NOT LISTED FOR SALE

The Palmolive Condos 159 E Walton Place Unit 7D Chicago, IL 60611

Magnificent Mile Neighborhood

Estimated Value: $1,417,000 - $1,683,586

3 Beds
3.5 Baths
3,157 Sq Ft
0.57 Acre Lot

Sale Details

Date Sold: March 14, 2025

Last sale price $1,200,000 $380 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $15,052 / mo

505 Days on Market

Highlights

  • Doorman
  • Spa
  • Living Room with Fireplace
  • Fitness Center
  • Sauna
  • 1-minute walk to Lakefront Park

About This Home

As of March 2025

Seller 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

Mary O'Connor

Baird & Warner License #475124444 Listed on: 09/11/2023

Baird & Warner

Last Buyer's Agent

Rita Rezko

Coldwell Banker Realty License #475159407

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $31,953

Year Built

  • Built in 1929

Lot Details

  • 0.57

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
  • Sauna
  • 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 Community
  • 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

Property Details

Home Type

Condominium

Est. Annual Taxes

$31,953

Year Built

Built in 1929

Lot Details

0.57 Acres

HOA Fees

$4,140 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories),Vintage
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories),Vintage
  • 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): Yes
  • Rehab (Y/N): No
  • Unit Floor Level: 7
  • Rebuilt Year: 2005
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 37

Interior Features

  • Basement: None
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 2
  • Interior Amenities: Sauna, Hardwood Floors, Laundry Hook-Up in Unit, Storage, Ceiling - 10 Foot, Coffered Ceiling(s), Drapes/Blinds, Separate Dining Room, Some Wall-To-Wall Cp, Pantry
  • LivingArea: 3157
  • Other Equipment: TV-Cable, Fire Sprinklers, CO Detectors
  • Room Type: Foyer
  • Stories Total: 37
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower,Steam Shower,Double Sink
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room,Other
  • Total Sq Ft: 0
  • Window Features: Double Pane Windows,Curtains/Drapes
  • Flooring: Carpet
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Hot Tub, Storms/Screens, End Unit, Door Monitored By TV
  • Waterfront: No
  • Exterior Building Type: Marble/Granite,Limestone

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Cooling: Central Air, Zoned
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 4140
  • Association Amenities: Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Receiving Room, Service Elevator(s)
  • 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, Gas, Parking, Insurance, Security, Doorman, TV/Cable, Clubhouse, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet

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: 200

Tax Info

  • Tax Annual Amount: 31953
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 99

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
Sep 11, 2023
Closed on
Feb 26, 2025
Sold by
Bought by
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
$1,554,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$354,397
Avg. Annual Appreciation
21.48%
Original Mortgage
$960,000
Interest Rate
0.0788%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 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
$2,050,000
Interest Rate
0.0825%
Mortgage Type
Unknown
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
$1,200,000 Saturn Title
$1,856,000 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
Open $960,000
Previous Owner $1,860,000
Previous Owner $105,000
Previous Owner $2,017,000
Previous Owner $2,040,592
Previous Owner $2,083,000
Closed $2,050,000
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
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

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
Source: Public Records

Agents Affiliated with this Home

  • Mary O'Connor

    Seller's Agent in 2025

    Mary O'Connor

    Baird Warner

    (312) 640-7010

    1 in this area

    2 Total Sales

    Mary O'Connor
    Section Image
  • Rita Rezko

    Buyer's Agent in 2025

    Rita Rezko

    Coldwell Banker Realty

    (847) 975-8887

    1 in this area

    6 Total Sales

    Rita Rezko
    Section Image
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About The Palmolive Condos

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11882297

Midwest Real Estate Data (MRED)

APN: 17-03-213-020-1082

Illinois Cook County Chicago 60611 Magnificent Mile

159 E Walton Place Unit 7D, 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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