The Palmolive Condos 159 E Walton Place Unit 5B Floor 5 Chicago, IL 60611
Magnificent Mile NeighborhoodEstimated payment $13,193/month
Highlights
- Doorman
- Fitness Center
- Fireplace in Primary Bedroom
- Steam Room
- Lock-and-Leave Community
- 1-minute walk to Lakefront Park
About This Home
Welcome 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.
Listing Agent
Jameson Sotheby's Intl Realty Brokerage Phone: (773) 251-6915 License #475147942 Listed on: 04/17/2026
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
- 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
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 |
|---|---|---|---|---|
| 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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 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 | -7.9% | $558 / Sq Ft | |
| 08/07/2015 08/07/15 | Sold | $1,515,000 | -14.6% | $606 / Sq Ft | View Prior Sale |
| 07/10/2015 07/10/15 | Pending | -- | -- | -- | |
| 04/06/2015 04/06/15 | For Sale | $1,775,000 | -- | $710 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,275,000 | Chicago Title Land Trust Co | |
| Deed | $1,515,000 | None Available | |
| Warranty Deed | $1,500,000 | None Available | |
| Special Warranty Deed | $1,669,500 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,020,000 | New Conventional |
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.
Based on information submitted to the MLS GRID. 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
- 159 E Walton Place Unit 8C
- 159 E Walton Place Unit PH
- 159 E Walton Place Unit 14A
- 159 E Walton Place Unit 5C
- 159 E Walton Place Unit 9E
- 159 E Walton Place Unit 18A
- 159 E Walton Place Unit 14B
- 159 E Walton Place Unit 13D
- 950 N Michigan Ave Unit 3704
- 950 N Michigan Ave Unit 4003
- 950 N Michigan Ave Unit 4303
- 950 N Michigan Ave Unit 3705
- 950 N Michigan Ave Unit 2305
- 950 N Michigan Ave Unit 4605
- 179 E Lake Shore Dr Unit 25W
- 100 E Walton St Unit 41DE
- 100 E Walton St Unit 11B
- 100 E Walton St Unit 11H
- 100 E Walton St Unit 42F
- 100 E Walton St Unit 35D
- 175 E Delaware Place Unit 5511
- 175 E Delaware Place Unit 9005
- 70 E Walton St Unit 1004
- 70 E Walton St Unit 702-802
- 70 E Walton St Unit 404
- 1000 N Lake Shore Dr Unit 12B
- 200 E Delaware Place Unit 200 E Delaware Pl
- 1000 N Lake Shore Plaza Unit 12B
- 70 E Walton St Unit 903
- 200 E Delaware Place Unit 26E
- 110 E Delaware Place Unit 1201
- 211 E Delaware Place
- 129 E Bellevue Place Unit 301
- 1000 N Lake Shore Dr Unit 1401
- 200 E Chestnut St
- 53 E Chestnut St Unit 1801
- 227 E Walton Place Unit 8W
- 227 E Walton Place Unit 2E
- 111 E Chestnut St Unit 20B
- 111 E Chestnut St Unit 17E
Ask me questions while you tour the home.