Address
159 E Walton Place # 28A, Chicago, IL
Price
$ 6,000,000
Property Attributes
  • MLS#11762347
  • TypeCondos
  • CountyCOOK
  • CityChicago
  • AreaCHI - Near North Side
  • NeighborhoodStreeterville
  • Zip60611
  • StyleCondo
  • Year Built1929
  • Taxes$ 73836
  • Price$ 6,000,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms1
  • Sqr Footage5400
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Full Floor Residence located on the 28th floor of one of Chicago's most iconic Art Deco landmarks, the Palmolive Building, this incredible 3-bedroom / 2.5-bathroom home offers unparalleled elegance and scale. The 5400sqft residence designed by Paula Berg is absolutely stunning with panoramic views of Lake Michigan, the Magnificent Mile and Navy Pier. Your private elevator foyer is tastefully decorated with Romanoff wall coverings made of rolled wood. The welcoming rotunda is resplendent with an individually hand-applied silverleaf ceiling, Venetian plastered niches, and a sparkling marble, limestone and onyx floor. A powder room is located just off the entrance and guests will be in awe of the opulent Mother of Pearl-lined walls, marble countertop and nickel faucet. This sprawling residence was configured to splendidly entertain. It features a graceful layout with beautiful hardwood floors, soaring ceilings, Art Deco moldings, and Evan Lewis-designed fireplaces. The home's bar is a specifically special place to gather with Lalique glass panels, granite countertops, a Herbeau polished nickel sink, a Franke nickel faucet, and a refrigerator and ice maker in the lower bar. Take in glorious views during dinner parties in the exquisite formal dining room which is highlighted by Venetian plaster ceilings and a vintage chandelier sourced by French Art Deco specialist, Anne Hauke. Adjacent is a DeGuillio kitchen with a custom marble sink, sliding backsplash doors revealing an encyclopedic spice rack, Subzero refrigerator with butternut wood doors. In the adjoining butler's pantry, one will find antique mirror inserts, a German sourced silver sink, a Miele coffee system, 2 refrigerator drawers, a warming drawer, dishwasher and 1-inch maple countertops. Natural light streams in through the nearby laundry room hosting a full-sized washer / dryer and marble countertops. Enjoy perfectly chilled wine stored in the 600-bottle Eurocave wine cooler. The private wing of the home has 3 generous bedrooms, including a grand, oversized primary suite with a Venetian plaster ceiling, two walk-in closets, and Roman shades. The primary bathroom hosts custom burl wood and onyx cabinets, French sconces from the 1930s, a Seura bathroom mirror with TV, a spectacular stand-alone Kohler tub and limestone shower. The home also has controlled Lutron lighting, motorized shades, distributed audio and video, and a VisionArt system. This home has been Featured in the Winter 2017 issue of Sophisticated Living Chicago Magazine. The Palmolive Building is a distinguished full-service luxury concierge residence rich in Chicago history and culture. Built in the late 1920s, and once the headquarters for Colgate-Palmolive-Peet Company then later Playboy Enterprises, it radiates iconic Art Deco aesthetic. First-Class full amenities include a spa, fitness center, club room, valet parking for 3 cars and an incredibly attentive staff.

Elementary School
Ogden Elementary
Price History
4/24/2023 Listed $6,000,000
6/10/2023 100% - $0

General Features

Assoc Fee Paid Per Monthly
Assoc Fees 6308
Association Amenities Door Person, Elevator(s), Exercise Room, On Site Manager/Engineer, Party Room
Association Fee Includes Heat, Air Conditioning, Water, Gas, Parking, Insurance, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Scavenger, Snow Removal, Internet
City Chicago
Cooling Central Air
County Cook
Days on Market 12
Directions SE CORNER OF MICHIGAN AVE AND WALTON PL
Elementary School Ogden Elementary
Elementary School District 299
Garage Spaces 3
Heating Forced Air, Zoned
High School District 299
MLS Area CHI - Near North Side
Middle/Junior School District 299
New Construction No
Percent Ownership Condo
Pets Allowed Cats OK, Dogs OK
Possession Closing
Property Type Attached Single
Property Type Residential
Sewer Public Sewer
Standard Status Active
Status Active
Street Name Walton
Sub Type Condo
Tax Annual Amount 73836.23
Tax Year 2021
Total Rooms 7
Township North Chicago
Unit Number 28A
Virtual Tour https://tour.vht.com/434136829/159-e-walton-pl-floor-28-chicago-il-60611/idx
Waterfront Y/N No
Year Built 1929

Interior Features

Basement None
Basement None
Bedrooms Possible 3
Full Baths 2
Half Baths 1
Laundry Features In Unit
Livingareasource Estimated
Room Type Foyer, Gallery, Pantry
Street Suffix Place
Total Baths 3
Total Bedrooms 3
Total Fireplaces 2
Total Number of Units 99
Total Stories 1

Exterior Features

Living Area 5400
Exterior Marble/Granite, Limestone
Garage Onsite Yes
Garage Type Attached
Lot Dimensions PER SURVEY
Water Source Lake Michigan, Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Condos Average in 60611

Price
AVG $1.22M
$6M
Taxes
AVG $19,444
$73,836
Visits
AVG 231
830
Data Provided by Inside Real Estate®
Year Built
AVG 1981
1929
Walkscore
AVG 97
99
Data Provided by Walkscore® not using MLS data