The Palmolive Condos 159 E Walton Place Unit 31A Floor 31 Chicago, IL 60611
Magnificent Mile NeighborhoodEstimated payment $45,970/month
Total Views
39,621
3
Beds
3.5
Baths
5,500
Sq Ft
$1,090
Price per Sq Ft
Highlights
- Hot Property
- Fitness Center
- Family Room with Fireplace
- Doorman
- Lock-and-Leave Community
- 1-minute walk to Lakefront Park
About This Home
Full floor Art Deco masterpiece pays homage to the 1929 built Palmolive Building with no details overlooked. This full floor renovation by Liederbach & Graham Architects, designed by Steven Gambrel includes private elevator foyer, (3) bedrooms, sitting room plus library with adjacent office. Caretti Terrazzo floor in main foyer. French Oak-Parquet de Versailles flooring throughout main living areas. Salon features opal glass fireplace mantel. Stunning millwork including shelving and glass cabinets for artwork and books throughout. The kitchen showcases an Officine Gullo Range complimented by Sub-Zero & Miele appliances with expansive eat in dining table and bench overlooking Lake Michigan and Oak Street Beach. Primary bathroom on point with Calacatta and Belgium black marbles. Home features (3) fireplaces including one in red leather wrapped library. Primary walk-in closet featured in Architectural Digest boasts natural light via window seats, bleached walnut custom cabinetry with leather-topped, double-sided chest of drawers. Home features electronic blinds throughout. There are (4) garage spots included with (2) more available.
Listing Agent
@properties Christie's International Real Estate License #475124410 Listed on: 12/03/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $66,849
Year Built
- Built in 1929 | Remodeled in 2016
HOA Fees
- $8,865 Monthly HOA Fees
Parking
- 4 Car Garage
- Parking Included in Price
Home Design
- Entry on the 31st floor
Interior Spaces
- 5,500 Sq Ft Home
- Fireplace With Gas Starter
- Entrance Foyer
- Family Room with Fireplace
- 2 Fireplaces
- Sitting Room
- Living Room
- Formal Dining Room
- Home Office
Kitchen
- Double Oven
- Microwave
- High End Refrigerator
- Dishwasher
- Stainless Steel Appliances
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Walk-In Closet
- Soaking Tub
- Shower Body Spray
Laundry
- Laundry Room
- Dryer
- Washer
Utilities
- Forced Air Zoned Heating and Cooling System
- Lake Michigan Water
Community Details
Overview
- Association fees include water, parking, doorman, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal
- 99 Units
- Lynn Stephens Association, Phone Number (312) 255-0159
- High-Rise Condominium
- Palmolive Building Landmark Subdivision
- Property managed by Draper & Kramer
- Lock-and-Leave Community
- 37-Story Property
Amenities
- Doorman
- Sauna
- Party Room
- Elevator
- Service Elevator
- Package Room
- Community Storage Space
Recreation
- Community Spa
- Bike Trail
Pet Policy
- Limit on the number of pets
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Map
About The Palmolive Condos
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
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 |
|---|---|---|---|---|
| 2024 | $70,986 | $332,737 | $16,300 | $316,437 |
| 2023 | $77,405 | $336,441 | $13,131 | $323,310 |
| 2022 | $77,405 | $376,333 | $13,131 | $363,202 |
| 2021 | $75,677 | $376,331 | $13,130 | $363,201 |
| 2020 | $88,685 | $398,101 | $9,186 | $388,915 |
| 2019 | $86,795 | $432,004 | $9,186 | $422,818 |
| 2018 | $86,889 | $439,871 | $9,186 | $430,685 |
| 2017 | $84,240 | $391,322 | $5,905 | $385,417 |
| 2016 | $63,946 | $319,267 | $5,905 | $313,362 |
| 2015 | $35,423 | $193,311 | $5,905 | $187,406 |
| 2014 | $23,911 | $128,874 | $5,905 | $122,969 |
| 2013 | $18,751 | $103,100 | $5,905 | $97,195 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/03/2025 12/03/25 | For Sale | $5,995,000 | -- | $1,090 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $6,750,000 | None Available | |
| Special Warranty Deed | $5,847,500 | None Available |
Source: Public Records
About the Listing Agent
Ken's goal is to make the buying and selling of property as enjoyable and pain free as possible for his clients. Ken is resourceful, detail-oriented and prides himself on providing his clients with timely communication. Even with the wealth of information on the internet today, you need a trusted advisor to help you analyze the data and be your advocate during the sales cycle.
Ken has been recognized as a top-producing agent by the Chicago Association of Realtors from 2007-2024. Ken
Ken's Other Listings
Source: Midwest Real Estate Data (MRED)
MLS Number: 12527349
APN: 17-03-213-020-1006
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