NOT LISTED FOR SALE

The Palmolive Condos 159 E Walton St Unit 21B Chicago, IL 60611

Magnificent Mile Neighborhood

Estimated Value: $939,346 - $1,246,000

1 Bed
2 Baths
2,144 Sq Ft
25,003 Sq Ft Lot

Sale Details

Date Sold: August 26, 2014

Last sale price $1,851,875 $864 Per Sq Ft

Est. 43% decrease in value since last sale

Current estimated payment $9,763 / mo

338 Days on Market

Highlights

  • Lake Front
  • Whirlpool Bathtub
  • Den
  • Wood Flooring
  • Gallery
  • 1-minute walk to Lakefront Park

About This Home

As of August 2014

Palmolive building's only smaller unit on a high floor with spectacular lake view. A perfect pied de terre with high ceilings and beautiful proportions has 1 bedroom, a paneled den, a custom kitchen, 1.1 baths, 4" oak floors throughout, and perfect location. Lighting & sound system throughout. Shows beautifully. Broker owned.

Last Agent to Sell the Property

Katherine Malkin

Compass Listed on: 07/30/2013

Compass

Last Buyer's Agent

Jennifer Ames

Engel & Voelkers Chicago License #475150488

Engel & Voelkers Chicago

Property Details

Home Type

  • Condominium

Year Built

  • 1929

Lot Details

  • Lake Front
  • East or West Exposure

HOA Fees

  • $1,870 per month

Parking

  • Attached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Slab Foundation
  • Marble or Granite Building Materials
  • Limestone

Interior Spaces

  • Entrance Foyer
  • Den
  • Gallery
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • North or South Exposure

Utilities

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

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

1929

Lot Details

0.57 Acres

HOA Fees

$1,870 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Unit Floor Level: 21
  • Age: 81-90 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1.1
  • Estimated Year Built: 1929
  • Type Attached: Condo, High Rise (7+ Stories), Vintage
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 37
  • Year Built: 1929

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit
  • Number Of Rooms: 6
  • Living Room: Dimensions: 21X16, On Level: Main Level
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal
  • Fireplace Location: Family Room
  • Bedrooms All Levels: 1
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 1
  • Dining Room: Dimensions: COMBO, On Level: Main Level
  • Kitchen Type: Dimensions: 18X16, On Level: Main Level
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: Den, Foyer, Gallery
  • Master Bedroom: Dimensions: 13X15, On Level: Main Level
  • Additional Room 1 Name: Den, Dimensions: 11X15, On Level: Main Level
  • Additional Room 2 Name: Foyer, Dimensions: 10X07, On Level: Main Level
  • Additional Room 3 Name: Gallery, Dimensions: 10X7, On Level: Main Level
  • Estimated Sq Ft: 2144
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 12X15, On Level: Main Level

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Marble/Granite, Limestone
  • Exposure: N (North), E (East), Lake/Water

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Forced Air, 2+ Sep Heating Systems, 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, Health Club, On Site Manager/Engineer, Party Room, Receiving Room, Steam Room, Whirlpool
  • Assessment Includes: Heat, Air Conditioning, Water, Gas, Parking, Common Insurance, Doorman, TV/Cable, Clubhouse, Exercise Facilities, Scavenger, Snow Removal
  • Assessment Association Fees: 1870
  • Management Contact Name: LYNN STEPHENS
  • Management Phone: 312-255-0159

Fee Information

  • Management Company: DRAPER & KRAMER

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 17032130201017

Multi Family

  • Total Number Unitsin Building: 99
  • Number Stories: 37

Tax Info

  • Taxes: 21289.26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2013
Closed on
Aug 12, 2014
Sold by
Chicago Title Land Trust Company
Bought by
Chicago Title Land Trust Company and Trust #8002365610
Seller's Agent
Katherine Malkin
Compass
Buyer's Agent
Jennifer Ames
Engel & Voelkers Chicago
List Price
$1,975,000
Sold Price
$1,851,875
Premium/Discount to List
-$123,125
-6.23%
Current Estimated Value
$1,053,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$798,426
Avg. Annual Appreciation
-4.75%

Purchase Details

Closed on
Sep 10, 2008
Sold by
Palmolive Tower Condominiums Llc
Bought by
Chicago Title Land Trust Co and Trust #8002351631
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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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
Chicago Title Land Trust Company $1,852,000 Chicago Title Land Trust Co
Chicago Title Land Trust Co $1,603,500 Ctic
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2014 08/26/14 Sold $1,851,875 -6.2% $864 / Sq Ft
07/03/2014 07/03/14 Pending -- -- --
07/30/2013 07/30/13 For Sale $1,975,000 -- $921 / 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 $27,165 $127,333 $6,238 $121,095
2024 $27,165 $127,333 $6,238 $121,095
2023 $29,621 $128,750 $5,025 $123,725
2022 $29,621 $144,015 $5,025 $138,990
2021 $28,960 $144,014 $5,024 $138,990
2020 $33,938 $152,346 $3,515 $148,831
2019 $33,215 $165,319 $3,515 $161,804
2018 $33,251 $168,330 $3,515 $164,815
2017 $32,237 $149,751 $2,812 $146,939
2016 $29,993 $149,751 $2,812 $146,939
2015 $27,441 $149,751 $2,812 $146,939
2014 $21,729 $119,684 $2,259 $117,425
2013 $21,289 $119,684 $2,259 $117,425
Source: Public Records

Agents Affiliated with this Home

  • Katherine Malkin

    Seller's Agent in 2014

    Katherine Malkin

    Compass

    (312) 319-1168

    16 in this area

    39 Total Sales

    Katherine Malkin
    Section Image
  • Jennifer Ames

    Buyer's Agent in 2014

    Jennifer Ames

    Engel & Voelkers Chicago

    (773) 908-3632

    12 in this area

    237 Total Sales

    Jennifer Ames
    Section Image
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About The Palmolive Condos

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08407201

Midwest Real Estate Data (MRED)

APN: 17-03-213-020-1017

Illinois Cook County Chicago 60611 Magnificent Mile

159 E Walton St Unit 21B, 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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