$699,999

Estimated payment $6,442/month

Total Views 881
1 Bed
1.5 Baths
1,278 Sq Ft
$548 Price per Sq Ft

Highlights

  • Doorman
  • Fitness Center
  • Wood Flooring
  • Steam Room
  • Lock-and-Leave Community
  • 1-minute walk to Lakefront Park

About This Home

Welcome to the Palmolive Building, one of Chicago's most iconic addresses. This one-bedroom, one-and-a-half-bathroom home at 159 E Walton Place, Unit 6B, is the ideal mix of classic elegance and modern convenience. Whether you're looking for a refined city escape or a full-time home, this residence delivers. The layout is smart and efficient, with high ceilings, large north-facing windows, and wide-plank oak floors throughout. The kitchen features high-end appliances, a new washer and dryer, and custom-built closets that maximize space without sacrificing style. The primary suite includes a beautifully finished bathroom with a separate tub and shower. Deeded valet parking is included. Residents enjoy world-class amenities, including concierge service with mobile app integration, a private gym and spa, and access to the Beacon Club, an exclusive resident lounge and entertainment space. Just outside your door, you're steps from the lakefront path, Oak Street Beach, and the best dining and shopping in the Gold Coast and along Michigan Avenue. Unit 6B offers a rare chance to live in a full-service building with unmatched character and location.

Listing Agent

David Greene

Compass License #471009749 Listed on: 07/21/2025

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,134

Year Built

  • Built in 1929 | Remodeled in 2005

HOA Fees

  • $1,565 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 1,278 Sq Ft Home
  • Window Screens
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring
  • Home Security System

Kitchen

  • Range
  • Microwave
  • Freezer
  • Portable Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Forced Air Zoned Heating and Cooling System
  • 200+ Amp Service
  • Cable TV Available

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, gas, insurance, security, doorman, tv/cable, clubhouse, exercise facilities, scavenger, snow removal
  • 102 Units
  • Lynn Stephens Association, Phone Number (312) 255-0159
  • High-Rise Condominium
  • Palmolive Building Landmark Subdivision
  • Property managed by Sudler
  • Lock-and-Leave Community
  • 37-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Steam Room
  • Sauna
  • Party Room
  • Elevator
  • Service Elevator
  • Package Room
  • Community Storage Space

Recreation

  • Community Spa

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,134

Year Built

Built in 1929 | Remodeled in 2005

Lot Details

0

HOA Fees

$1,565 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories),Vintage
  • Ownership: Condo
  • EntryLevel: 6
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories),Vintage
  • Subdivision Name: Palmolive Building Landmark
  • Year Built: 1929
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2005
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 37
  • Year Renovated: 2005

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Portable Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 1
  • Fireplaces: 1
  • Flooring: Hardwood
  • LivingArea: 1278
  • Other Equipment: TV-Cable, Security System, Fire Sprinklers, CO Detectors
  • Room Type: Foyer
  • Stories Total: 37
  • Window Features: Screens
  • Estimated Total Finished Sq Ft: 0
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • Construction Materials: Marble/Granite, Limestone
  • Foundation Details: Concrete Perimeter
  • List Price: 699999
  • Roof: Other
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Concrete, Side Driveway, On Site, Garage Owned, Attached, Garage
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer, Storm Sewer
  • Cooling: Central Air, Zoned
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Forced Air, Sep Heating Systems - 2+, Zoned
  • Laundry Features: Washer Hookup, In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 1565
  • Association Amenities: Door Person, Elevator(s), Exercise Room, Storage, Health Club, On Site Manager/Engineer, Party Room, Receiving Room, Sauna, Security Door Lock(s), Service Elevator(s), Steam Room, Valet/Cleaner, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Sudler
  • Management Contact Name: LYNN STEPHENS
  • Management Phone: 312-255-0159

Fee Information

  • Association Fee Includes: Water, Gas, Insurance, Security, Doorman, TV/Cable, Clubhouse, Exercise Facilities, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: CONDO
  • Special Assessments: U

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 12134.37
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 102

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 $12,134 $60,158 $2,947 $57,211
2023 $13,291 $60,828 $2,374 $58,454
2022 $13,291 $68,040 $2,374 $65,666
2021 $13,012 $68,039 $2,374 $65,665
2020 $15,342 $71,974 $1,660 $70,314
2019 $15,692 $78,104 $1,660 $76,444
2018 $15,709 $79,526 $1,660 $77,866
2017 $15,230 $70,749 $1,328 $69,421
2016 $14,170 $70,749 $1,328 $69,421
2015 $12,964 $70,749 $1,328 $69,421
2014 $10,491 $56,544 $1,067 $55,477
2013 $10,284 $56,544 $1,067 $55,477
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 For Sale $699,999 0.0% $548 / Sq Ft
07/16/2025 07/16/25 Price Changed $699,999 -1.3% $548 / Sq Ft
01/14/2019 01/14/19 Sold $708,900 +4.3% $555 / Sq Ft
12/05/2018 12/05/18 Pending -- -- --
11/13/2018 11/13/18 Price Changed $680,000 -2.9% $532 / Sq Ft
08/18/2018 08/18/18 For Sale $700,000 -1.1% $548 / Sq Ft
01/10/2013 01/10/13 Sold $707,500 +1.1% $554 / Sq Ft
11/24/2012 11/24/12 Pending -- -- --
11/20/2012 11/20/12 For Sale $699,900 -- $548 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $709,000 First American Title
Warranty Deed $707,500 None Available
Warranty Deed $720,000 Ctic
Special Warranty Deed $788,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $478,000 New Conventional
Closed $488,300 New Conventional
Closed $493,000 Adjustable Rate Mortgage/ARM
Closed $495,085 New Conventional
Previous Owner $566,000 New Conventional
Previous Owner $394,000 New Conventional
Previous Owner $417,000 Unknown
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12421706

Midwest Real Estate Data (MRED)

APN: 17-03-213-020-1087