NOT LISTED FOR SALE

The Palmolive Condos 159 E Walton St Unit 10E Chicago, IL 60611

Magnificent Mile Neighborhood

Estimated Value: $953,000 - $1,340,000

2 Beds
3 Baths
1,853 Sq Ft
25,003 Sq Ft Lot

Sale Details

Date Sold: October 4, 2021

Last sale price $1,000,000 $540 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $9,122 / mo

Highlights

  • Living Room with Fireplace
  • Attached Garage
  • High-Rise Condominium
  • Whirlpool Bathtub
  • Heated Garage
  • 1-minute walk to Lakefront Park

About This Home

As of October 2021

**SOLD BEFORE PRINT** Exquisitely designed by Steve Kadlec, this 2 bedroom, 2.1 bath, 1853 SQFT residence at Palmolive is the most improved of any of the smaller units in the building. The 10th floor is one of only four floors in the building with extra high ceilings, making this stunning residence even more special. Thoughtfully designed, the floor plan features an open living, dining, and kitchen - ideal for entertaining - and split bedroom suites providing ample privacy. A beautiful entry foyer is the perfect space to display an art collection. The kitchen features Wolf, Miele, and SubZero appliances, a center island with additional storage, a wine fridge, and pantry space. The graciously sized master suite brings in generous light from two exposures and features plentiful closet space and custom built-ins. The en suite limestone master bath has a dual vanity, jetted tub, and separate shower. A bright and spacious second bedroom could easily be a den or office space and features a marble en suite bath with shower. A powder room is located just off the foyer along with a laundry closet with a sink. One garage space included in the price. The Palmolive Building offers exceptional services: 24 hour door staff, valet parking, dedicated onsite management, onsite engineer, gym, steam room, whirlpool, and club room...

Last Agent to Sell the Property

Katherine Malkin

Compass Listed on: 08/09/2021

Compass

Last Buyer's Agent

Katherine Malkin

Compass Listed on: 08/09/2021

Compass

Property Details

Home Type

  • Condominium

Year Built | Renovated

  • 1929 | 2005

Lot Details

  • 0.57

HOA Fees

  • $1,797 per month

Parking

  • Attached Garage
  • Heated Garage
  • Parking Included in Price

Interior Spaces

  • Living Room with Fireplace
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Community Details

Overview

  • 99 Units
  • Lynn Stephens Association, Phone Number (312) 255-0159
  • High-Rise Condominium
  • Property managed by SUDLER

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built | Renovated

1929 | 2005

Lot Details

0.57 Acres

HOA Fees

$1,797 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Condo,High Rise (7+ Stories)
  • Property Sub Type: Condo,High Rise (7+ Stories)
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 10
  • Rehab Year: 2005
  • Directions: SE CORNER OF MICHIGAN AVE AND WALTON
  • Lot Size: COMMON
  • New Construction: No
  • Ownership: Condo
  • Subdivision Name: Palmolive Building Landmark
  • Special Features: None
  • Year Built: 1929
  • Year Renovated: 2005

Interior Features

  • Appliances: Double Oven, Range, Microwave, Dishwasher, High End Refrigerator, Freezer, Washer, Dryer, Disposal, Wine Refrigerator, Range Hood
  • Has Basement: None
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage, Built-in Features
  • Dining Room Type: Foyer, Walk In Closet
  • Stories: 37

Exterior Features

  • Exterior Building Type: Marble/Granite,Limestone
  • Waterfront: No

Garage/Parking

  • Number of Cars: 1
  • Garage Details: Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Laundry Features: In Unit, Laundry Closet, Sink
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Management: Manager On-site,Monday through Friday
  • Master Association Fee Frequency: Not Required
  • Management Company: SUDLER
  • Management Contact Name: LYNN STEPHENS
  • Management Phone: 312-255-0159
  • Amenities: Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Receiving Room, Security Door Lock(s), Steam Room, Spa/Hot Tub
  • Association Fee: 1797
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK, Number Limit

Fee Information

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

Schools

  • Junior High Dist: 299

Lot Info

  • Rural (Y/N): N
  • Special Assessments: N
  • Additional Parcels: No

Rental Info

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

Multi Family

  • Units in Building: 99

Tax Info

  • Tax Annual Amount: 23970.67
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2021
Closed on
Oct 4, 2021
Sold by
Sher Adam H and The Adam H Sher Separate Prope
Bought by
Cc800 Llc
Seller's Agent
Katherine Malkin
Compass
Buyer's Agent
Katherine Malkin
Compass
List Price
$1,100,000
Sold Price
$1,000,000
Premium/Discount to List
-$100,000
-9.09%
Current Estimated Value
$1,071,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,503
Avg. Annual Appreciation
1.55%

Purchase Details

Closed on
May 12, 2011
Sold by
Sher Adam H
Bought by
Sher Adam H and Adam H Sher Separate Property Trust

Purchase Details

Closed on
Sep 21, 2007
Sold by
Palmolive Tower Condominiums Llc
Bought by
Sher Adam H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cc800 Llc $1,000,000 Attorney
Sher Adam H -- None Available
Sher Adam H $959,500 Ctic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sher Adam H $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2021 10/04/21 Sold $1,000,000 -9.1% $540 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
08/09/2021 08/09/21 For Sale $1,100,000 -- $594 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $19,187 $89,936 $4,406 $85,530
2024 $19,187 $89,936 $4,406 $85,530
2023 $20,922 $90,937 $3,549 $87,388
2022 $20,922 $101,719 $3,549 $98,170
2021 $20,455 $101,718 $3,549 $98,169
2020 $23,971 $107,603 $2,483 $105,120
2019 $23,460 $116,766 $2,483 $114,283
2018 $23,485 $118,893 $2,483 $116,410
2017 $22,769 $105,770 $1,986 $103,784
2016 $21,185 $105,770 $1,986 $103,784
2015 $19,382 $105,770 $1,986 $103,784
2014 $15,684 $84,534 $1,596 $82,938
2013 $15,375 $84,534 $1,596 $82,938
Source: Public Records

Agents Affiliated with this Home

  • Katherine Malkin

    Seller's Agent in 2021

    Katherine Malkin

    Compass

    (312) 319-1168

    16 in this area

    39 Total Sales

    Katherine Malkin
    Section Image
See All Agents

About The Palmolive Condos

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11184291

Midwest Real Estate Data (MRED)

APN: 17-03-213-020-1063

Illinois Cook County Chicago 60611 Magnificent Mile

159 E Walton St Unit 10E, Chicago, IL

Not Listed for Sale

Condos

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.