$542,500
SOLD JUN 12, 2025
1 Bed
1 Bath
1,146 Sq Ft
$1,502/ mo HOA Fee

Recently Sold

$473 Per Sq Ft

3% Below List Price

11 Days on Market

Highlights

  • Doorman
  • Wood Flooring
  • Sauna
  • Fitness Center
  • Whirlpool Bathtub
  • 1-minute walk to Lakefront Park

About This Home

As of June 2025

Tremendous opportunity awaits at the prestigious Palmolive Building! This elegant 1-bedroom has been meticulously maintained and lives beautifully! A perfect in-town landing pad or full time city dwelling. Unit 7F welcomes you with an impressive double-door entry with dual closets that opens into the bright living room with oversized windows, tall ceilings and beautiful moldings throughout. The large kitchen/dining room features high end appliances, a great layout for both cooking and entertaining. Gracious oversized bedroom with a walk in closet and beautiful marble bath. Full amenity building with 1 parking spot included, health club, and door staff all at one of Chicago's most sought-after locations. Do not miss!

Last Agent to Sell the Property

Annika Valdiserri

@properties Christie's International Real Estate License #475124227 Listed on: 04/30/2025

@properties Christie's International Real Estate

Last Buyer's Agent

Aileen Ocana

Casa Moderna Real Estate License #475173047

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,813

Year Built

  • Built in 1929

HOA Fees

  • $1,502 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Included in Price

Home Design

  • Entry on the 7th floor
  • Stone Siding

Interior Spaces

  • 1,146 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Ogden Elementary

Utilities

  • Forced Air Zoned Heating and Cooling System
  • 200+ Amp Service
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, parking, insurance, doorman, exercise facilities, scavenger, snow removal
  • 93 Units
  • Lynn Stephens Association, Phone Number (312) 255-0159
  • High-Rise Condominium
  • Palmolive Building Landmark Subdivision
  • Property managed by Draper and Kramer

Amenities

  • Doorman
  • Sauna
  • Party Room
  • Elevator
  • Service Elevator
  • Community Storage Space

Recreation

  • Community Spa

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,813

Year Built

Built in 1929

Lot Details

0 Sq Ft Lot

HOA Fees

$1,502 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories)
  • Ownership: Condo
  • EntryLevel: 7
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories)
  • Subdivision Name: Palmolive Building Landmark
  • 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
  • Rehab Year: 0000
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Hardwood
  • LivingArea: 1146
  • Room Type: No additional rooms
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 0
  • Bathroom Amenities: Whirlpool
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Flooring: Hardwood

Exterior Features

  • Construction Materials: Stone
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: On Site, Garage Owned, Attached, Garage
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Forced Air, Sep Heating Systems - 2+, Zoned
  • Laundry Features: Washer Hookup
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 1502
  • Association Amenities: Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sauna, Service Elevator(s), Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Draper and Kramer
  • Management Contact Name: Lynn Stephens
  • Management Phone: 312-255-0159

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Gas, Parking, Insurance, Doorman, Exercise Facilities, Scavenger, Snow Removal

Schools

  • Elementary School: Ogden Elementary
  • Middle/Junior School: Ogden Elementary

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 10813
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 93

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2025
Closed on
Jun 12, 2025
Sold by
Herbert Michael Goodman Trust and Goodman Herbert Michael
Bought by
Bernstein Living Trust and Bernstein
Seller's Agent
Annika Valdiserri
@properties Christie's International Real Estate
Buyer's Agent
Aileen Ocana
Casa Moderna Real Estate
List Price
$560,000
Sold Price
$542,500
Premium/Discount to List
-$17,500
-3.12%
Views
37
Current Estimated Value
$553,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,410
Avg. Annual Appreciation
-0.14%

Purchase Details

Closed on
Jan 27, 2023
Sold by
Goodman Herbert Michael
Bought by
Herbert Goodman Trust

Purchase Details

Listed on
Aug 17, 2020
Closed on
Mar 10, 2022
Sold by
Mel-K Properties Ltd
Bought by
Goodman Herbert Michael
Seller's Agent
Brian Loomis
Jameson Sotheby's Intl Realty
Buyer's Agent
Annika Valdiserri
@properties Christie's International Real Estate
List Price
$699,000
Sold Price
$615,000
Premium/Discount to List
-$84,000
-12.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.08%
Original Mortgage
$250,000
Interest Rate
3.63%

Purchase Details

Listed on
Aug 17, 2020
Closed on
Feb 25, 2022
Sold by
Mel-K Properties Ltd
Bought by
Goodman Herbert Michael
Seller's Agent
Brian Loomis
Jameson Sotheby's Intl Realty
Buyer's Agent
Annika Valdiserri
@properties Christie's International Real Estate
List Price
$699,000
Sold Price
$615,000
Premium/Discount to List
-$84,000
-12.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.63%

Purchase Details

Closed on
Feb 3, 2020
Sold by
Herrick Meloney G Karos
Bought by
Mel K Properties Ltd

Purchase Details

Closed on
Jan 15, 2015
Sold by
Herrick Meloney Karos
Bought by
Karos Herrick Meloney G and Meloney G Karos Herrick Living Trust

Purchase Details

Listed on
May 9, 2014
Closed on
Aug 25, 2014
Sold by
Germont Joy
Bought by
Herrick Meloney Karos
Seller's Agent
Emily Sachs Wong
@properties Christie's International Real Estate
Buyer's Agent
Eddie Diaz
Baird & Warner
List Price
$699,000
Sold Price
$685,000
Premium/Discount to List
-$14,000
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.00%

Purchase Details

Closed on
Jan 12, 2007
Sold by
Palmolive Tower Condominiums Llc
Bought by
Germont Joy
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

Date Type Sale Price Title Company
Warranty Deed $542,500 Chicago Title Insurance Compan
Warranty Deed -- Alta Commitment For Title Insu
Warranty Deed $615,000 --
Warranty Deed $615,000 --
Quit Claim Deed -- Attorney
Interfamily Deed Transfer -- None Available
Warranty Deed $685,000 Cti
Special Warranty Deed $469,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $250,000 No Value Available
Previous Owner $250,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/12/2025 06/12/25 Sold $542,500 -3.1% $473 / Sq Ft
05/11/2025 05/11/25 Pending -- -- --
04/30/2025 04/30/25 For Sale $560,000 -8.9% $489 / Sq Ft
03/03/2022 03/03/22 Sold $615,000 -12.0% $537 / Sq Ft View Prior Sale
01/22/2022 01/22/22 Pending -- -- --
08/17/2020 08/17/20 For Sale $699,000 +2.0% $610 / Sq Ft
08/25/2014 08/25/14 Sold $685,000 -2.0% $598 / Sq Ft View Prior Sale
07/11/2014 07/11/14 Pending -- -- --
05/09/2014 05/09/14 For Sale $699,000 -- $610 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $10,813 $50,686 $2,483 $48,203
2024 $10,813 $50,686 $2,483 $48,203
2023 $11,791 $51,250 $2,000 $49,250
2022 $11,791 $57,326 $2,000 $55,326
2021 $11,528 $57,326 $2,000 $55,326
2020 $13,509 $60,642 $1,399 $59,243
2019 $13,221 $65,806 $1,399 $64,407
2018 $13,236 $67,005 $1,399 $65,606
2017 $12,832 $59,609 $1,119 $58,490
2016 $11,939 $59,609 $1,119 $58,490
2015 $10,923 $59,609 $1,119 $58,490
2014 $8,363 $47,641 $899 $46,742
2013 $8,186 $47,641 $899 $46,742
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12352586

Midwest Real Estate Data (MRED)

APN: 17-03-213-020-1084

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