159 E WALTON Place # 23A
Chicago, IL, 60611 $ 6,495,000
Bedrooms3 Baths3.1 Sq 5,400 Monthly Estimate*
$ 43,168
for $6,495,000 with 3 bedrooms and 3 full baths, 1 half bath. This 5,400 square foot condo was built in 1929.
Encompassing an entire premier floor within Chicago's iconic Palmolive Building, high above the Mag Mile overlooking the endless azure of Lake Michigan, 159 E. Walton Place, unit 23A, is a professionally designed 5,400-sq-ft, 3 bed/3.5 bath home with flawless finishes and modern Art Deco appeal. Originally completed in 1929 by the renowned architectural firm of Holabird & Root, the Palmolive has been meticulously maintained for world-class living and affords exceptional amenities including a 24-hour door staff, concierge services, a fitness facility, a luxe spa, and the Beacon Club - and this breathtaking full-floor unit is its undisputed crown jewel. An unrivaled level of refinement is evident moment one in the private elevator foyer, where herringbone hardwood floors and timeless architectural details set an elegant tone. Seamlessly fanning out from here, a marvelous entertaining footprint unfolds, including a light-filled living room with a custom-built wet bar that boasts a Lindsey Adelman light fixture, an icemaker and a wine fridge, a stylish formal dining room, a traditional sitting room, a handsome library/den with ebony lacquered paneling and curved glass shelves, and a design-forward family room with Porta Romana swing arm sconces. With clean lines and concealed state-of-the-art appliances, the chef's kitchen is a glowing testament to the artisan craftsmanship found throughout, and features custom fluted lacquer wood cabinets, a large marble-topped island, professional appliances from Wolf/Sub-Zero/Bosch including a wine fridge, a butler's pantry, and a second dining space that overlooks the lakefront. Past a long gallery hall that provides a layer of privacy and links to the first of two editorial-worthy secondary bedrooms, this home's private quarters span the entire western end of the residence, and include a third ensuite bedroom, a private home office, and an expansive primary suite. Boasting a corner position for double exposure, the primary enchants with large windows, a fireplace with a 19th century French carved marble mantle, a spacious custom-designed walk-in closet, and a luxurious ensuite bath with Samuel Heath fixtures, Agape lighted mirrors, dual custom vanities, and heated marble floors. Additional designer details and amenities include custom paint, wallcoverings and window treatments, additional designer light fixtures from the likes of Apparatus and Studio Van den Akker, custom closets, a presentation-worthy powder room, a finely appointed walk-in laundry room, Savant smart home automation, trimless recessed lighting, and Lutron lighting control. With unparalleled panoramas and every modern comfort imaginable, 159 E. Walton Place, unit 23A, is a once-in-a-lifetime opportunity to own a spectacular piece of Chicago history.
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FeaturesGeneralInterior Features Bar-Wet Hardwood Floors Heated Floors First Floor Laundry Laundry Hook-Up in Unit Storage Walk-In Closet(s)
Sewer Public Sewer Sewer-Storm
Heating Forced Air Zoned
Cooling Central Air Zoned
Possession Closing
Appliances Double Oven Microwave Dishwasher Refrigerator High End Refrigerator Freezer Washer Dryer Disposal Wine Refrigerator Cooktop Built-In Oven Range Hood Gas Cooktop Wall Oven
HOA 7101
Garage Spaces 2
Association Fee Includes Heat Air Conditioning Water Gas Parking Insurance Security Doorman TV/Cable Exercise Facilities Exterior Maintenance Scavenger Snow Removal Internet
Pets Allowed Cats OK Dogs OK Number Limit
Year Built 1929
Township North Chicago
Unit Number 23A
Tax Year 2022
Percent Ownership Condo
Assoc Fee Paid Per Monthly
County Cook
New Construction N
Property Type Residential Attached Single
Association Amenities Door Person Elevator(s) Exercise Room Storage Health Club On Site Manager/Engineer Party Room Receiving Room Service Elevator(s) Steam Room Valet/Cleaner Spa/Hot Tub
Subdivision Name Palmolive Building Landmark
Total Rooms 10
Status Active
Directions SE CORNER OF MICHIGAN & WALTON
High School Wells Community Academy Senior H
City Chicago
High School District 299
MLS Area CHI - Near North Side
Waterfront Y/N N
Street Name WALTON
Elementary School Ogden Elementary
Tax Annual Amount 74210.17
Virtual Tour https://youtu.be/gfAPLzUPn7w
Days on Market 16
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
Sub Type Condo
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InteriorBasement None None
Total Fireplaces 1
Fireplace Features Gas Log
Total Stories 37
Full Baths 3
Half Baths 1
Street Suffix Place
Laundry Features In Unit Sink
Total Bedrooms 3
Room Type Foyer Gallery Library Office Sitting Room Walk In Closet
Total Baths 4
Bedrooms Possible 3
Bathrooom Double Sink
Total Number of Units 102
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ExteriorWater Source Lake Michigan Public
Total Parking 2
Foundation Details Concrete Perimeter
Lot Dimensions PER SURVEY
Garage Onsite Yes
Garage Type Attached
Garage Ownership Owned
Exterior Marble/Granite Limestone
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* Excluded FeaturesList ByJameson Sotheby's Intl RealtyBroker
tsalm@jamesonsir.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $43,168
- Monthly Property Taxes
- $6,184
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCondo listings in Chicago, IL
Average List Price $654,895
Percent of Sale Price 90%
About Chicago, IL 2,755,380 Population
-4% Since 2002
$ 53,088 Median Income
36.07 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
2641063 Elementary School
566846 Middle School
Wells Community Academy Senior H High School High School
Pricing HistoryDate | Price | Price Change | Description |
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5/14/2024 | $6,495,000 | | Listed Price |