Pearce Lashmett
Responds Quickly
Jameson Sotheby's Intl Realty
(844) 225-2586
56 Total Sales
1 in Magnificent Mile
$940,000 Price
The Palmolive Condos 159 E Walton Place Unit 8G Floor 8 Chicago, IL 60611
Magnificent Mile Neighborhood
2
Beds
2.5
Baths
2,361
Sq Ft
1929
Built
Highlights
- Doorman
- Fitness Center
- Lock-and-Leave Community
- Steam Room
- Open Floorplan
- 1-minute walk to Lakefront Park
About This Home
As of August 2026The one you have been waiting for - a stunning southwest corner residence in the iconic Palmolive building. This exceptional two bedroom plus flex space home offers approximately 2,361 square feet of sophisticated living space, combining timeless Art Deco architecture with elegant modern updates, expansive entertaining areas, and incredible southern and western light. A grand foyer with a custom light fixture opens into an impressive living and dining space anchored by a marble gas fireplace, custom built-ins, coffered ceilings, and wide-plank white oak hardwood floors. The open-concept layout is ideal for both everyday living and entertaining. The chef's kitchen features Sub-Zero, Wolf, and Miele appliances, Poliform Italian cabinetry, quartz countertops and backsplash, and a pass-through design connecting seamlessly to the dining area. The expansive primary suite includes blackout shades, custom lighting, integrated speakers, a professionally organized walk-in closet, and a luxurious marble spa bath with dual vanity, soaking tub, separate rainfall shower, and linen storage. The second bedroom offers its own walk-in closet and updated ensuite bath. The flexible bonus space is ideal for a home office, media room, fitness area, or guest overflow space. Additional highlights include a renovated laundry room with oversized washer and dryer, sink, extra cabinetry, Elan smart home automation, integrated speakers throughout, and fresh paint across the entire residence. One valet heated garage parking space and a storage locker are included. Originally built in 1929 and transformed into luxury residences in 2006, the Palmolive Building is one of the most prestigious residential towers in Chicago, known for its historic limestone facade, white-glove service, and premier Gold Coast location. Residents enjoy 24-hour door staff, concierge service, on-site management, the Beacon Club, fitness center with steam rooms, party room with catering kitchen, and a highly owner-occupied community. Located just steps from Michigan Avenue, Oak Street Beach, luxury shopping, fine dining, and Chicago's lakefront.
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475123706 Listed on: 07/13/2026
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Property Details
Home Type
- Condominium
Est. Annual Taxes
- $23,364
Year Built
- Built in 1929 | Remodeled in 2006
HOA Fees
- $3,147 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Heated Garage
- Parking Available
- Parking Included in Price
Home Design
- Entry on the 8th floor
- Limestone
Interior Spaces
- 2,361 Sq Ft Home
- Open Floorplan
- Built-In Features
- Bookcases
- Historic or Period Millwork
- Coffered Ceiling
- Gas Log Fireplace
- Drapes & Rods
- Entrance Foyer
- Family Room
- Living Room with Fireplace
- Combination Dining and Living Room
- Den
- Storage
- Wood Flooring
Kitchen
- Gas Oven
- Gas Cooktop
- Range Hood
- Microwave
- High End Refrigerator
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Walk-In Closet
- Whirlpool Bathtub
Laundry
- Laundry Room
- Dryer
- Washer
- Sink Near Laundry
Schools
- Ogden Elementary
- Wells Community Academy Senior H High School
Utilities
- Forced Air Zoned Cooling and Heating System
- 200+ Amp Service
- Lake Michigan Water
Community Details
Overview
- Association fees include heat, air conditioning, water, gas, parking, insurance, doorman, tv/cable, exercise facilities, exterior maintenance, scavenger, snow removal, internet
- 99 Units
- Lynn Stephens Association, Phone Number (312) 255-0159
- High-Rise Community
- Property managed by Sudler
- Lock-and-Leave Community
- 37-Story Property
Amenities
- Doorman
- Valet Parking
- Steam Room
- Sauna
- Party Room
- Service Elevator
- Package Room
- Community Storage Space
Recreation
- Bike Trail
Pet Policy
- Dogs and Cats Allowed
Security
- On-Site Manager or Management
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
Oct 14, 2021
Closed on
Feb 11, 2022
Sold by
Katz Meredith and Meredith Katz Trust
Bought by
Seller's Agent
Elena Theodoros-Tamillo
@properties Christie's International Real Estate
Buyer's Agent
Katherine Malkin
Compass
List Price
$1,000,000
Sold Price
$950,000
Premium/Discount to List
-$50,000
-5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.09%
Purchase Details
Closed on
Jan 22, 2019
Sold by
Katz Meredith
Bought by
Katz Meredith and Meredith Katz Trust
Purchase Details
Listed on
Oct 8, 2013
Closed on
Apr 14, 2014
Sold by
Shutter Jon D and Shutter Jennifer M
Bought by
Katz Meredith
Seller's Agent
Mary O'Connor
Baird & Warner
Buyer's Agent
Laura Rubin Dresner
Baird & Warner
List Price
$1,400,000
Sold Price
$1,235,000
Premium/Discount to List
-$165,000
-11.79%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.65%
Original Mortgage
$660,000
Interest Rate
4.41%
Mortgage Type
Unknown
Purchase Details
Closed on
Jan 27, 2012
Sold by
Power Robin and Power Michele
Bought by
Shutter Jon D and Shutter Jennifer M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.22%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Sep 6, 2006
Sold by
Palmolive Tower Condominiums Llc
Bought by
Power Robin and Power Michele
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Magnificent Mile, IL
-
Pearce Lashmett
-
Katrina de los Reyes
Katrina de los Reyes
Berkshire Hathaway HomeServices Chicago
(630) 580-0919
282 Total Sales
5 in Magnificent Mile
$190K - $975K Price Range
-
Gayle Stellas
Gayle Stellas
Baird & Warner
(630) 626-8270
73 Total Sales
2 in Magnificent Mile
$215K - $250K Price Range
-
Ken Jungwirth
Ken Jungwirth
@properties Christie's International Real Estate
(773) 917-1081
176 Total Sales
4 in Magnificent Mile
$879K - $5.5M Price Range
-
Armando Chacon
Armando Chacon
Responds QuicklyCentury 21 S.G.R., Inc.
(888) 310-0896
99 Total Sales
2 in Magnificent Mile
$43K - $985K Price Range
-
Larissa Brodsky
Larissa Brodsky
Compass
(877) 750-2096
75 Total Sales
1 in Magnificent Mile
$480,000 Price
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 |
|---|---|---|---|
| Trustee Deed | $950,000 | -- | |
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | $1,235,000 | North American Title Company | |
| Warranty Deed | -- | None Available | |
| Special Warranty Deed | $1,598,000 | 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 | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $660,000 | Unknown | |
| Previous Owner | $700,000 | Adjustable Rate Mortgage/ARM |
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 |
|---|---|---|---|---|---|
| 08/28/2026 08/28/26 | Sold | $1,100,000 | -4.3% | $466 / Sq Ft | |
| 07/13/2026 07/13/26 | Pending | -- | -- | -- | |
| 07/01/2026 07/01/26 | For Sale | $1,150,000 | +21.1% | $487 / Sq Ft | |
| 02/18/2022 02/18/22 | Sold | $950,000 | -5.0% | $402 / Sq Ft | View Prior Sale |
| 12/09/2021 12/09/21 | Pending | -- | -- | -- | |
| 10/14/2021 10/14/21 | For Sale | $1,000,000 | -- | $424 / 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 | $25,512 | $119,587 | $5,858 | $113,729 |
| 2024 | $25,512 | $119,587 | $5,858 | $113,729 |
| 2023 | $27,116 | $120,918 | $4,719 | $116,199 |
| 2022 | $27,116 | $135,255 | $4,719 | $130,536 |
| 2021 | $26,529 | $135,254 | $4,719 | $130,535 |
| 2020 | $31,821 | $145,947 | $3,301 | $142,646 |
| 2019 | $31,073 | $158,090 | $3,301 | $154,789 |
| 2018 | $30,549 | $158,090 | $3,301 | $154,789 |
| 2017 | $30,276 | $140,642 | $2,641 | $138,001 |
| 2016 | $28,169 | $140,642 | $2,641 | $138,001 |
| 2015 | $25,772 | $140,642 | $2,641 | $138,001 |
| 2014 | $20,379 | $112,404 | $2,122 | $110,282 |
| 2013 | $19,965 | $112,404 | $2,122 | $110,282 |
Source: Public Records
Agents Affiliated with this Home
-
Carrie McCormick
Seller's Agent in 2026
Carrie McCormick
@ Properties
(312) 961-4612
39 in this area
715 Total Sales
-
Dawn McKenna
Buyer's Agent in 2026
Dawn McKenna
Coldwell Banker Realty
(312) 256-0028
10 in this area
377 Total Sales
-
Elena Theodoros-Tamillo
Seller's Agent in 2022
Elena Theodoros-Tamillo
@ Properties
(773) 830-4008
5 in this area
252 Total Sales
-
Bari Levine
Seller Co-Listing Agent in 2022
Bari Levine
@ Properties
(847) 858-3782
6 in this area
285 Total Sales
-
Katherine Malkin
Buyer's Agent in 2022
Katherine Malkin
Compass
(312) 319-1168
13 in this area
37 Total Sales
-
Mary O'Connor
Seller's Agent in 2014
Mary O'Connor
Baird Warner
(312) 640-7010
1 in this area
2 Total Sales
About The Palmolive Condos
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12680556
APN: 17-03-213-020-1078
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.
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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