The Palmolive Condos 159 E Walton Place Unit 7D Floor 7 Chicago, IL 60611
Magnificent Mile NeighborhoodEstimated payment $16,663/month
Highlights
- Doorman
- Spa
- Living Room with Fireplace
- Fitness Center
- Sauna
- 1-minute walk to Lakefront Park
About This Home
Residence 7D at the iconic Palmolive is a beautifully proportioned corner residence defined by timeless architecture, high ceilings, graciously scaled living spaces, and the unmatched service of one of Chicago's premier addresses. A private entrance foyer opens to expansive living and dining rooms designed for both elegant entertaining and comfortable everyday living. The spacious eat-in kitchen is appointed with Sub-Zero and Wolf appliances, custom cabinetry, generous workspace, and abundant storage. Architectural details-including two imported French fireplace mantels, custom millwork, and a private wine room-add warmth and character throughout the home. The thoughtfully designed floor plan provides exceptional privacy, with a gracious primary suite separated from two additional en-suite bedrooms. Designed to live like a single-family home in the sky, the residence offers a rare combination of scale, privacy, and elegance seldom found in today's luxury condominium market. Residents enjoy the Palmolive's exceptional amenities, including 24-hour door staff, on-site management and engineering, a fitness center, hospitality suite, receiving room, additional storage, and two garage parking spaces. Just steps from Michigan Avenue, Oak Street Beach, the lakefront, world-class shopping, and acclaimed dining, this exceptional home presents a rare opportunity to own in one of Chicago's most celebrated landmark buildings.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $31,097
Year Built
- Built in 1929
HOA Fees
- $4,140 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Parking Available
- Parking Included in Price
Home Design
- Entry on the 7th floor
- Marble or Granite Building Materials
- Limestone
Interior Spaces
- 3,157 Sq Ft Home
- Gas Log Fireplace
- Drapes & Rods
- Window Screens
- Entrance Foyer
- Family Room
- Living Room with Fireplace
- 2 Fireplaces
- Formal Dining Room
- Storage
- Sauna
- Door Monitored By TV
Kitchen
- Double Oven
- Gas Cooktop
- Microwave
- High End Refrigerator
- Dishwasher
- Stainless Steel Appliances
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Dual Sinks
- Whirlpool Bathtub
- Steam Shower
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
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 Community
- Property managed by Sudler
- 37-Story Property
Amenities
- Doorman
- Party Room
- Service Elevator
- Package Room
- Community Storage Space
Recreation
Pet Policy
- Dogs and Cats Allowed
Security
- On-Site Manager or Management
- Carbon Monoxide Detectors
- Fire Sprinkler System
Map
About The Palmolive Condos
Home Values in the Area
Average Home Value in this Area
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 | $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 |
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 |
|---|---|---|---|---|---|
| 08/20/2026 08/20/26 | For Sale | $1,800,000 | +50.0% | $570 / Sq Ft | |
| 03/14/2025 03/14/25 | Sold | $1,200,000 | -16.4% | $380 / Sq Ft | View Prior Sale |
| 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 |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,200,000 | Saturn Title | |
| Special Warranty Deed | $1,856,000 | None Available |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $960,000 | New Conventional | |
| Previous Owner | $1,860,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $105,000 | Unknown | |
| Previous Owner | $2,017,000 | New Conventional | |
| Previous Owner | $2,040,592 | New Conventional | |
| Previous Owner | $2,083,000 | VA | |
| Closed | $2,050,000 | Unknown |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12723886
APN: 17-03-213-020-1082
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