The Palmolive Condos 159 E Walton Place Unit 28A Floor 28 Chicago, IL 60611
Magnificent Mile NeighborhoodEstimated payment $41,317/month
Highlights
- Doorman
- Fitness Center
- Gallery
- Water Views
- Family Room with Fireplace
- 1-minute walk to Lakefront Park
About This Home
Located on the 28th floor of the iconic Palmolive Building, this extraordinary full-floor residence offers an unmatched blend of historic grandeur, refined craftsmanship, and breathtaking panoramic views of Lake Michigan, the Magnificent Mile, and Navy Pier. Encompassing approximately 5,400 square feet, this impeccably designed 3-bedroom, 2.5-bath home decorated by acclaimed designer Paula Berg is a true masterpiece of luxury living. Arrive to your private elevator foyer wrapped in exquisite Romanoff rolled wood wall coverings before entering a dramatic rotunda adorned with a hand-applied silverleaf ceiling, Venetian plaster niches, and stunning marble, limestone, and onyx flooring. A powder room is located just off the entrance and guests will be in awe of the opulent Mother of Pearl-lined walls, marble countertop and nickel faucet. Every detail throughout the residence has been thoughtfully curated, from the soaring ceilings, rich hardwood floors, and classic Art Deco moldings to the custom Evan Lewis-designed fireplaces. Designed for elegant entertaining, the sprawling floor plan features a spectacular lounge and bar with Lalique glass panels, granite countertops, a Herbeau polished nickel sink, Franke faucet, refrigerator, and ice maker. The formal dining room is equally impressive and highlighted by Venetian plaster ceilings and breathtaking open lakeshore views. The adjacent DeGuillio kitchen is a culinary showpiece featuring a custom marble sink, Subzero refrigerator with butternut wood doors, sliding backsplash doors revealing hidden spice storage, and exceptional custom detailing throughout. A fully equipped butler's pantry includes antique mirror inserts, a German silver sink, warming drawer, refrigerator drawers, dishwasher and 1-inch maple countertops. Wine enthusiasts will appreciate the 600-bottle EuroCave wine coolers. Nearby, a sunlit laundry room offers a full-sized washer/dryer, marble countertops, and cabinetry for storage. The private wing of the home has 3 generous bedrooms, including a grand, oversized primary suite with a Venetian plaster ceiling, two walk-in closets, and Roman shades. The primary bathroom hosts custom burl wood and onyx cabinets, a Seura bathroom mirror with TV, a spectacular stand-alone Kohler tub and limestone shower. Modern conveniences include Lutron lighting, motorized shades, distributed audio/video creating an efficient total home control system. A richly appointed executive study/library featuring dramatic floor-to-ceiling custom millwork, built-in bookshelves, and a striking marble fireplace complemented by warm ambient lighting, oversized windows with city views, and refined designer finishes throughout. A sophisticated retreat ideal for a private office, reading room, or elegant work-from-home setting. This remarkable residence was prominently featured in the Winter 2017 issue of Sophisticated Living Chicago Magazine. Enjoy distinguished amenities including an exceptional full-service concierge staff, fitness center with hot tub spa, club room, and valet parking for three vehicles. Rich in Chicago history, this celebrated Art Deco landmark once housed the headquarters of Colgate-Palmolive-Peet Company and later Playboy Enterprises, making it one of the city's most distinguished residential addresses.
Listing Agent
@properties Christie's International Real Estate License #475149997 Listed on: 06/10/2026
Co-Listing Agent
@properties Christie's International Real Estate License #475119674
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $65,153
Year Built
- Built in 1929 | Remodeled in 2005
HOA Fees
- $7,555 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Parking Available
- Parking Included in Price
Home Design
- Entry on the 28th floor
- Marble or Granite Building Materials
- Limestone
Interior Spaces
- 5,400 Sq Ft Home
- 1-Story Property
- Bar
- Entrance Foyer
- Family Room with Fireplace
- 2 Fireplaces
- Living Room
- Dining Room
- Library with Fireplace
- Gallery
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
Schools
- Ogden Elementary School
Utilities
- Forced Air Zoned Heating and Cooling System
- Lake Michigan Water
Community Details
Overview
- Association fees include heat, air conditioning, water, gas, parking, insurance, doorman, tv/cable, exercise facilities, exterior maintenance, scavenger, snow removal, internet
- 99 Units
- Lynn Stephens Association, Phone Number (312) 255-0159
- Property managed by Sudler
Amenities
- Doorman
- Party Room
Recreation
Pet Policy
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Map
About The Palmolive Condos
Home Values in the Area
Average Home Value in this Area
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 | $69,188 | $327,588 | $16,047 | $311,541 |
| 2024 | $69,188 | $327,588 | $16,047 | $311,541 |
| 2023 | $75,504 | $331,236 | $12,928 | $318,308 |
| 2022 | $75,504 | $370,510 | $12,928 | $357,582 |
| 2021 | $73,836 | $370,509 | $12,927 | $357,582 |
| 2020 | $86,622 | $391,942 | $9,044 | $382,898 |
| 2019 | $84,763 | $425,320 | $9,044 | $416,276 |
| 2018 | $84,866 | $433,065 | $9,044 | $424,021 |
| 2017 | $82,210 | $385,269 | $5,814 | $379,455 |
| 2016 | $76,665 | $385,269 | $5,814 | $379,455 |
| 2015 | $27,420 | $152,256 | $5,814 | $146,442 |
| 2014 | $23,065 | $126,881 | $5,814 | $121,067 |
| 2013 | $17,983 | $101,505 | $5,814 | $95,691 |
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 |
|---|---|---|---|---|
| 06/10/2026 06/10/26 | For Sale | $5,200,000 | -- | $963 / Sq Ft |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Special Warranty Deed | $5,337,000 | None Available |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $2,250,000 | Credit Line Revolving |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12654631
APN: 17-03-213-020-1009
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Ask me questions while you tour the home.