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$5,200,000 Just Listed
Property Description
Located on the 28th floor of the iconic Palmolive Building, this extraordinary full-floor residence offers an unmatched blend of historic grandeur, refined craftsmanship, and breathtaking panoramic views of Lake Michigan, the Magnificent Mile, and Navy Pier. Encompassing approximately 5,400 square feet, this impeccably designed 3-bedroom, 2.5-bath home decorated by acclaimed designer Paula Berg is a true masterpiece of luxury living. Arrive to your private elevator foyer wrapped in exquisite Romanoff rolled wood wall coverings before entering a dramatic rotunda adorned with a hand-applied silverleaf ceiling, Venetian plaster niches, and stunning marble, limestone, and onyx flooring. 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. Every detail throughout the residence has been thoughtfully curated, from the soaring ceilings, rich hardwood floors, and classic Art Deco moldings to the custom Evan Lewis-designed fireplaces. Designed for elegant entertaining, the sprawling floor plan features a spectacular lounge and bar with Lalique glass panels, granite countertops, a Herbeau polished nickel sink, Franke faucet, refrigerator, and ice maker. The formal dining room is equally impressive and highlighted by Venetian plaster ceilings and breathtaking open lakeshore views. The adjacent DeGuillio kitchen is a culinary showpiece featuring a custom marble sink, Subzero refrigerator with butternut wood doors, sliding backsplash doors revealing hidden spice storage, and exceptional custom detailing throughout. A fully equipped butler's pantry includes antique mirror inserts, a German silver sink, warming drawer, refrigerator drawers, dishwasher and 1-inch maple countertops. Wine enthusiasts will appreciate the 600-bottle EuroCave wine coolers. Nearby, a sunlit laundry room offers a full-sized washer/dryer, marble countertops, and cabinetry for storage. 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, a Seura bathroom mirror with TV, a spectacular stand-alone Kohler tub and limestone shower. Modern conveniences include Lutron lighting, motorized shades, distributed audio/video creating an efficient total home control system. A richly appointed executive study/library featuring dramatic floor-to-ceiling custom millwork, built-in bookshelves, and a striking marble fireplace complemented by warm ambient lighting, oversized windows with city views, and refined designer finishes throughout. A sophisticated retreat ideal for a private office, reading room, or elegant work-from-home setting. This remarkable residence was prominently featured in the Winter 2017 issue of Sophisticated Living Chicago Magazine. Enjoy distinguished amenities including an exceptional full-service concierge staff, fitness center with hot tub spa, club room, and valet parking for three vehicles. Rich in Chicago history, this celebrated Art Deco landmark once housed the headquarters of Colgate-Palmolive-Peet Company and later Playboy Enterprises, making it one of the city's most distinguished residential addresses.
Full Property Details
Full Property Details for 159 E Walton Pl #28A
General
- Price: $5,200,000
- HOA FEE: $7,555/month
- Taxes: $65,153 (2024)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12654631
Interior
- Basement: None
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Family Room, Den/Library
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Additional Information
- Shared Amenities: Door Person, Elevator in Residence, Exercise Room, On-Site Manager/Engineer, Party Room
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 3
- Total Spaces: 3
- Parking Features: Yes, Garage Owned, Attached, Garage
Location
- Area: CHI - Near North Side
- County: Cook
- Township: North Chicago
- Driving Directions: SE CORNER OF MICHIGAN AVE AND WALTON PL
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
- Elementary School: Ogden Elementary
Community
- Assoc. Fees Include: Heat, Air Conditioning, Water, Gas, Parking, Insurance, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Scavenger, Snow Removal, Internet
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK
- Pet Restrictions: Cats OK, Dogs OK, / 999lbs.
- Mgmt. Company: Sudler
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Zoned
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Structural Information
- Structure Type: Condo
- Construction: Marble/Granite, Limestone
- Exterior Const.: Marble/Granite, Limestone
- Basement Desc.: None
- Entry Floor Number: 28
- Stories/Levels: 1
- Square Feet: 5,400
- Sq. Ft. Source: Estimated
- Year Built: 1929
- Built Before 1978: Yes
- Remodeled/Updated: 2005
Unit Information
- Units in Building: 99
Lot Features
- Lot Dimensions: PER SURVEY
Animals
- Animals Allowed: Cats OK, Dogs OK
Water Features
- Water View: Yes
- Water Front View: Front of Property, Side(s) of Property
Financial Considerations
- Association Fee: $7,555
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Assessment Year: 1929
- Tax Amount: $65,153.12
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Special Conditions: List Broker Must Accompany
- Property ID: 17032130201009
Listed by @properties Christie's International Real Estate
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Schools
Schools serving 159 E Walton Pl #28A
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Ogden Elementary School 24 West Walton Street, Chicago, IL 60610 | K-8 | 0.3 mi |
Wells Community Academy High School 936 North Ashland Avenue, Chicago, IL 60622 | 9-11 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 159 E Walton Pl #28A
Year
Property Taxes
Change
Tax Assessment
Change
2023
$69,188
—
$327,588
-1%
2023
$69,188
-8%
$331,235
-11%
2022
$75,504
2%
$370,509
—
2021
$73,836
-15%
$370,509
-5%
2020
$86,622
2%
$391,942
-8%
2019
$84,763
—
$425,320
-2%
2018
$84,866
3%
$433,065
12%
2017
$82,210
7%
$385,269
—
2016
$76,665
180%
$385,269
153%
2015
$27,420
19%
$152,256
20%
2014
$23,065
28%
$126,881
25%
2013
$17,983
1%
$101,505
—
2012
$17,767
—
$101,505
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 159 E Walton Pl #28A
159 E Walton Place #28A, Chicago, IL 60611 (MLS# 12654631) is a Condo property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 159 E Walton Place #28A is currently listed for $5,200,000 and was received on June 10, 2026. Want to learn more about 159 E Walton Place #28A? Do you have questions about finding other Condo real estate for sale in Near North Side? You can browse all Near North Side real estate or contact a Coldwell Banker agent to request more information.
