The Palmolive Condos 159 E Walton Place Unit 5C Chicago, IL 60611
Magnificent Mile NeighborhoodEstimated payment $17,399/month
Highlights
- Doorman
- Fitness Center
- Wood Flooring
- Steam Room
- Lock-and-Leave Community
- 1-minute walk to Lakefront Park
About This Home
Extremely large floorplan at The Palmolive! 3672 sq ft of expansive living.This 3 bed 3.5 bathroom plus den is an unbelievable value and looks north on to the historic Drake hotel. Gracious double door entry foyer greets you upon entering this unit. Wonderful eat-in kitchen with breakfast table area is outfitted with all the modern appliances such as Wolf, Miele and Sub-Zero for a chef's liking! Nice master suite and 2 additional bedrooms with en-suite bathrooms complement this home nicely. 24 hour door staff, on site engineer, valet garage parking attendants, gym with sauna , whirlpool and state of the art equipment all included with the white glove service of the Palmolive.2 parking spaces included!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $39,617
Year Built
- Built in 1929 | Remodeled in 2006
HOA Fees
- $4,856 Monthly HOA Fees
Parking
- 2 Car Garage
- Driveway
- Parking Included in Price
Home Design
- Entry on the 5th floor
- Rubber Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,672 Sq Ft Home
- Gas Log Fireplace
- Entrance Foyer
- Family Room
- Living Room with Fireplace
- Breakfast Room
- Formal Dining Room
- Storage
- Wood Flooring
Kitchen
- Microwave
- Dishwasher
- Wine Refrigerator
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Dual Sinks
- Whirlpool Bathtub
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
Utilities
- Forced Air Zoned Heating and Cooling System
- 200+ Amp Service
- Cable TV Available
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) 255-0159
- High-Rise Condominium
- Property managed by DK Condo
- Lock-and-Leave Community
- 37-Story Property
Amenities
- Doorman
- Steam Room
- Sauna
- Party Room
- Elevator
- Service Elevator
- Package Room
- Community Storage Space
Recreation
- Community Spa
- Bike Trail
Pet Policy
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
- Carbon Monoxide Detectors
- Fire Sprinkler System
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 | $39,617 | $185,700 | $9,097 | $176,603 |
| 2023 | $43,199 | $187,768 | $7,329 | $180,439 |
| 2022 | $43,199 | $210,032 | $7,329 | $202,703 |
| 2021 | $42,235 | $210,030 | $7,328 | $202,702 |
| 2020 | $49,495 | $222,179 | $5,126 | $217,053 |
| 2019 | $48,440 | $241,100 | $5,126 | $235,974 |
| 2018 | $48,493 | $245,491 | $5,126 | $240,365 |
| 2017 | $47,014 | $218,396 | $4,101 | $214,295 |
| 2016 | $43,742 | $218,396 | $4,101 | $214,295 |
| 2015 | $40,020 | $218,396 | $4,101 | $214,295 |
| 2014 | $32,385 | $174,547 | $3,295 | $171,252 |
| 2013 | $31,746 | $174,547 | $3,295 | $171,252 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/14/2025 07/14/25 | For Sale | $1,750,000 | 0.0% | $477 / Sq Ft |
| 08/31/2017 08/31/17 | Rented | $10,500 | -4.5% | -- |
| 07/10/2017 07/10/17 | For Rent | $11,000 | 0.0% | -- |
| 07/02/2013 07/02/13 | Sold | $2,100,000 | -4.5% | $572 / Sq Ft |
| 04/22/2013 04/22/13 | Pending | -- | -- | -- |
| 04/17/2013 04/17/13 | For Sale | $2,200,000 | -- | $599 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $2,100,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,470,000 | Adjustable Rate Mortgage/ARM |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12412597
APN: 17-03-213-020-1110
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