Rafay Qamar
Real Broker LLC
(833) 359-9113
1,072 Total Sales
2 in Magnificent Mile
$380K - $950K Price Range
The Palmolive Condos 159 E Walton Place Unit 5B Floor 5 Chicago, IL 60611
Magnificent Mile NeighborhoodEstimated Value: $1,369,666
2
Beds
2.5
Baths
2,500
Sq Ft
1929
Built
Highlights
- Doorman
- Fitness Center
- Fireplace in Primary Bedroom
- Steam Room
- Lock-and-Leave Community
- 1-minute walk to Lakefront Park
About This Home
As of June 2026Welcome to one of a kind split 2 bedroom floor plan in historic Palmolive Building steps from Michigan Ave. Ideal for entertaining; from hardwood flooring to gracious millwork, nothing has been overlooked! Clive Christian designed kitchen features hand-painted cabinets, marble counters & sculptured walnut island top; SubZero/Wolf appl. Generous dining room ideally situated off kitchen, open living room w/fireplace surrounded by arched built-ins. Butler's pantry provides wine storage, refrigeration & beverage drawers, leading to walnut-paneled study awash in custom cabinetry. Expansive primary suite feat a large seating area, fireplace w/marble surround + built-in storage. Large Poliform closet leads to luxurious spa bathroom bathed in marble w/soaking tub + oversized shower. Laundry room.One valet parking spot included. Exceptional services: 24-hour doorman, fitness room and beautifully appointed club room.
Last Agent to Sell the Property
Jameson Sotheby's Intl Realty Brokerage Phone: (773) 251-6915 License #475147942 Listed on: 04/17/2026
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Property Details
Home Type
- Condominium
Est. Annual Taxes
- $23,824
Year Built
- Built in 1929 | Remodeled in 2014
HOA Fees
- $3,260 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Heated Garage
- Parking Available
- Garage Door Opener
- Parking Included in Price
Home Design
- Entry on the 5th floor
- Marble or Granite Building Materials
- Limestone
Interior Spaces
- 2,500 Sq Ft Home
- Entrance Foyer
- Family Room
- Living Room with Fireplace
- 2 Fireplaces
- Formal Dining Room
- Library
- Gallery
- Wood Flooring
Kitchen
- Range
- Microwave
- High End Refrigerator
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Fireplace in Primary Bedroom
- Walk-In Closet
- Dual Sinks
- Soaking Tub
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Schools
- Ogden International Elementary And Middle School
- Wells Community Academy Senior H High School
Utilities
- Forced Air Heating and Cooling System
- Two Heating Systems
- Lake Michigan Water
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include heat, air conditioning, water, parking, insurance, security, doorman, tv/cable, clubhouse, exercise facilities, scavenger, snow removal
- 98 Units
- Lynn Stephens Association, Phone Number (312) 255-0159
- High-Rise Community
- Property managed by Sudler Property Management
- Lock-and-Leave Community
- 37-Story Property
Amenities
- Doorman
- Steam Room
- Sauna
- Party Room
- Package Room
- Community Storage Space
Recreation
- Community Spa
- Bike Trail
Pet Policy
- Limit on the number of pets
- Dogs and Cats Allowed
Security
- On-Site Manager or Management
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 17, 2026
Closed on
Jun 8, 2026
Sold by
Marshall Draper and Marshall Sally
Bought by
Seller's Agent
Brian Loomis
Jameson Sotheby's Intl Realty
Buyer's Agent
Ryan Preuett
Jameson Sotheby's Intl Realty
List Price
$1,499,000
Sold Price
$1,360,000
Premium/Discount to List
-$139,000
-9.27%
Views
46
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,666
Avg. Annual Appreciation
2.87%
Purchase Details
Listed on
Jul 13, 2020
Closed on
Nov 19, 2020
Sold by
Chicago Title Land Trust Company
Bought by
Draper John Marshall and Draper Sally
Seller's Agent
Jeffrey Lowe
Compass
Buyer's Agent
Teresa Costantini Levin
Berkshire Hathaway HomeServices Chicago
List Price
$1,395,000
Sold Price
$1,275,000
Premium/Discount to List
-$120,000
-8.6%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.16%
Original Mortgage
$1,020,000
Interest Rate
2.37%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 6, 2015
Closed on
Aug 6, 2015
Sold by
Aggarwal Arjun and Aggarwal Anuradha
Bought by
Chicago Title Land Trust Company and Trust #8002368855
Seller's Agent
Janet Owen
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Janet Owen
Berkshire Hathaway HomeServices Chicago
List Price
$1,775,000
Sold Price
$1,515,000
Premium/Discount to List
-$260,000
-14.65%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.21%
Purchase Details
Closed on
Feb 24, 2010
Sold by
Sprecher Jeffery C and Loeffler Kelly L
Bought by
Aggarwal Arjun and Aggarwal Anuradha
Purchase Details
Closed on
Apr 2, 2007
Sold by
Palmolive Tower Condominiums Llc
Bought by
Sprecher Jeffrey C and Loeffler Kelly L
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Magnificent Mile, IL
-
Rafay Qamar
-
Robert Calvin
Robert Calvin
@properties Christie's International Real Estate
(888) 364-6509
38 Total Sales
1 in Magnificent Mile
$170,000 Price
-
Cathy Wu
Cathy Wu
AiHome Realty Group LLC
(833) 658-6671
95 Total Sales
1 in Magnificent Mile
$220,000 Price
-
Joseph Burdick
Joseph Burdick
Weichert Realtors - Shoreline
(779) 242-2833
156 Total Sales
1 in Magnificent Mile
$730,000 Price
-
John Kubota
John Kubota
Real Broker LLC
(224) 808-4646
39 Total Sales
1 in Magnificent Mile
$173,000 Price
-
Joseph Deardurff
Joseph Deardurff
Keller Williams ONEChicago
(630) 864-6422
75 Total Sales
1 in Magnificent Mile
$370,000 Price
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 | Prior Sale |
|---|---|---|---|---|---|
| 06/16/2026 06/16/26 | Sold | $1,360,000 | -9.3% | $544 / Sq Ft | |
| 05/23/2026 05/23/26 | Pending | -- | -- | -- | |
| 04/17/2026 04/17/26 | For Sale | $1,499,000 | +17.6% | $600 / Sq Ft | |
| 11/19/2020 11/19/20 | Sold | $1,275,000 | -8.6% | $510 / Sq Ft | View Prior Sale |
| 09/27/2020 09/27/20 | Pending | -- | -- | -- | |
| 07/13/2020 07/13/20 | For Sale | $1,395,000 | -- | $558 / 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 | $25,304 | $124,512 | $6,099 | $118,413 |
| 2024 | $25,304 | $124,512 | $6,099 | $118,413 |
| 2023 | $27,699 | $125,899 | $4,914 | $120,985 |
| 2022 | $27,699 | $140,827 | $4,914 | $135,913 |
| 2021 | $27,113 | $140,825 | $4,913 | $135,912 |
| 2020 | $31,942 | $148,972 | $3,437 | $145,535 |
| 2019 | $32,479 | $161,659 | $3,437 | $158,222 |
| 2018 | $32,515 | $164,603 | $3,437 | $161,166 |
| 2017 | $31,523 | $146,436 | $2,750 | $143,686 |
| 2016 | $29,329 | $146,436 | $2,750 | $143,686 |
| 2015 | $26,834 | $146,436 | $2,750 | $143,686 |
| 2014 | $21,714 | $117,034 | $2,209 | $114,825 |
| 2013 | $21,286 | $117,034 | $2,209 | $114,825 |
Source: Public Records
Agents Affiliated with this Home
-
Brian Loomis
Seller's Agent in 2026
Brian Loomis
Jameson Sotheby's Intl Realty
(312) 867-8130
27 in this area
59 Total Sales
-
Ryan Preuett
Buyer's Agent in 2026
Ryan Preuett
Jameson Sotheby's Intl Realty
(312) 371-5951
7 in this area
197 Total Sales
-
Jeffrey Lowe
Seller's Agent in 2020
Jeffrey Lowe
Compass
(312) 883-3030
5 in this area
955 Total Sales
-
Teresa Costantini Levin
Buyer's Agent in 2020
Teresa Costantini Levin
Berkshire Hathaway HomeServices Chicago
(312) 203-5075
1 Total Sale
-
Janet Owen
Seller's Agent in 2015
Janet Owen
Berkshire Hathaway HomeServices Chicago
(312) 268-0700
2 in this area
7 Total Sales
About The Palmolive Condos
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12621140
APN: 17-03-213-020-1109
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
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