NOT LISTED FOR SALE

Estimated Value: $1,320,474 - $1,529,000

2 Beds
2.5 Baths
2,482 Sq Ft
0.57 Acre Lot

Sale Details

Date Sold: November 18, 2024

Last sale price $1,275,000 $514 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $12,285 / mo

110 Days on Market

Highlights

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

About This Home

As of November 2024

Live in a work of art...inside and out. This magazine-worthy gracious two bedroom at the historic Palmolive, expertly re-imagined by the owner in 2021, is the perfect marriage of art and function. A masterful and thoughtful renovation, every inch of this pristine home exudes style and sophistication. From its dramatic aesthete's gallery entrance to its ultra-modern and minimalist aesthetic, this residence is a nod to the modern masters and almost impossible to find at this level and price point. Notable features include herringbone hardwood flooring, 10 foot ceilings, new LED lighting, Dornbracht faucets, Robern medicine cabinets, Corian and Agape sinks, custom Japanese Nendo closets, motorized window shades and numerous other upgrades too many to mention all here throughout this state-of-the-art home. The new sleek modernist kitchen has top-of-the-line appliances (Sub-Zero/Wolf/Miele), floor-to-ceiling wine fridge, elegant quartz countertops, Snaidero cabinetry and a massive island with abundant hidden storage. The primary suite occupies the entire east wing of the home which allows for plenty of privacy and provides a serene oasis with NE corner views of Walton Street to the lake, and a beautifully refreshed marble ensuite spa bath with dual Corian vanities and Robern medicine cabinets, ambient cove lighting and heated floors. World-class amenities include a fitness center with his and hers locker rooms replete with steam rooms and a jacuzzi, and The Beacon Club which offers enviable common area space for relaxing, working or entertaining. The Palmolive is known for its white glove and discreet VIP service. On-site garage with valet parking. Pet friendly with no weight limit. One valet parking spot included in the price. Ideally located above the iconic Louis Vuitton boutique on the NW corner of Walton and Michigan Avenue, this art deco masterpiece is at the center of it all. Walk to the best dining and shopping the city has to offer along prestigious Oak Street, take in the latest exhibit at the MCA, or stroll along the lakefront. WELCOME HOME.

Last Agent to Sell the Property

Jennifer Owen

@properties Christie's International Real Estate License #475153962 Listed on: 06/11/2024

@properties Christie's International Real Estate

Last Buyer's Agent

Margaret Baczkowski

@properties Christie's International Real Estate License #475125650

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $26,108

Year Built

  • Built in 1929 | Remodeled in 2021

Lot Details

  • 0.57

HOA Fees

  • $2,564 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage ceiling height seven feet or more
  • Heated Garage
  • Parking Included in Price

Interior Spaces

  • 2,482 Sq Ft Home
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Sink Near Laundry
  • Washer and Dryer Hookup

Home Security

Utilities

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

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, insurance, doorman, exercise facilities, scavenger, snow removal
  • 98 Units
  • Lynn Stephens Association, Phone Number (312) 255-0159
  • High-Rise Community
  • Property managed by Sudler
  • 36-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Steam Room
  • Sauna
  • Party Room
  • Elevator
  • Service Elevator
  • Package Room
  • Community Storage Space

Recreation

  • Community Spa

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$26,108

Year Built

Built in 1929 | Remodeled in 2021

Lot Details

0.57 Acres

HOA Fees

$2,564 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories)
  • 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: 8
  • Rehab Year: 2021
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 36
  • Year Renovated: 2021

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Walk-In Closet(s)
  • LivingArea: 2482
  • Other Equipment: TV-Cable, Fire Sprinklers, CO Detectors
  • Room Type: Foyer
  • Stories Total: 36
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Estimated

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: Heated,7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Cooling: Central Air, Zoned
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Forced Air, Sep Heating Systems - 2+, Zoned
  • Laundry Features: In Unit, Sink
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 2564
  • Association Amenities: Door Person, Elevator(s), Exercise Room, Storage, Health Club, On Site Manager/Engineer, Party Room, Receiving Room, Sauna, Service Elevator(s), Steam Room, Valet/Cleaner, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • 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, Insurance, Doorman, Exercise Facilities, Scavenger, Snow Removal, Other

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: 999

Tax Info

  • Tax Annual Amount: 26108.42
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior

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
Jun 11, 2024
Closed on
Nov 18, 2024
Sold by
Bought by
Seller's Agent
Jennifer Owen
@properties Christie's International Real Estate
Buyer's Agent
Margaret Baczkowski
@properties Christie's International Real Estate
List Price
$1,395,000
Sold Price
$1,275,000
Premium/Discount to List
-$120,000
-8.6%
Views
12
Current Estimated Value
$1,405,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,119
Avg. Annual Appreciation
6.10%

Purchase Details

Listed on
Nov 5, 2018
Closed on
May 10, 2019
Sold by
Bought by
Seller's Agent
Pamela Sage
Baird & Warner
Buyer's Agent
Jennifer Owen
@properties Christie's International Real Estate
List Price
$1,750,000
Sold Price
$1,350,000
Premium/Discount to List
-$400,000
-22.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.03%

Purchase Details

Listed on
Jun 3, 2016
Closed on
Jul 28, 2016
Sold by
Bought by
Seller's Agent
Janice Corley
RE/MAX Premier
Buyer's Agent
Randi Pellar
Baird & Warner
List Price
$1,820,000
Sold Price
$1,775,000
Premium/Discount to List
-$45,000
-2.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.31%

Purchase Details

Closed on
Sep 14, 2006
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
$1,275,000 None Listed On Document
$1,350,000 Baird & Warner Ttl Svcs Inc
$1,775,000 First American Title
$1,860,000 None Available
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
11/18/2024 11/18/24 Sold $1,275,000 -8.6% $514 / Sq Ft
10/01/2024 10/01/24 Pending -- -- --
06/12/2024 06/12/24 For Sale $1,395,000 +3.3% $562 / Sq Ft
05/21/2019 05/21/19 Sold $1,350,000 -12.9% $544 / Sq Ft View Prior Sale
04/26/2019 04/26/19 Pending -- -- --
04/02/2019 04/02/19 Price Changed $1,550,000 -8.6% $624 / Sq Ft
03/18/2019 03/18/19 Price Changed $1,695,000 -3.1% $683 / Sq Ft
11/05/2018 11/05/18 For Sale $1,750,000 -1.4% $705 / Sq Ft
08/01/2016 08/01/16 Sold $1,775,000 -2.5% $715 / Sq Ft View Prior Sale
07/08/2016 07/08/16 Pending -- -- --
06/03/2016 06/03/16 For Sale $1,820,000 -- $733 / 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 $26,108 $128,282 $6,284 $121,998
2024 $26,108 $128,282 $6,284 $121,998
2023 $28,576 $129,711 $5,063 $124,648
2022 $28,576 $145,091 $5,063 $140,028
2021 $27,971 $145,089 $5,062 $140,027
2020 $30,721 $143,489 $3,541 $139,948
2019 $33,463 $166,553 $3,541 $163,012
2018 $33,499 $169,586 $3,541 $166,045
2017 $33,075 $153,643 $2,276 $151,367
2016 $30,773 $153,643 $2,276 $151,367
2015 $28,154 $153,643 $2,276 $151,367
2014 $7,375 $39,748 $2,276 $37,472
2013 $7,229 $39,748 $2,276 $37,472
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12081367

Midwest Real Estate Data (MRED)

APN: 17-03-213-020-1072

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