NOT LISTED FOR SALE

The Palmolive Condos 159 E Walton Place Unit 6E Chicago, IL 60611

Magnificent Mile Neighborhood

Estimated Value: $893,829 - $983,000

2 Beds
2.5 Baths
1,848 Sq Ft
0.57 Acre Lot

Sale Details

Date Sold: June 12, 2023

Last sale price $800,000 $433 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $8,028 / mo

195 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Wood Flooring
  • Steam Room
  • Lock-and-Leave Community
  • 1-minute walk to Lakefront Park

About This Home

As of June 2023

Sophisticated,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

Brian Loomis

Jameson Sotheby's Intl Realty License #475147942 Listed on: 10/10/2022

Jameson Sotheby's Intl Realty

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,686

Year Built

Built in 1929 | Remodeled in 2006

Lot Details

0.57 Acres

HOA Fees

$1,670 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1929
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 6
  • Rehab Year: 2006
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 37
  • Year Renovated: 2006

Interior Features

  • Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • LivingArea: 1848
  • Other Equipment: Security System
  • Room Type: Foyer
  • Stories Total: 37
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Plans

Exterior Features

  • Lot Features: Corner Lot
  • Waterfront: No
  • Exterior Building Type: Marble/Granite,Limestone

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated,7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Forced Air, Zoned
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 1670
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sauna, Security Door Lock(s), Service Elevator(s), Steam Room, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Sudler
  • Management Contact Name: Lynn Stephens
  • Management Phone: 312-255-0159
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Parking, Insurance, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Ogden Elementary

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 0

Tax Info

  • Tax Annual Amount: 18685.97
  • Tax Year: 2021

Multi Family

  • Units in Building: 98

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
Oct 10, 2022
Closed on
Jun 7, 2023
Sold by
Bought by
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
20
Current Estimated Value
$942,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,457
Avg. Annual Appreciation
5.46%

Purchase Details

Listed on
Apr 28, 2021
Closed on
Jun 14, 2021
Sold by
Bought by
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
0.0225%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2018
Sold by
Bought by

Purchase Details

Listed on
Mar 14, 2016
Closed on
Jul 29, 2016
Sold by
Bought by
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
-1.08%

Purchase Details

Closed on
Oct 24, 2007
Sold by
Bought by

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
0.0631%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 1, 2007
Sold by
Bought by

Purchase Details

Closed on
Jan 17, 2007
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase 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 Buyer Sale Price Title Company
$800,000 Proper Title
$892,500 Chicago Title
-- Attorney
-- Attorney
-- Attorney
$1,050,000 Stewart Title
$960,000 Chicago Title Insurance Co
$950,000 Ticor Title Insurance Compan
$744,000 None Available
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $300,000
Closed $968,400
Source: Public Records

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
06/12/2023 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 View Prior Sale
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 View Prior Sale
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

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 $16,268 $82,159 $4,025 $78,134
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

  • Brian Loomis

    Seller's Agent in 2023

    Brian Loomis

    Jameson Sotheby's Intl Realty

    (312) 867-8130

    25 in this area

    54 Total Sales

    Brian Loomis
    Section Image

  • J

    Buyer's Agent in 2023

    Jody Tate

    Jameson Sotheby's Intl Realty

  • Mary O'Connor

    Seller's Agent in 2021

    Mary O'Connor

    Baird Warner

    (312) 640-7010

    1 in this area

    2 Total Sales

    Mary O'Connor
    Section Image
  • Brad Lippitz

    Buyer's Agent in 2021

    Brad Lippitz

    Compass

    (847) 778-6207

    12 in this area

    518 Total Sales

    Brad Lippitz
    Section Image
  • Sharon Gillman

    Seller's Agent in 2016

    Sharon Gillman

    Compass

    (312) 925-2700

    4 in this area

    70 Total Sales

    Sharon Gillman
    Section Image
  • Jeffrey Lowe

    Buyer's Agent in 2016

    Jeffrey Lowe

    Compass

    (312) 883-3030

    5 in this area

    952 Total Sales

    Jeffrey Lowe
    Section Image
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About The Palmolive Condos

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11649266

Midwest Real Estate Data (MRED)

APN: 17-03-213-020-1090

Illinois Cook County Chicago 60611 Magnificent Mile

159 E Walton Place Unit 6E, Chicago, IL

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.

Midwest Real Estate Data (MRED) 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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