The Palmolive Condos 159 E Walton Place Unit 5G Chicago, IL 60611
Magnificent Mile NeighborhoodEstimated payment $9,553/month
Highlights
- Doorman
- Fitness Center
- Whirlpool Bathtub
- Steam Room
- Wood Flooring
- 1-minute walk to Lakefront Park
About This Home
Enter through the double doors of this glamorous, one-of-a-kind, turnkey 2000 sq foot 1 bedroom corner unit at The Palmolive. The space was tailor made for entertaining and every added detail is top-of-the-line. The custom Venetian plaster in DR, custom drapery and sheers by Holly Hunt, custom wall paper in kitchen, powder room and bedroom by Phillip Jeffries and Maya Romanoff, antique mirrored shelving and exquisite lighting fixtures make the unique layout of this unit, simply irresistible. The large eat-in chef's kitchen connects to the sumptuous dining room and is an entertainer's dream for hosting dinner parties with the perfect flow. Custom laundry room, generous closets, carrara marble master bath with large walk-in shower and an elegant foyer/powder room with vintage sconces make this gorgeous, sexy space somewhere you'll never want to leave. The street views of Michigan Avenue from the living room and dining room exude 5th Avenue/NYC vibes. Make this your full time residence or the best pied a terre in the city! 1 garage space included in price. All this within the outstanding 24 hour services of the Palmolive!
Listing Agent
Jameson Sotheby's Intl Realty Brokerage Phone: (773) 251-6915 License #475147942 Listed on: 04/28/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $21,555
Year Built
- Built in 1929 | Remodeled in 2006
Lot Details
- End Unit
HOA Fees
- $2,608 Monthly HOA Fees
Parking
- 1 Car Garage
- Driveway
- Parking Included in Price
Home Design
- Entry on the 5th floor
Interior Spaces
- 2,000 Sq Ft Home
- 1-Story Property
- Fireplace With Gas Starter
- Entrance Foyer
- Family Room
- Living Room with Fireplace
- Dining Room
- Wood Flooring
Kitchen
- Range
- Microwave
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- Dual Sinks
- Whirlpool Bathtub
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Two Heating Systems
- Lake Michigan Water
Community Details
Overview
- Association fees include water, gas, parking, insurance, security, doorman, tv/cable, clubhouse, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal, internet
- 96 Units
- Association Phone (312) 255-0159
- High-Rise Condominium
- Palmolive Building Landmark Subdivision
- Property managed by Draper & Kramer
Amenities
- Doorman
- Steam Room
- Party Room
- Elevator
- Package Room
- Community Storage Space
Recreation
- Community Spa
- 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
| 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 | $21,555 | $101,039 | $4,950 | $96,089 |
| 2023 | $23,505 | $102,164 | $3,987 | $98,177 |
| 2022 | $23,505 | $114,277 | $3,987 | $110,290 |
| 2021 | $22,980 | $114,277 | $3,987 | $110,290 |
| 2020 | $26,930 | $120,887 | $2,789 | $118,098 |
| 2019 | $26,356 | $131,182 | $2,789 | $128,393 |
| 2018 | $26,385 | $133,571 | $2,789 | $130,782 |
| 2017 | $26,051 | $121,014 | $1,793 | $119,221 |
| 2016 | $24,238 | $121,014 | $1,793 | $119,221 |
| 2015 | $22,175 | $121,014 | $1,793 | $119,221 |
| 2014 | $8,637 | $46,550 | $1,793 | $44,757 |
| 2013 | $8,466 | $46,549 | $1,793 | $44,756 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/08/2025 08/08/25 | For Rent | $7,500 | 0.0% | -- |
| 06/30/2025 06/30/25 | Price Changed | $975,000 | -2.0% | $488 / Sq Ft |
| 04/28/2025 04/28/25 | For Sale | $995,000 | -5.2% | $498 / Sq Ft |
| 08/05/2014 08/05/14 | Sold | $1,050,000 | 0.0% | $525 / Sq Ft |
| 07/10/2014 07/10/14 | Pending | -- | -- | -- |
| 01/30/2014 01/30/14 | For Sale | $1,050,000 | -- | $525 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,050,000 | Chicago Title Insurance Co | |
| Special Warranty Deed | $1,112,500 | None Available |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12348414
APN: 17-03-213-020-1113
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