Seller's Agent in 2025
Carrie McCormick
@ Properties
(312) 961-4612
27 in this area
714 Total Sales
The Palmolive Condos 159 E Walton Place Unit 5G Floor 5 Chicago, IL 60611
Magnificent Mile Neighborhood
1
Bed
1.5
Baths
2,000
Sq Ft
$2,608/mo
HOA Fee
Highlights
- Doorman
- Fitness Center
- Whirlpool Bathtub
- Steam Room
- Wood Flooring
- 1-minute walk to Lakefront Park
About This Home
As of December 2025Exquisitely appointed, one-of-a-kind 2000 SQFT one bedroom residence at the historic Palmolive Building! This space was thoughtfully designed with bespoke details throughout creating the ideal space to entertain. A graciously sized living room has a fireplace, large picture windows overlooking Michigan Avenue, built-in surround sound, and antique mirrored shelving. The impressive formal dining room features Venetian plaster walls and custom drapery and sheers by Holly Hunt, setting the scene for unforgettable dinner parties for even your most discerning guests. A large, eat-in chef's kitchen includes top-of-the line appliances, granite counters, and ample cabinet space. A stunning powder room completes the entertaining space. Custom wallpaper in the kitchen, powder room, and bedroom was designed by Philip Jeffries and Maya Romanoff. The sumptuous corner bedroom suite enjoys northwest exposures, a wall of custom closets, and a luxurious ensuite bathroom clad in Carrara marble with an oversized shower, separate jetted tub, and dual vanity. The laundry room features oversized, stackable washer/dryer, a sink, and cabinet storage. The Palmolive Building offers world-class amenities: 24-hour door staff, onsite manager and engineer, gym, steam room, and the Beacon Club party room. An onsite valet garage is available, with a parking right for one car included in the price.
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475123706 Listed on: 09/30/2025
Last Buyer's Agent
@properties Christie's International Real Estate License #475104005
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $21,555
Year Built
- Built in 1929 | Remodeled in 2006
Lot Details
- End Unit
HOA Fees
- $2,608 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Parking Available
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Entry on the 5th floor
- Marble or Granite Building Materials
- Limestone
Interior Spaces
- 2,000 Sq Ft Home
- 1-Story Property
- Fireplace With Gas Starter
- Entrance Foyer
- Family Room
- Living Room with Fireplace
- Dining Room
- Wood Flooring
Kitchen
- Range
- Microwave
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- Dual Sinks
- Whirlpool Bathtub
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Schools
- Ogden Elementary
- Wells Community Academy Senior H High School
Utilities
- Forced Air Heating and Cooling System
- Two Heating Systems
- Lake Michigan Water
Community Details
Overview
- Association fees include water, gas, parking, insurance, security, doorman, tv/cable, clubhouse, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal, internet
- 96 Units
- Lynn Stephens Association, Phone Number (312) 255-0159
- High-Rise Condominium
- Palmolive Building Landmark Subdivision
- Property managed by Sudler
Amenities
- Doorman
- Steam Room
- Party Room
- Elevator
- Package Room
- Community Storage Space
Recreation
- Bike Trail
Pet Policy
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 30, 2025
Closed on
Nov 10, 2025
Sold by
Mariano Nina Gianni
Bought by
Besser Luke
Seller's Agent
Carrie McCormick
@properties Christie's International Real Estate
Buyer's Agent
Emily Sachs Wong
@properties Christie's International Real Estate
List Price
$975,000
Sold Price
$850,000
Premium/Discount to List
-$125,000
-12.82%
Views
74
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
92.70%
Original Mortgage
$680,000
Outstanding Balance
$679,508
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$277,018
Purchase Details
Listed on
Jan 30, 2014
Closed on
Aug 1, 2014
Sold by
Speh Lawrence J
Bought by
Mariano Nina Gianni
Seller's Agent
Emily Sachs Wong
@properties Christie's International Real Estate
Buyer's Agent
Pamela Sage
Baird & Warner
List Price
$1,050,000
Sold Price
$1,050,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.85%
Purchase Details
Closed on
Nov 20, 2008
Sold by
Palmolive Tower Condominiums Llc
Bought by
Speh Lawrence J and Jonathan A Speh Primary Trust Establishe
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $850,000 | Chicago Title | |
| Warranty Deed | $1,050,000 | Chicago Title Insurance Co | |
| Special Warranty Deed | $1,112,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $680,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/05/2025 12/05/25 | Sold | $850,000 | -12.8% | $425 / Sq Ft | |
| 10/08/2025 10/08/25 | Pending | -- | -- | -- | |
| 09/30/2025 09/30/25 | For Sale | $975,000 | -7.1% | $488 / Sq Ft | |
| 08/05/2014 08/05/14 | Sold | $1,050,000 | 0.0% | $525 / Sq Ft | View Prior Sale |
| 07/10/2014 07/10/14 | Pending | -- | -- | -- | |
| 01/30/2014 01/30/14 | For Sale | $1,050,000 | -- | $525 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
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 | $21,555 | $101,039 | $4,950 | $96,089 |
| 2024 | $21,555 | $101,039 | $4,950 | $96,089 |
| 2023 | $23,505 | $102,164 | $3,987 | $98,177 |
| 2022 | $23,505 | $114,277 | $3,987 | $110,290 |
| 2021 | $22,980 | $114,277 | $3,987 | $110,290 |
| 2020 | $26,930 | $120,887 | $2,789 | $118,098 |
| 2019 | $26,356 | $131,182 | $2,789 | $128,393 |
| 2018 | $26,385 | $133,571 | $2,789 | $130,782 |
| 2017 | $26,051 | $121,014 | $1,793 | $119,221 |
| 2016 | $24,238 | $121,014 | $1,793 | $119,221 |
| 2015 | $22,175 | $121,014 | $1,793 | $119,221 |
| 2014 | $8,637 | $46,550 | $1,793 | $44,757 |
| 2013 | $8,466 | $46,549 | $1,793 | $44,756 |
Source: Public Records
Agents Affiliated with this Home
-
Carrie McCormick
-
Emily Sachs Wong
Buyer's Agent in 2025
Emily Sachs Wong
@ Properties
(312) 613-0022
18 in this area
784 Total Sales
-
Pamela Sage
Buyer's Agent in 2014
Pamela Sage
Baird Warner
(312) 640-7010
1 in this area
4 Total Sales
About The Palmolive Condos
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12483202
APN: 17-03-213-020-1113
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