Address
159 E WALTON Place # 23A, Chicago, IL
Price
$ 6,495,000
Property Attributes
  • MLS#11977573
  • TypeCondos
  • CountyCOOK
  • CityChicago
  • AreaCHI - Near North Side
  • NeighborhoodPalmolive Building Landmark
  • Zip60611
  • StyleCondo
  • Year Built1929
  • Taxes$ 74210
  • Price$ 6,495,000
  • Bedrooms3
  • Full Bathrooms3
  • Half Bathrooms1
  • Sqr Footage5400
Data Source:
Midwest Real Estate Data (MRED)
Property Description

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.

Elementary School High School
Ogden Elementary Wells Community Academy Senior H High School
Price History
5/14/2024 Listed $6,495,000

General Features

Interior 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 No
Property Type Residential
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 No
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
Property Type Attached Single
Sub Type Condo

Interior Features

Basement 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
LivingAreaSource Builder
Total Baths 4
Bedrooms Possible 3
Basement None
Bathrooom Double Sink
Total Number of Units 102

Exterior Features

Water 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

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 $1.2M
$6.5M
Taxes
AVG $20,867
$74,210
Visits
AVG 227
357
Data Provided by Inside Real Estate®
Year Built
AVG 1982
1929