$5,900,000

Estimated payment $48,258/month

Total Views 4,667
3 Beds
5 Baths
5,500 Sq Ft
$1,073 Price per Sq Ft

Highlights

  • Water Views
  • Whirlpool Bathtub
  • Steam Shower
  • Wood Flooring
  • 3 Fireplaces
  • 1-minute walk to Lakefront Park

About This Home

Unmatched Luxury with Over 2,600 Sq Ft of Outdoor Living at The Iconic Palmolive. Discover the most unique residence in Chicago-an extraordinary full-floor home at The Palmolive that redefines luxury living in the Gold Coast. One of only five units in the building with private outdoor space, this custom-designed masterpiece spans over 5,500 square feet of refined interiors, complemented by two sprawling terraces-each over 1,300 square feet-positioned on the East and West sides for sunrise-to-sunset views of Michigan Avenue, Lake Michigan, and the city skyline. Offering 3 bedrooms and 3.2 baths, every bedroom features its own en-suite bath for ultimate privacy and comfort. Five distinct living and dining areas allow for grand entertaining and effortless relaxation, all framed by a spacious, thoughtfully designed floorplan. Whether hosting an elegant soiree under the stars or enjoying a quiet morning with a lake breeze, the outdoor space is unlike anything else on the market-truly a rare opportunity to own a piece of Chicago history with modern sophistication. Residents of The Palmolive enjoy private elevator access, a world-class door staff, and valet parking, ensuring an exclusive lifestyle of ease and prestige. Now is the perfect time to secure this one-of-a-kind residence and experience the very best of city living-inside and out.

Listing Agent

Julie Harron

Jameson Sotheby's Intl Realty License #475128748 Listed on: 08/04/2025

Jameson Sotheby's Intl Realty

Co-Listing Agent

Tim Salm

Jameson Sotheby's Intl Realty License #475133721

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $85,530

Year Built

  • Built in 1928

HOA Fees

  • $9,973 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Parking Included in Price

Home Design

  • Entry on the 22nd floor
  • Stone Siding

Interior Spaces

  • 5,500 Sq Ft Home
  • Bar
  • 3 Fireplaces
  • Family Room
  • Living Room
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Range with Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Steam Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • Accessibility Features
  • Doors are 32 inches wide or more
  • More Than Two Accessible Exits

Schools

  • Ogden Elementary School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include air conditioning, water, gas, parking, insurance, security, doorman, tv/cable, clubhouse, exercise facilities, exterior maintenance, scavenger, snow removal, internet
  • 99 Units
  • Lynn Stephens Association, Phone Number (312) 255-0159
  • Palmolive Building Landmark Subdivision
  • Property managed by SUDLER
  • 37-Story Property

Pet Policy

  • Pets up to 100 lbs
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$85,530

Year Built

Built in 1928

Lot Details

0

HOA Fees

$9,973 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • EntryLevel: 22
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Palmolive Building Landmark
  • Year Built: 1928
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • MRD_WaterViewYN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 37

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, Wine Refrigerator, Range Hood
  • Basement: None
  • Accessibility Features: Two or More Access Exits, Door Width 32 Inches or More
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bathrooms: 5
  • Total Bedrooms: 3
  • Fireplaces: 3
  • LivingArea: 5500
  • Stories Total: 37
  • Estimated Total Finished Sq Ft: 0
  • Bathroom Amenities: Whirlpool,Separate Shower,Steam Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Hardwood

Exterior Features

  • Construction Materials: Stone
  • List Price: 5900000
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: On Site, Garage Owned, Attached, Garage
  • ParkingTotal: 3

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 9973
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: SUDLER
  • Management Contact Name: LYNN STEPHENS
  • Management Phone: 312-255-0159

Fee Information

  • Association Fee Includes: Air Conditioning, Water, Gas, Parking, Insurance, Security, Doorman, TV/Cable, Clubhouse, Exercise Facilities, Exterior Maintenance, Scavenger, Snow Removal, Internet

Schools

  • Elementary School: Ogden Elementary
  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: PER SURVEY
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 100

Tax Info

  • Tax Annual Amount: 85529.54
  • Tax Year: 2023

Multi Family

  • Units in Building: 99

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $85,530 $400,908 $19,639 $381,269
2023 $93,264 $405,373 $15,822 $389,551
2022 $93,264 $453,438 $15,822 $437,616
2021 $91,182 $453,436 $15,821 $437,615
2020 $106,855 $479,666 $11,068 $468,598
2019 $104,578 $520,514 $11,068 $509,446
2018 $104,691 $529,993 $11,068 $518,925
2017 $101,499 $471,498 $7,115 $464,383
2016 $59,658 $297,860 $7,115 $290,745
2015 $28,454 $155,278 $7,115 $148,163
2014 $23,048 $124,223 $7,115 $117,108
2013 $22,115 $124,223 $7,115 $117,108
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2025 08/04/25 For Sale $5,900,000 -- $1,073 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $6,769,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,810,750 Adjustable Rate Mortgage/ARM
Closed $2,810,750 Adjustable Rate Mortgage/ARM
Closed $3,000,000 Balloon
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12437081

Midwest Real Estate Data (MRED)

APN: 17-03-213-020-1015