The Palmolive Condos 159 E Walton Place Unit 8G Floor 8 Chicago, IL 60611
Magnificent Mile NeighborhoodEstimated payment $11,306/month
Highlights
- Doorman
- Fitness Center
- Lock-and-Leave Community
- Steam Room
- Open Floorplan
- 1-minute walk to Lakefront Park
About This Home
The 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.
Listing Agent
@properties Christie's International Real Estate License #475123706 Listed on: 07/13/2026
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
- Resident Manager or Management On Site
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 | $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 |
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 |
|---|---|---|---|---|---|
| 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 | -19.0% | $424 / Sq Ft | |
| 04/21/2014 04/21/14 | Sold | $1,235,000 | -4.6% | $523 / Sq Ft | View Prior Sale |
| 02/19/2014 02/19/14 | Pending | -- | -- | -- | |
| 01/16/2014 01/16/14 | Price Changed | $1,295,000 | -7.5% | $548 / Sq Ft | |
| 10/08/2013 10/08/13 | For Sale | $1,400,000 | -- | $593 / 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 |
|---|---|---|---|
| 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 |
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: Midwest Real Estate Data (MRED)
MLS Number: 12680556
APN: 17-03-213-020-1078
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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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