NOT LISTED FOR SALE

The Palmolive Condos 159 E Walton St Unit 11A Chicago, IL 60611

Magnificent Mile Neighborhood

Estimated Value: $1,486,628 - $1,671,000

2 Beds
3.5 Baths
2,832 Sq Ft
25,003 Sq Ft Lot

Sale Details

Date Sold: November 16, 2023

Last sale price $1,350,000 $477 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $14,384 / mo

190 Days on Market

Highlights

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

About This Home

As of November 2023

THE ICONIC PALMOLIVE, ICONIC STREETERVILLE! TRANSITIONALLY STYLED, DESIGNER INSPIRED NEUTRAL DECOR, THIS 2 BEDROOM + DEN, 3 1/2 BATH HOME BOASTS APPROXIMATELY 2832 SQUARE FEET WITH NORTH & WEST LIGHT FILLED EXPOSURES, SURROUNDED BY A DECORATIVE GREENERY GARDEN AREA. A WELCOMING AND GRACIOUS FOYER ENTRY WITH CUSTOM VENETIAN PLASTER AND HERRINGBONE FLOORS FLOWS INTO THE GENEROUSLY PROPORTIONED LIVING/DINING AREAS WITH GAS FIREPLACE, WIDE PLANK HARDWOOD FLOORS AND SOARING CEILING HEIGHTS WITH SLEEK ART DECO STYLED CROWN MOLDINGS. THE GOURMET "EAT-IN" KITCHEN FEATURES HIGH END APPLIANCES, INCLUDING WOLFE, SUBZERO AND MIELE, POLIFORM CABINETRY WITH ABUNDANT STORAGE AND CASHMERE GRANITE COUNTERTOPS. SEPARATE DEN/OFFICE/SITTING AREA, PRIMARY BEDROOM "SUITE" OFFERS CUSTOM DESIGNED DUO-CLOSETS AND SPA-LIKE LUXURIOUS BATHS. LAUNDRY ROOM WITH MIELE WASHER/DRYER, STORAGE, COUNTER SPACE AND ACCESSIBLE ENTRANCE/EXIT TO COMMON AREA HALLWAY. ABUNDANT STORAGE AND CLOSET SPACE THROUGHOUT. SECOND BEDROOM SUITE FEATURES A PRIVATE, DRAMATIC MARBLE BATH WITH BUILT-IN DRESSER STORAGE AND CLOSETS GALORE. ONE PARKING SPACE AND STORAGE LOCKER INCLUDED. THE LUXURIOUS & CLASSIC PALMOLIVE BUILDING AMENITIES INCLUDE AN EXTRAORDINARY 24 HOUR DOOR STAFF, ON SIGHT MANAGEMENT, ENGINEER, CONCIERGE SERVICES AND THE EXCLUSIVE "BEACON CLUB" FEATURING PRIVATE LOCKERS, WHIRLPOOL AND HEALTH FACILITY. A MUST SEE HOME IN AN UNBEATABLE LOCATION, STEPS FROM THE LAKE, WORLD-CLASS SHOPPING AND DINING!

Last Agent to Sell the Property

Kimberly Gleeson

Baird & Warner License #475133999 Listed on: 03/15/2023

Baird & Warner

Co-Listed By

Robert Shearer

Baird & Warner License #475127575

Last Buyer's Agent

James Ziltz

Jameson Sotheby's Intl Realty License #471019775

Jameson Sotheby's Intl Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $35,543

Year Built

  • Built in 1929 | Remodeled in 2006

Lot Details

  • 0.57

HOA Fees

  • $3,179 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Parking Included in Price

Interior Spaces

  • 2,832 Sq Ft Home
  • Bar Fridge
  • Dry Bar
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Breakfast Room
  • Den
  • Gallery
  • Wood Flooring

Kitchen

  • Double Oven
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Whirlpool Bathtub
  • Double Shower
  • Separate Shower

Laundry

  • Dryer
  • Washer

Schools

  • Ogden Elementary School
  • Payton College Preparatory Senio High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Lake Michigan Water

Community Details

Overview

  • Association fees include 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
  • 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
  • Bike Trail

Pet Policy

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

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$35,543

Year Built

Built in 1929 | Remodeled in 2006

Lot Details

0.57 Acres

HOA Fees

$3,179 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • 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: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 11
  • Rehab Year: 2006
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 37
  • Year Renovated: 2006

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Bar Fridge, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Bar-Dry, Hardwood Floors, Laundry Hook-Up in Unit
  • LivingArea: 2832
  • Room Type: Breakfast Room, Den, Gallery, Walk In Closet
  • Stories Total: 37
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink,Double Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Plans

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Heating: Forced Air, Sep Heating Systems - 2+, Zoned
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 3179
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, 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
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Ogden Elementary
  • High School: Payton College Preparatory Senio

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 35542.51
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 99

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2023
Closed on
Nov 10, 2023
Sold by
Beemer Donald and Beemer Julia
Bought by
Kincaid Adam
Seller's Agent
Kimberly Gleeson
Baird & Warner
Buyer's Agent
James Ziltz
Jameson Sotheby's Intl Realty
List Price
$1,450,000
Sold Price
$1,350,000
Premium/Discount to List
-$100,000
-6.9%
Views
19
Current Estimated Value
$1,576,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,157
Avg. Annual Appreciation
6.78%

Purchase Details

Listed on
Aug 2, 2021
Closed on
Apr 12, 2022
Sold by
Trust Number 8002364523
Bought by
Beemer Donald and Beemer Julia
Seller's Agent
Brian Loomis
Jameson Sotheby's Intl Realty
Buyer's Agent
Michael Rosenblum
Berkshire Hathaway HomeServices Chicago
List Price
$1,750,000
Sold Price
$1,300,000
Premium/Discount to List
-$450,000
-25.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.39%

Purchase Details

Listed on
Nov 26, 2013
Closed on
Mar 31, 2014
Sold by
National Transfer Services Llc
Bought by
Chicago Title Land Trust Company and Trust #8002364523
Seller's Agent
Craig Isacson
@properties Christie's International Real Estate
Buyer's Agent
Kimberly Gleeson
Baird & Warner
List Price
$2,300,000
Sold Price
$2,037,500
Premium/Discount to List
-$262,500
-11.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.50%
Original Mortgage
$1,500,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 8, 2013
Sold by
Flanagan Joseph and Flanagan Aira
Bought by
National Transfer Services Llc

Purchase Details

Closed on
Jul 17, 2013
Sold by
Glickman Ross B and Glickman Suzanne A
Bought by
Flanagan Joseph and Flanagan Aira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,740,000
Interest Rate
2.73%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 28, 2006
Sold by
Palmolive Tower Condominiums Llc
Bought by
Glickman Ross B and Glickman Suzanne A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,955,000
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records
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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
Kincaid Adam $1,350,000 Fidelity National Title
Beemer Donald $1,300,000 Chicago Title
Chicago Title Land Trust Company $2,037,500 Stewart Title
National Transfer Services Llc $2,175,000 None Available
Flanagan Joseph $2,175,000 None Available
Glickman Ross B $2,052,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chicago Title Land Trust Company $1,500,000
Previous Owner Flanagan Joseph $1,740,000
Previous Owner Glickman Ross B $1,955,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/16/2023 11/16/23 Sold $1,350,000 -6.9% $477 / Sq Ft
09/22/2023 09/22/23 Pending -- -- --
03/15/2023 03/15/23 For Sale $1,450,000 +11.5% $512 / Sq Ft
04/12/2022 04/12/22 Sold $1,300,000 -25.7% $459 / Sq Ft View Prior Sale
03/04/2022 03/04/22 Pending -- -- --
08/02/2021 08/02/21 For Sale $1,750,000 -14.1% $618 / Sq Ft
05/05/2014 05/05/14 Sold $2,037,500 -7.3% $719 / Sq Ft View Prior Sale
03/26/2014 03/26/14 Pending -- -- --
01/24/2014 01/24/14 Price Changed $2,199,000 -4.4% $776 / Sq Ft
11/26/2013 11/26/13 For Sale $2,300,000 -- $812 / 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 $32,595 $152,785 $7,484 $145,301
2024 $32,595 $152,785 $7,484 $145,301
2023 $35,543 $154,488 $6,030 $148,458
2022 $35,543 $172,805 $6,030 $166,775
2021 $34,749 $172,803 $6,029 $166,774
2020 $40,722 $182,800 $4,218 $178,582
2019 $39,854 $198,367 $4,218 $194,149
2018 $39,898 $201,980 $4,218 $197,762
2017 $38,681 $179,687 $3,374 $176,313
2016 $35,989 $179,687 $3,374 $176,313
2015 $32,927 $179,687 $3,374 $176,313
2014 $26,645 $143,609 $2,711 $140,898
2013 $8,610 $47,341 $2,711 $44,630
Source: Public Records

Agents Affiliated with this Home

  • Kimberly Gleeson

    Seller's Agent in 2023

    Kimberly Gleeson

    Baird Warner

    (312) 961-7576

    4 in this area

    33 Total Sales

    Kimberly Gleeson
    Section Image
  • Robert Shearer

    Seller Co-Listing Agent in 2023

    Robert Shearer

    Baird Warner

    (312) 909-8641

    5 in this area

    24 Total Sales

    Robert Shearer
    Section Image
  • James Ziltz

    Buyer's Agent in 2023

    James Ziltz

    Jameson Sotheby's Intl Realty

    (630) 890-2182

    1 in this area

    242 Total Sales

    James Ziltz
    Section Image
  • Brian Loomis

    Seller's Agent in 2022

    Brian Loomis

    Jameson Sotheby's Intl Realty

    (312) 867-8130

    21 in this area

    53 Total Sales

    Brian Loomis
    Section Image
  • Michael Rosenblum

    Buyer's Agent in 2022

    Michael Rosenblum

    Berkshire Hathaway HomeServices Chicago

    (312) 286-1634

    70 in this area

    187 Total Sales

    Michael Rosenblum
    Section Image
  • Craig Isacson

    Seller's Agent in 2014

    Craig Isacson

    @ Properties

    (773) 339-9503

    3 in this area

    72 Total Sales

    Craig Isacson
    Section Image
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About The Palmolive Condos

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11737914

Midwest Real Estate Data (MRED)

APN: 17-03-213-020-1053

Illinois Cook County Chicago 60611 Magnificent Mile

159 E Walton St Unit 11A, 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

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