Seller's Agent in 2025
Mary O'Connor
Baird Warner
(312) 640-7010
3 in this area
6 Total Sales
The Palmolive Condos 159 E Walton Place Unit 7D Chicago, IL 60611
Magnificent Mile Neighborhood
3
Beds
3.5
Baths
3,157
Sq Ft
$4,140/mo
HOA Fee
Highlights
- Doorman
- Spa
- Wood Flooring
- Fitness Center
- Living Room with Fireplace
- 1-minute walk to Lakefront Park
About This Home
As of March 2025Seller Says Sell! Spectacular Value! All reasonable offers considered so please bring us one. Incredible and unique luxury home by world renowned designer, Alessandra Branca. Built by Bully & Andrews, this home is for the person who appreciates the finest quality and taste in timeless decor. No expense was spared to create this 3 bedroom, 3.5 bath showcase home in the landmark Palmolive Building, with special attention to even the smallest details. Interior features generous room sizes, separate dining room, 2 fireplaces with antique mantles from France and a wine storage room. Unit is currently vacant. Furnished photos taken previously when the owners lived there. 2 pkg spaces included. Easy to Show.
Last Agent to Sell the Property
Baird & Warner License #475124444 Listed on: 09/11/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $31,953
Year Built
- Built in 1929
HOA Fees
- $4,140 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Parking Included in Price
Interior Spaces
- 3,157 Sq Ft Home
- Coffered Ceiling
- Ceiling height of 10 feet or more
- Gas Log Fireplace
- Double Pane Windows
- Drapes & Rods
- Blinds
- Entrance Foyer
- Family Room
- Living Room with Fireplace
- 2 Fireplaces
- Formal Dining Room
- Storage
- Door Monitored By TV
Flooring
- Wood
- Partially Carpeted
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Dual Sinks
- Whirlpool Bathtub
- Steam Shower
- Separate Shower
Laundry
- Laundry Room
- Washer and Dryer Hookup
Utilities
- Forced Air Zoned Cooling and Heating System
- 200+ Amp Service
- Lake Michigan Water
- Cable TV Available
Additional Features
- Spa
- End Unit
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include heat, air conditioning, water, gas, parking, insurance, security, doorman, tv/cable, clubhouse, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal, internet
- 99 Units
- Lynn Stephens Association, Phone Number (312) 255-0159
- High-Rise Condominium
- Property managed by Sudler
- 37-Story Property
Amenities
- Doorman
- Party Room
- Elevator
- Service Elevator
- Package Room
- Community Storage Space
Recreation
Pet Policy
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
- Storm Screens
- Carbon Monoxide Detectors
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 11, 2023
Closed on
Feb 26, 2025
Sold by
Wittenmyer Eric and Wittenmyer Jill
Bought by
Rezko Daniel
Seller's Agent
Mary O'Connor
Baird & Warner
Buyer's Agent
Rita Rezko
Coldwell Banker Realty
List Price
$1,595,000
Sold Price
$1,200,000
Premium/Discount to List
-$395,000
-24.76%
Views
78
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
$106,237
Avg. Annual Appreciation
7.91%
Original Mortgage
$960,000
Outstanding Balance
$953,202
Interest Rate
7.88%
Mortgage Type
New Conventional
Estimated Equity
$322,183
Purchase Details
Closed on
Jul 18, 2007
Sold by
Palmolive Tower Condominiums Llc
Bought by
Wittenmyer Eric and Wittenmyer Jill
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,050,000
Interest Rate
8.25%
Mortgage Type
Unknown
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,200,000 | Saturn Title | |
| Special Warranty Deed | $1,856,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $960,000 | New Conventional | |
| Previous Owner | $2,050,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/14/2025 03/14/25 | Sold | $1,200,000 | -16.4% | $380 / Sq Ft |
| 01/29/2025 01/29/25 | Pending | -- | -- | -- |
| 10/22/2023 10/22/23 | Price Changed | $1,435,000 | -10.0% | $455 / Sq Ft |
| 09/11/2023 09/11/23 | For Sale | $1,595,000 | -- | $505 / 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 |
|---|---|---|---|---|
| 2025 | $31,953 | $153,056 | $7,498 | $145,558 |
| 2024 | $31,953 | $153,056 | $7,498 | $145,558 |
| 2023 | $34,902 | $154,760 | $6,040 | $148,720 |
| 2022 | $34,902 | $173,109 | $6,040 | $167,069 |
| 2021 | $34,141 | $173,109 | $6,040 | $167,069 |
| 2020 | $39,767 | $181,613 | $2,716 | $178,897 |
| 2019 | $37,941 | $192,275 | $2,716 | $189,559 |
| 2018 | $37,999 | $195,802 | $2,716 | $193,086 |
| 2017 | $38,023 | $180,004 | $2,716 | $177,288 |
| 2016 | $22,776 | $113,714 | $2,716 | $110,998 |
| 2015 | $10,863 | $59,279 | $2,716 | $56,563 |
| 2014 | $8,799 | $47,424 | $2,716 | $44,708 |
| 2013 | $8,625 | $47,424 | $2,716 | $44,708 |
Source: Public Records
Agents Affiliated with this Home
-
Mary O'Connor
-
Rita Rezko
Buyer's Agent in 2025
Rita Rezko
Coldwell Banker Realty
(847) 975-8887
1 in this area
7 Total Sales
About The Palmolive Condos
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11882297
APN: 17-03-213-020-1082
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