NOT LISTED FOR SALE

The Palmolive Condos 159 E Walton St Unit 13B Chicago, IL 60611

Magnificent Mile Neighborhood

Estimated Value: $955,000 - $1,217,360

2 Beds
3 Baths
1,867 Sq Ft
25,003 Sq Ft Lot

Sale Details

Date Sold: November 16, 2018

Last sale price $1,250,000 $670 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $9,301 / mo

79 Days on Market

Highlights

  • Lake Front
  • Whirlpool Bathtub
  • Entrance Foyer
  • Wood Flooring
  • Attached Garage
  • 1-minute walk to Lakefront Park

About This Home

As of November 2018

Rarely available split 2 bedroom tier at The Palmolive. Higher floor with partial lake views! Top of the line finishes include Wolf, Subzero and Miele appliances. North and west exposures on to Michigan Ave highlight this unit. Poliform closets in master, 9 1/2 ft ceilings and Kalista hardware. 24 hour door staff, valet parking, on-site manager and engineer provide exquisite service. Gym, aqua spa and Beacon Club complete the list of amenities to this magnificent building. Excellent value. 1 garage parking spot included.

Last Agent to Sell the Property

Brian Loomis

Jameson Sotheby's Intl Realty License #475147942 Listed on: 07/16/2018

Jameson Sotheby's Intl Realty

Last Buyer's Agent

Molly Johnson

@properties Christie's International Real Estate License #475124445

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Year Built | Renovated

  • 1929 | 2006

Lot Details

  • Lake Front
  • East or West Exposure

HOA Fees

  • $1,679 per month

Parking

  • Attached Garage
  • Heated Garage
  • Side Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Marble or Granite Building Materials
  • Limestone

Interior Spaces

  • Attached Fireplace Door
  • Gas Log Fireplace
  • Entrance Foyer
  • Storage
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Individual Controls for Heating
  • Baseboard Heating
  • Lake Michigan Water

Additional Features

  • North or South Exposure
  • City Lot

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built | Renovated

1929 | 2006

Lot Details

0.57 Acres

HOA Fees

$1,679 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Unit Floor Level: 13
  • Age: 81-90 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Rehab Year: 2006
  • Total Full or Half Bathrooms: 2.1
  • Estimated Year Built: 1929
  • Type Attached: Condo, Vintage
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 37
  • Year Built: 1929
  • Year Renovated: 2006

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 4
  • Living Room: Dimensions: 25X16, On Level: Main Level
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: Humidifier, TV-Cable, Fire Sprinklers, CO Detectors
  • Fireplace Details: Attached Fireplace Doors/Screen, Gas Logs
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 2
  • Dining Room: Flooring: Hardwood
  • Kitchen Type: Dimensions: 10X10, On Level: Main Level, Flooring: Hardwood
  • Additional Rooms: Foyer
  • Master Bedroom: Dimensions: 14X14, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Foyer, Dimensions: 8X6, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 15X15, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 1867
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Flooring: Hardwood

Exterior Features

  • Exterior Building Type: Marble/Granite, Limestone
  • Exposure: N (North), W (West), City, Lake/Water

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Concrete, Side Drive
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 200+ Amp Service
  • Air Conditioner: Central Air, Zoned
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Electric, Forced Air, Baseboard, Indv Controls, Zoned

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager On-site, Monday through Friday
  • Pet Information: Cats OK, Dogs OK, Pet Count Limitation
  • Common Area Amenities: Door Person, Elevator, Exercise Room, Storage, On Site Manager/Engineer, Party Room, Receiving Room, Sauna, Security Door Locks, Service Elevator, Steam Room, Valet/Cleaner, Whirlpool
  • Assessment Includes: Heat, Air Conditioning, Water, Gas, Parking, Common Insurance, Doorman, TV/Cable, Clubhouse, Exercise Facilities, Scavenger
  • Assessment Association Fees: 1679
  • Management Contact Name: Lynn Stephens
  • Management Phone: 312-255-0179

Fee Information

  • Management Company: Sudler

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: PER SURVEY
  • Parcel Identification Number: 17032130201042

Multi Family

  • Total Number Unitsin Building: 102
  • Number Stories: 37

Tax Info

  • Taxes: 21893

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2018
Closed on
Nov 12, 2018
Sold by
Timberlake Joan
Bought by
Vincent Jennifer and The Jennifer Vincent Irrevocable Residen
Seller's Agent
Brian Loomis
Jameson Sotheby's Intl Realty
Buyer's Agent
Molly Johnson
@properties Christie's International Real Estate
List Price
$1,395,000
Sold Price
$1,250,000
Premium/Discount to List
-$145,000
-10.39%
Current Estimated Value
$1,126,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$123,880
Avg. Annual Appreciation
-1.40%

Purchase Details

Closed on
Nov 18, 2010
Sold by
Cabrera Marie
Bought by
Timberlake Joan

Purchase Details

Closed on
May 24, 2006
Sold by
Palmolive Tower Condominiums Llc
Bought by
Cabrera Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,045,600
Interest Rate
7.62%
Mortgage Type
Fannie Mae Freddie Mac
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
Vincent Jennifer $1,250,000 Greater Illinois
Timberlake Joan $1,000,000 Baird & Warner Title Service
Cabrera Marie $1,307,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cabrera Marie $1,045,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2018 11/16/18 Sold $1,250,000 -10.4% $670 / Sq Ft
10/03/2018 10/03/18 Pending -- -- --
07/16/2018 07/16/18 For Sale $1,395,000 -- $747 / 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 $19,828 $92,945 $4,553 $88,392
2024 $19,828 $92,945 $4,553 $88,392
2023 $21,622 $93,980 $3,668 $90,312
2022 $21,622 $105,123 $3,668 $101,455
2021 $21,139 $105,121 $3,667 $101,454
2020 $24,773 $111,203 $2,566 $108,637
2019 $24,245 $120,674 $2,566 $118,108
2018 $24,271 $122,871 $2,566 $120,305
2017 $23,531 $109,309 $2,052 $107,257
2016 $21,893 $109,309 $2,052 $107,257
2015 $20,030 $109,309 $2,052 $107,257
2014 $16,209 $87,362 $1,649 $85,713
2013 $15,889 $87,362 $1,649 $85,713
Source: Public Records

Agents Affiliated with this Home

  • Brian Loomis

    Seller's Agent in 2018

    Brian Loomis

    Jameson Sotheby's Intl Realty

    (312) 867-8130

    21 in this area

    52 Total Sales

    Brian Loomis
    Section Image

  • M

    Buyer's Agent in 2018

    Molly Johnson

    @ Properties

    Section Image
See All Agents

About The Palmolive Condos

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10019718

Midwest Real Estate Data (MRED)

APN: 17-03-213-020-1042

Illinois Cook County Chicago 60611 Magnificent Mile

159 E Walton St Unit 13B, Chicago, IL

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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.