eileen Eisenstein

@properties Christie's International Real Estate License #471002699 Listed on: 04/15/2015

@properties Christie's International Real Estate

Last Buyer's Agent

Nicholas Colagiovanni

Baird & Warner License #475132688

Baird & Warner

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Year Built

  • 1929

Lot Details

  • Lake Front
  • Southern Exposure
  • East or West Exposure

HOA Fees

  • $3,978 per month

Parking

  • Attached Garage
  • Heated Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Marble or Granite Building Materials
  • Limestone

Interior Spaces

  • Bar Fridge
  • Electric Fireplace
  • Entrance Foyer
  • Sitting Room
  • Home Office
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Butlers Pantry
  • Double Oven
  • Microwave
  • High End Refrigerator
  • Bar Refrigerator
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bedroom Suite

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • North or South Exposure
  • City Lot

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

1929

Lot Details

0.57 Acres

HOA Fees

$3,978 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Unit Floor Level: 19
  • Age: 81-90 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 3.1
  • Estimated Year Built: 1929
  • Type Attached: Condo, High Rise (7+ Stories)
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 37
  • Year Built: 1929

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit
  • Number Of Rooms: 11
  • Living Room: Dimensions: 16X19, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven-Double, Oven/Range, Microwave, Dishwasher, High End Refrigerator, Refrigerator-Bar, Freezer, Washer, Dryer, Disposal
  • Fireplace Details: Electric
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 6X6, On Level: Main Level, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 13X15, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 14X19, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Island, Pantry-Butler, Pantry-Walk-in
  • Additional Rooms: Den, Foyer, Office, Sitting Room, Suite, Walk In Closet
  • Master Bedroom: Dimensions: 17X17, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Sitting, Dimensions: 9X12, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Office, Dimensions: 9X14, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 12X15, On Level: Main Level, Flooring: Hardwood
  • Additional Room 3 Name: Den, Dimensions: 10X14, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 13X14, On Level: Main Level, Flooring: Hardwood
  • Additional Room 4 Name: Suite, Dimensions: 10X18, On Level: Main Level, Flooring: Hardwood
  • Additional Room 5 Name: Foyer, Dimensions: 6X22, On Level: Main Level
  • Additional Room 6 Name: Walk in Closet, Dimensions: 8X15, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 4732
  • Dining Room Type: Separate
  • Family Room: Dimensions: 16X20, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Exterior Building Type: Marble/Granite, Limestone
  • Exposure: N (North), S (South), W (West), City, Lake/Water

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Forced Air, 2+ Sep Heating Systems, Zoned

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager On-site, Monday through Friday
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Door Person, Elevator, Exercise Room, Storage, On Site Manager/Engineer, Party Room, Receiving Room, Security Door Locks, Service Elevator, Steam Room, Whirlpool
  • Assessment Includes: Heat, Air Conditioning, Water, Gas, Parking, Common Insurance, Doorman, TV/Cable, Clubhouse, Exercise Facilities, Scavenger, Snow Removal
  • Assessment Association Fees: 3978
  • Management Contact Name: LYNN STEPHENS
  • Management Phone: 312-255-0159

Fee Information

  • Management Company: DRAPER AND KRAMER

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 17032130201020

Multi Family

  • Total Number Unitsin Building: 90
  • Number Stories: 37

Tax Info

  • Taxes: 14150

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.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2015
Closed on
Jul 10, 2015
Sold by
Seller's Agent
Eileen Eisenstein
@properties Christie's International Real Estate
Buyer's Agent
Nicholas Colagiovanni
Baird & Warner
List Price
$4,900,000
Sold Price
$4,400,000
Premium/Discount to List
-$500,000
-10.2%
Current Estimated Value
$2,979,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,420,421
Avg. Annual Appreciation
-3.44%
Original Mortgage
$2,840,000
Interest Rate
3.63%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 11, 2013
Sold by
Bought by

Purchase Details

Closed on
Dec 1, 2005
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Magnificent Mile, IL

  • Pearce Lashmett Real Estate Agent - Jameson Sotheby's Intl Realty

    Pearce Lashmett

    Responds Quickly

    Jameson Sotheby's Intl Realty

    (844) 225-2586

    57 Total Sales

    1 in Magnificent Mile

    $940,000 Price

    Pearce Lashmett
     Section Image
  • Katrina de los Reyes Real Estate Agent - Berkshire Hathaway HomeServices Chicago

    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
     Section Image
  • Gayle Stellas Real Estate Agent - Baird & Warner

    Gayle Stellas

    Baird & Warner

    (630) 626-8270

    73 Total Sales

    2 in Magnificent Mile

    $215K - $250K Price Range

    Gayle Stellas
     Section Image
  • Ken Jungwirth Real Estate Agent - @properties Christie's International Real Estate

    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
     Section Image
  • Armando Chacon Real Estate Agent - Century 21 S.G.R., Inc.

    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
     Section Image
  • Larissa Brodsky Real Estate Agent - Compass

    Larissa Brodsky

    Compass

    (877) 750-2096

    74 Total Sales

    1 in Magnificent Mile

    $480,000 Price

    Larissa Brodsky
     Section Image
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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
$4,400,000 First American Title
-- None Available
$3,630,500 --
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 $2,840,000
Previous Owner $1,500,000
Previous Owner $1,500,000
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
07/17/2015 07/17/15 Sold $4,400,000 -10.2% $930 / Sq Ft
05/29/2015 05/29/15 Pending -- -- --
04/15/2015 04/15/15 For Sale $4,900,000 -- $1,036 / Sq Ft
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 $56,672 $265,641 $13,013 $252,628
2024 $56,672 $265,641 $13,013 $252,628
2023 $61,796 $268,599 $10,483 $258,116
2022 $61,796 $300,446 $10,483 $289,963
2021 $60,417 $300,446 $10,483 $289,963
2020 $70,802 $317,826 $7,334 $310,492
2019 $69,293 $344,892 $7,334 $337,558
2018 $69,368 $351,172 $7,334 $343,838
2017 $67,253 $312,413 $4,714 $307,699
2016 $51,051 $254,887 $4,714 $250,173
2015 $28,280 $154,329 $4,714 $149,615
2014 $18,273 $102,887 $4,714 $98,173
2013 $14,150 $82,309 $4,714 $77,595
Source: Public Records

Agents Affiliated with this Home

  • Eileen Eisenstein Real Estate Agent - @ Properties

    Seller's Agent in 2015

    Eileen Eisenstein

    @ Properties

    (773) 327-7362

    34 Total Sales

    Eileen Eisenstein
    Section Image
  • Nicholas Colagiovanni Real Estate Agent - Baird Warner

    Buyer's Agent in 2015

    Nicholas Colagiovanni

    Baird Warner

    (312) 501-5151

    9 in this area

    205 Total Sales

    Nicholas Colagiovanni
    Section Image
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About The Palmolive Condos

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08891727

Midwest Real Estate Data (MRED)

APN: 17-03-213-020-1020

Illinois Cook County Chicago 60611 Magnificent Mile

159 E Walton Place Unit 19A, Chicago, IL

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) 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

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