$2,700,000
SOLD FEB 10, 2025
3 Beds
4.5 Baths
5,200 Sq Ft
$5,985/mo HOA Fee

Recently Sold

$519 Per Sq Ft

7% Below List Price

26 Days on Market

Highlights

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

About This Home

As of February 2025

Experience the pinnacle of luxury living in this extraordinary full-floor residence, situated on the 33rd floor of the iconic Palmolive building. From the moment you step off the elevator into your private vestibule, you'll be immediately captivated by the breathtaking views of Lake Michigan and the city skyline. As you pass through the double doors into the main living quarters, you'll find an expansive layout that exudes elegance and sophistication. The gallery-style corridor is a canvas for art collectors, offering the perfect backdrop for your prized collection. The open-concept living room and dining room create a seamless space for entertaining, while a corner study adorned with cerused oak paneling, a fireplace, and mesmerizing lake views provides a serene retreat for work or relaxation. Adjacent to the dining room, the eat-in kitchen boasts classic white cabinetry and is equipped with top-of-the-line appliances, including Wolf, Subzero, Bosch, and a Miele barista built-in coffee maker. An expansive center island adds to the kitchen's functionality and charm. The primary suite is a true oasis, featuring three exposures with views to the north, south, and breathtaking west-facing sunsets. The spa-like bath is a haven of relaxation, with windows on both sides of the double vanity, a soaking tub, a separate shower, and a private toilet room. A generous dream closet offers ample storage space for your wardrobe. This exceptional residence also includes three additional en-suite bedrooms, one of which is currently used as a cozy family room with custom built-ins. Chevron wood floors grace the entire home, and a Savant audio-visual system and Lutron lighting system enhance the ambiance throughout. Convenience is paramount, with a separate laundry room and a powder room thoughtfully incorporated into the design. Revel in the opulence of The Palmolive building, offering unrivaled amenities such as a state-of-the-art gym, men's and women's changing rooms, a rejuvenating sauna, and the exclusive Beacon Club for residents only. Other services include: 24hr door staff, onsite manager & engineer and valet parking. The right to valet 2 cars in the garage is included in the price.

Last Agent to Sell the Property

Maria Casciaro

Jameson Sotheby's Intl Realty License #475138694 Listed on: 12/03/2024

Jameson Sotheby's Intl Realty

Co-Listed By

Michael Battista

Jameson Sotheby's Intl Realty License #475148694

Last Buyer's Agent

Margaret Baczkowski

@properties Christie's International Real Estate License #475125650

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $68,985

Year Built

  • Built in 1929 | Remodeled in 2006

HOA Fees

  • $5,985 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Side Driveway
  • Parking Included in Price

Interior Spaces

  • 5,200 Sq Ft Home
  • Wet Bar
  • Built-In Features
  • Bar
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Library with Fireplace
  • Storage Room
  • Utility Room with Study Area

Kitchen

  • Double Oven
  • Range with Range Hood
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Soaking Tub
  • Shower Body Spray
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Home Security

Schools

  • Ogden Elementary
  • Wells Community Academy Senior H High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Water Purifier
  • Cable TV Available

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, parking, insurance, doorman, tv/cable, exercise facilities, exterior maintenance, scavenger, snow removal, internet
  • 98 Units
  • Lynn Stephens Association, Phone Number (312) 255-0159
  • High-Rise Condominium
  • Property managed by Sudler
  • Lock-and-Leave Community
  • 37-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Steam Room
  • Party Room
  • Elevator
  • Service Elevator
  • Package Room

Recreation

  • Community Spa
  • Bike Trail

Pet Policy

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

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$68,985

Year Built

Built in 1929 | Remodeled in 2006

Lot Details

0

HOA Fees

$5,985 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories)
  • 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: 33
  • Rehab Year: 2006
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 37
  • Year Renovated: 2006

Interior Features

  • Appliances: Double Oven, Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Range Hood, Water Purifier
  • Basement: None
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Bar-Wet, Hardwood Floors, Storage, Built-in Features, Walk-In Closet(s)
  • LivingArea: 5200
  • Other Equipment: TV-Cable, Fire Sprinklers, CO Detectors
  • Room Type: Storage, Foyer, Walk In Closet, Study
  • Stories Total: 37
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink,Full Body Spray Shower,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Den/Library
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Storms/Screens
  • Waterfront: No
  • Exterior Building Type: Concrete,Limestone

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Side Drive
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+, Zoned
  • Laundry Features: In Unit, Sink
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 5985
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, On Site Manager/Engineer, Party Room, Receiving Room, 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: Heat, Air Conditioning, Water, Gas, Parking, Insurance, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Scavenger, Snow Removal, Internet

Schools

  • Elementary School: Ogden Elementary
  • High School: Wells Community Academy Senior H
  • Middle/Junior School: Ogden Elementary

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

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: 68985.11
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 98

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2024
Closed on
Feb 3, 2025
Sold by
Carl D Thoma Trust and Marilynn J Thoma Trust
Bought by
Sara B Lurie Revocable Trust and Lurie
Seller's Agent
Maria Casciaro
Jameson Sotheby's Intl Realty
Buyer's Agent
Margaret Baczkowski
@properties Christie's International Real Estate
List Price
$2,900,000
Sold Price
$2,700,000
Premium/Discount to List
-$200,000
-6.9%
Views
32
Current Estimated Value
$3,188,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$488,256
Avg. Annual Appreciation
22.47%

Purchase Details

Listed on
Jun 8, 2015
Closed on
Jul 18, 2015
Sold by
Vorwaller Gregory S and Vorwaller Ava M
Bought by
Thoma Carl D and Carl D Thoma Trust
Seller's Agent
Jennifer Ames
Engel & Voelkers Chicago
Buyer's Agent
Julie Harron
Jameson Sotheby's Intl Realty
List Price
$7,200,000
Sold Price
$6,200,000
Premium/Discount to List
-$1,000,000
-13.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.35%

Purchase Details

Closed on
Feb 7, 2007
Sold by
Palmolive Tower Condominiums Llc
Bought by
Vorwaller Gregory S and Vorwaller Ava M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.22%
Mortgage Type
Unknown
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 Type Sale Price Title Company
Deed $2,700,000 Chicago Title
Warranty Deed $6,200,000 Cti
Special Warranty Deed $5,221,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,000,000 Unknown
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/10/2025 02/10/25 Sold $2,700,000 -6.9% $519 / Sq Ft
12/30/2024 12/30/24 Pending -- -- --
12/03/2024 12/03/24 For Sale $2,900,000 -53.2% $558 / Sq Ft
08/05/2015 08/05/15 Sold $6,200,000 -13.9% $1,192 / Sq Ft View Prior Sale
07/04/2015 07/04/15 Pending -- -- --
06/08/2015 06/08/15 For Sale $7,200,000 -- $1,385 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

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 $68,985 $323,359 $15,840 $307,519
2023 $75,223 $326,960 $12,761 $314,199
2022 $75,223 $365,727 $12,761 $352,966
2021 $73,544 $365,726 $12,760 $352,966
2020 $86,185 $386,882 $8,927 $377,955
2019 $83,660 $419,829 $8,927 $410,902
2018 $83,762 $427,474 $8,927 $418,547
2017 $81,139 $380,295 $5,739 $374,556
2016 $47,618 $240,244 $5,739 $234,505
2015 $22,470 $125,243 $5,739 $119,504
2014 $18,113 $100,195 $5,739 $94,456
2013 $17,745 $100,195 $5,739 $94,456
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12214721

Midwest Real Estate Data (MRED)

APN: 17-03-213-020-1004