Seller's Agent in 2023
Brian Loomis
Jameson Sotheby's Intl Realty
(312) 867-8130
19 in this area
51 Total Sales
The Palmolive Condos 159 E Walton Place Unit 6E Chicago, IL 60611
Streeterville NeighborhoodEstimated Value: $806,000 - $944,000
2
Beds
2.5
Baths
1,848
Sq Ft
$1,670/mo
HOA Fee
Highlights
- Doorman
- Fitness Center
- Wood Flooring
- Steam Room
- Lock-and-Leave Community
- 1-minute walk to Lakefront Park
About This Home
As of June 2023Sophisticated,beautifully appointed and elegant home in the historic Palmolive Landmark Residences. Premiere Gold Coast location just off of Michigan Avenue. This gracious, southeast corner apartment features a formal entry, large windows, 10' ceiling height, beautifully detailed moldings, wide plank oak floors, in unit laundry, and a fireplace. The open chef's kitchen includes appliances from wolf and subzero, Varenna cabinetry and sleek, full height, black granite. There are two generously sized, split bedroom suites each with a full bath and outfitted with black out shades. The 2nd bedroom has a custom built-in wall unit for the television, additional storage and a desk area. Powder room for guests. One valet parking space, bike storage and storage cage are included. The Palmolive building is a full amenity, service oriented, luxury building with gym, 24 hr doorstaff , manager and concierge, live-in engineer and the Beacon Club for entertaining. A stunning unit that is serene like none other!
Last Agent to Sell the Property
Jameson Sotheby's Intl Realty License #475147942 Listed on: 10/10/2022
Last Buyer's Agent
Jody Tate
Jameson Sotheby's Intl Realty License #475181875
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $18,686
Year Built
- Built in 1929 | Remodeled in 2006
Lot Details
- 0.57
HOA Fees
- $1,670 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Garage ceiling height seven feet or more
- Heated Garage
- Garage Transmitter
- Garage Door Opener
- Parking Included in Price
Interior Spaces
- 1,848 Sq Ft Home
- Entrance Foyer
- Family Room
- Living Room
- Dining Room
- Wood Flooring
- Home Security System
Kitchen
- Range
- Microwave
- High End Refrigerator
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Dual Sinks
- Whirlpool Bathtub
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Schools
- Ogden Elementary School
Utilities
- Forced Air Zoned Heating and Cooling System
- 200+ Amp Service
Community Details
Overview
- Association fees include heat, air conditioning, water, parking, insurance, doorman, tv/cable, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal
- 98 Units
- Lynn Stephens Association, Phone Number (312) 255-0159
- Property managed by Sudler
- Lock-and-Leave Community
- 37-Story Property
Amenities
- Doorman
- Steam Room
- Sauna
- Party Room
- Elevator
- Service Elevator
- 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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 10, 2022
Closed on
Jun 7, 2023
Sold by
Mark Vincent Gregor-Pearse Revocable Tru
Bought by
Jennifer Virant Trust
Seller's Agent
Brian Loomis
Jameson Sotheby's Intl Realty
Buyer's Agent
Jody Tate
Jameson Sotheby's Intl Realty
List Price
$885,000
Sold Price
$800,000
Premium/Discount to List
-$85,000
-9.6%
Views
23
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
$88,028
Avg. Annual Appreciation
4.78%
Purchase Details
Listed on
Apr 28, 2021
Closed on
Jun 14, 2021
Sold by
Brolick Emil J and Emil J Brolick Qualified Perso
Bought by
Gregor Pearse Mark Vincent and Gregor Mark Vincent
Seller's Agent
Mary O'Connor
Baird & Warner
Buyer's Agent
Brad Lippitz
Compass
Sold Price
$892,500
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.38%
Original Mortgage
$300,000
Interest Rate
2.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 19, 2018
Sold by
Brolick Maureen E
Bought by
Qualifi Brolick Maureen E and 2018 Maureen E Brolick Qualified Person
Purchase Details
Listed on
Mar 14, 2016
Closed on
Jul 29, 2016
Sold by
Levin Robert M
Bought by
Brolick Emil J and Brolick Maureen E
Seller's Agent
Sharon Gillman
Compass
Buyer's Agent
Jeffrey Lowe
Compass
List Price
$1,085,000
Sold Price
$1,050,000
Premium/Discount to List
-$35,000
-3.23%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.87%
Purchase Details
Closed on
Oct 24, 2007
Sold by
Amerimark Bank
Bought by
Smith W Harris
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$968,400
Interest Rate
6.31%
Mortgage Type
Unknown
Purchase Details
Closed on
Aug 1, 2007
Sold by
Oconnell Cormac and Buckley Mortimer
Bought by
Amerimark Bank and Trust #07-556
Purchase Details
Closed on
Jan 17, 2007
Sold by
Palmolive Tower Condominiums Llc
Bought by
Oconnell Cormac and Buckley Mortimer
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
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jennifer Virant Trust | $800,000 | Proper Title | |
| Gregor Pearse Mark Vincent | $892,500 | Chicago Title | |
| Qualifi Brolick Maureen E | -- | Attorney | |
| Qualified Brolick Emil J | -- | Attorney | |
| Brolick Emil J | -- | Attorney | |
| Brolick Emil J | $1,050,000 | Stewart Title | |
| Smith W Harris | $960,000 | Chicago Title Insurance Co | |
| Amerimark Bank | $950,000 | Ticor Title Insurance Compan | |
| Oconnell Cormac | $744,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Gregor Pearse Mark Vincent | $300,000 | |
| Previous Owner | Smith W Harris | $968,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/12/2023 06/12/23 | Sold | $800,000 | -5.8% | $433 / Sq Ft |
| 04/24/2023 04/24/23 | Pending | -- | -- | -- |
| 03/15/2023 03/15/23 | Price Changed | $849,000 | -4.1% | $459 / Sq Ft |
| 10/10/2022 10/10/22 | For Sale | $885,000 | -0.8% | $479 / Sq Ft |
| 06/21/2021 06/21/21 | Sold | $892,500 | -3.9% | $483 / Sq Ft |
| 05/07/2021 05/07/21 | Pending | -- | -- | -- |
| 05/07/2021 05/07/21 | For Sale | -- | -- | -- |
| 04/28/2021 04/28/21 | For Sale | $929,000 | -11.5% | $503 / Sq Ft |
| 07/29/2016 07/29/16 | Sold | $1,050,000 | -3.2% | $662 / Sq Ft |
| 03/31/2016 03/31/16 | Pending | -- | -- | -- |
| 03/14/2016 03/14/16 | For Sale | $1,085,000 | -- | $684 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $16,268 | $82,159 | $4,025 | $78,134 |
| 2023 | $17,846 | $83,073 | $3,242 | $79,831 |
| 2022 | $17,846 | $92,923 | $3,242 | $89,681 |
| 2021 | $18,686 | $92,923 | $3,242 | $89,681 |
| 2020 | $21,898 | $98,298 | $2,268 | $96,030 |
| 2019 | $21,431 | $106,669 | $2,268 | $104,401 |
| 2018 | $21,454 | $108,611 | $2,268 | $106,343 |
| 2017 | $20,800 | $96,623 | $1,814 | $94,809 |
| 2016 | $19,353 | $96,623 | $1,814 | $94,809 |
| 2015 | $17,706 | $96,623 | $1,814 | $94,809 |
| 2014 | $14,328 | $77,223 | $1,458 | $75,765 |
| 2013 | $14,045 | $77,223 | $1,458 | $75,765 |
Source: Public Records
Agents Affiliated with this Home
-
-
J
Buyer's Agent in 2023
Jody Tate
Jameson Sotheby's Intl Realty
-
Seller's Agent in 2021
Mary O'Connor
Baird Warner
(312) 640-7010
4 in this area
8 Total Sales
-
Buyer's Agent in 2021
Brad Lippitz
Compass
(847) 778-6207
19 in this area
535 Total Sales
-
Seller's Agent in 2016
Sharon Gillman
Compass
(312) 925-2700
5 in this area
92 Total Sales
-
Buyer's Agent in 2016
Jeffrey Lowe
Compass
(312) 883-3030
13 in this area
1,103 Total Sales
About The Palmolive Condos
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11649266
APN: 17-03-213-020-1090
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