The Palmolive Condos 159 E Walton Place Unit PH Floor 36 Chicago, IL 60611
Magnificent Mile NeighborhoodEstimated payment $71,548/month
Highlights
- Home Theater
- Wood Flooring
- Wine Refrigerator
- Deck
- 1 Fireplace
- 1-minute walk to Lakefront Park
About This Home
Own the pinnacle of Chicago elegance in this 7880 sq ft duplex penthouse, formerly home to Vince Vaughn and the original headquarters of Hugh Hefner's Playboy enterprise. The Palmolive Building is a true Art Deco icon- its historic beacon once lit the skies to guide pilots to Midway Airport and today it shines as one of the most distinguished addresses in the city. This two-story residence is the ultimate blend of heritage and sophistication. the upper level features soaring 14-foot ceilings, timeless wood paneling in the original executive office, now reimagined as a show stopping primary suite with a lavish bathroom, an office, game. room and extensive storage. Downstairs you'll find a massive chef's kitchen, perfect for entertaining, along with formal living and dining rooms and a guest suite with its own bath. A custom temperature-controlled wine room ,part of a meticulous multi-million dollar renovation ,elevates this already extraordinary home. Enjoy three private terraces , a private elevator, two garage spaces , and the impeccable attention of a building staff renowned for best -in-class service. Qualified buyers only please.
Listing Agent
Jameson Sotheby's Intl Realty Brokerage Phone: (773) 251-6915 License #475147942 Listed on: 01/09/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $129,586
Year Built
- Built in 1929 | Remodeled in 2006
HOA Fees
- $14,119 Monthly HOA Fees
Parking
- 2 Car Garage
- Parking Included in Price
Home Design
- Entry on the 36th floor
Interior Spaces
- 7,880 Sq Ft Home
- Bar Fridge
- 1 Fireplace
- Family Room
- Sitting Room
- Living Room
- Breakfast Room
- Formal Dining Room
- Home Theater
- Home Office
- Wood Flooring
Kitchen
- Double Oven
- Range
- Microwave
- High End Refrigerator
- Freezer
- Dishwasher
- Wine Refrigerator
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- Walk-In Closet
- Dual Sinks
- No Tub in Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Deck
Schools
- Wells Community Academy Senior H High School
Utilities
- Forced Air Heating and Cooling System
- Two Heating Systems
- Lake Michigan Water
Community Details
Overview
- Association fees include heat, air conditioning, water, gas, parking, insurance, security, doorman, tv/cable, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal
- 99 Units
- Lynn Stephens Association, Phone Number (312) 255-0429
- High-Rise Condominium
- Property managed by Sudler
- 37-Story Property
Pet Policy
- Dogs and Cats Allowed
Map
About The Palmolive Condos
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $129,587 | $607,421 | $29,755 | $577,666 |
| 2023 | $141,305 | $614,185 | $23,971 | $590,214 |
| 2022 | $141,305 | $687,008 | $23,971 | $663,037 |
| 2021 | $138,151 | $687,006 | $23,970 | $663,036 |
| 2020 | $151,356 | $679,430 | $16,770 | $662,660 |
| 2019 | $158,447 | $788,639 | $16,770 | $771,869 |
| 2018 | $158,620 | $803,000 | $16,770 | $786,230 |
| 2017 | $153,783 | $714,372 | $10,780 | $703,592 |
| 2016 | $64,043 | $319,752 | $10,780 | $308,972 |
| 2015 | $34,489 | $188,212 | $10,780 | $177,432 |
| 2014 | $34,921 | $188,212 | $10,780 | $177,432 |
| 2013 | $34,231 | $188,212 | $10,780 | $177,432 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/06/2024 12/06/24 | For Sale | $8,900,000 | 0.0% | $1,129 / Sq Ft | |
| 10/19/2024 10/19/24 | Off Market | $8,900,000 | -- | -- | |
| 08/28/2024 08/28/24 | Price Changed | $8,900,000 | -6.3% | $1,129 / Sq Ft | |
| 01/09/2024 01/09/24 | For Sale | $9,500,000 | +18.8% | $1,206 / Sq Ft | |
| 09/14/2016 09/14/16 | Sold | $8,000,000 | -5.9% | $1,015 / Sq Ft | View Prior Sale |
| 05/23/2016 05/23/16 | Pending | -- | -- | -- | |
| 05/16/2016 05/16/16 | For Sale | $8,500,000 | -- | $1,079 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $8,000,000 | Attorney |
Source: Midwest Real Estate Data (MRED)
MLS Number: 11954424
APN: 17-03-213-020-1001
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