Seller's Agent in 2025
Tim Salm
Jameson Sotheby's Intl Realty
(312) 751-0300
17 in this area
180 Total Sales
Encompassing an entire premier floor within Chicago's iconic Palmolive Building, high above the Mag Mile overlooking the endless azure of Lake Michigan, 159 E. Walton Place, unit 23A, is a professionally designed 5,400-sq-ft, 3 bed/3.5 bath home with flawless finishes and modern Art Deco appeal. Originally completed in 1929 by the renowned architectural firm of Holabird & Root, the Palmolive has been meticulously maintained for world-class living and affords exceptional amenities including a 24-hour door staff, concierge services, a fitness facility, a luxe spa, and the Beacon Club - and this breathtaking full-floor unit is its undisputed crown jewel. An unrivaled level of refinement is evident moment one in the private elevator foyer, where herringbone hardwood floors and timeless architectural details set an elegant tone. Seamlessly fanning out from here, a marvelous entertaining footprint unfolds, including a light-filled living room with a custom-built wet bar that boasts a Lindsey Adelman light fixture, an icemaker and a wine fridge, a stylish formal dining room, a traditional sitting room, a handsome library/den with ebony lacquered paneling and curved glass shelves, and a design-forward family room with Porta Romana swing arm sconces. With clean lines and concealed state-of-the-art appliances, the chef's kitchen is a glowing testament to the artisan craftsmanship found throughout, and features custom fluted lacquer wood cabinets, a large marble-topped island, professional appliances from Wolf/Sub-Zero/Bosch including a wine fridge, a butler's pantry, and a second dining space that overlooks the lakefront. Past a long gallery hall that provides a layer of privacy and links to the first of two editorial-worthy secondary bedrooms, this home's private quarters span the entire western end of the residence, and include a third ensuite bedroom, a private home office, and an expansive primary suite. Boasting a corner position for double exposure, the primary enchants with large windows, a fireplace with a 19th century French carved marble mantle, a spacious custom-designed walk-in closet, and a luxurious ensuite bath with Samuel Heath fixtures, Agape lighted mirrors, dual custom vanities, and heated marble floors. Additional designer details and amenities include custom paint, wallcoverings and window treatments, additional designer light fixtures from the likes of Apparatus and Studio Van den Akker, custom closets, a presentation-worthy powder room, a finely appointed walk-in laundry room, Savant smart home automation, trimless recessed lighting, and Lutron lighting control. With unparalleled panoramas and every modern comfort imaginable, 159 E. Walton Place, unit 23A, is a once-in-a-lifetime opportunity to own a spectacular piece of Chicago history.
Last Agent to Sell the Property
Jameson Sotheby's Intl Realty License #475133721 Listed on: 01/13/2025
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $5,150,000 | Chicago Title | |
| Warranty Deed | $6,250,000 | Chicago Title | |
| Special Warranty Deed | $5,154,000 | None Available |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $3,100,000 | Adjustable Rate Mortgage/ARM |
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/21/2025 02/21/25 | Sold | $5,150,000 | -13.4% | $954 / Sq Ft | |
| 01/21/2025 01/21/25 | Pending | -- | -- | -- | |
| 01/13/2025 01/13/25 | For Sale | $5,950,000 | -4.8% | $1,102 / Sq Ft | |
| 07/31/2018 07/31/18 | Sold | $6,250,000 | -7.4% | $1,157 / Sq Ft | View Prior Sale |
| 06/18/2018 06/18/18 | Pending | -- | -- | -- | |
| 02/21/2018 02/21/18 | For Sale | $6,750,000 | -- | $1,250 / Sq Ft |
| 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 | $68,056 | $319,004 | $15,627 | $303,377 |
| 2023 | $74,210 | $322,556 | $12,589 | $309,967 |
| 2022 | $74,210 | $360,801 | $12,589 | $348,212 |
| 2021 | $72,554 | $360,800 | $12,589 | $348,211 |
| 2020 | $85,025 | $381,671 | $8,807 | $372,864 |
| 2019 | $83,213 | $414,174 | $8,807 | $405,367 |
| 2018 | $83,303 | $421,716 | $8,807 | $412,909 |
| 2017 | $80,763 | $375,172 | $5,661 | $369,511 |
| 2016 | $61,306 | $306,090 | $5,661 | $300,429 |
| 2015 | $27,168 | $148,262 | $5,661 | $142,601 |
| 2014 | $22,924 | $123,555 | $5,661 | $117,894 |
| 2013 | $17,977 | $98,844 | $5,661 | $93,183 |
Seller's Agent in 2025
Tim Salm
Jameson Sotheby's Intl Realty
(312) 751-0300
17 in this area
180 Total Sales
Buyer's Agent in 2025
Jill Silverstein
Compass
(312) 877-1784
7 in this area
346 Total Sales
Seller's Agent in 2018
Jennifer Mills
Jameson Sotheby's Intl Realty
(773) 914-4422
3 in this area
253 Total Sales
Buyer's Agent in 2018
Elizabeth Bennan Ellis
Berkshire Hathaway HomeServices Chicago
(312) 543-0296
1 in this area
21 Total Sales
Source: Midwest Real Estate Data (MRED)
MLS Number: 12269632
APN: 17-03-213-020-1014