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$1,150,000 Sale Pending
Property Description
The one you have been waiting for - a stunning southwest corner residence in the iconic Palmolive building. This exceptional two bedroom plus flex space home offers approximately 2,361 square feet of sophisticated living space, combining timeless Art Deco architecture with elegant modern updates, expansive entertaining areas, and incredible southern and western light. A grand foyer with a custom light fixture opens into an impressive living and dining space anchored by a marble gas fireplace, custom built-ins, coffered ceilings, and wide-plank white oak hardwood floors. The open-concept layout is ideal for both everyday living and entertaining. The chef's kitchen features Sub-Zero, Wolf, and Miele appliances, Poliform Italian cabinetry, quartz countertops and backsplash, and a pass-through design connecting seamlessly to the dining area. The expansive primary suite includes blackout shades, custom lighting, integrated speakers, a professionally organized walk-in closet, and a luxurious marble spa bath with dual vanity, soaking tub, separate rainfall shower, and linen storage. The second bedroom offers its own walk-in closet and updated ensuite bath. The flexible bonus space is ideal for a home office, media room, fitness area, or guest overflow space. Additional highlights include a renovated laundry room with oversized washer and dryer, sink, extra cabinetry, Elan smart home automation, integrated speakers throughout, and fresh paint across the entire residence. One valet heated garage parking space and a storage locker are included. Originally built in 1929 and transformed into luxury residences in 2006, the Palmolive Building is one of the most prestigious residential towers in Chicago, known for its historic limestone facade, white-glove service, and premier Gold Coast location. Residents enjoy 24-hour door staff, concierge service, on-site management, the Beacon Club, fitness center with steam rooms, party room with catering kitchen, and a highly owner-occupied community. Located just steps from Michigan Avenue, Oak Street Beach, luxury shopping, fine dining, and Chicago's lakefront.
Full Property Details
Full Property Details for 159 E Walton Pl #8G
General
- Price: $1,150,000
- HOA FEE: $3,147/month
- Taxes: $23,364 (2024)
- Status: Pending
- Type: Condo
- Source: MRED
- MLS ID: 12680556
Interior
- Basement: None
- Interior Features: Storage, Built-in Features, Walk-In Closet(s), Bookcases, Coffered Ceiling(s), Open Floorplan, Special Millwork
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room, Gas Log, Gas Starter
- Appliances: Range, Microwave, Dishwasher, High-End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Range Hood, Gas Cooktop, Gas Oven
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
- Bathroom Features: Whirlpool
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Bike Room/Bike Trails, Door Person, Elevator in Residence, Exercise Room, Storage, Health Club, On-Site Manager/Engineer, Party Room, Receiving Room, Sauna, Security Door Lock(s), Service Elevator(s), Steam Room, Valet/Cleaner
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Heated Garage, Yes, Garage Owned, Attached, Garage
Location
- Area: CHI - Near North Side
- County: Cook
- Township: North Chicago
- Driving Directions: South East corner of Michigan and Walton
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
- Elementary School: Ogden Elementary
- Middle School: Ogden Elementary
- High School: Wells Community Academy Senior H
- Private School: Wells Community Academy Senior H
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, Zoned
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Structure Type: Condo, High-Rise (7 or More Stories)
- Construction: Limestone
- Exterior Const.: Limestone
- Basement Desc.: None
- Windows: Drapes
- Sub-Flooring: Hardwood
- Entry Floor Number: 8
- Stories/Levels: 37
- Square Feet: 2,361
- Sq. Ft. Source: Estimated
- Year Built: 1929
- Built Before 1978: Yes
- Remodeled/Updated: 2006
Unit Information
- Units in Building: 99
Lot Features
- Lot Dimensions: COMMON
Animals
- Animals Allowed: Cats OK, Dogs OK
Financial Considerations
- Association Fee: $3,147
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Assessment Year: 1929
- Tax Amount: $23,364.05
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Special Conditions: List Broker Must Accompany
- Property ID: 17032130201078
Listed by @properties Christie's International Real Estate
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Schools
Schools serving 159 E Walton Pl #8G
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 #8G
Year
Property Taxes
Change
Tax Assessment
Change
2023
$25,512
—
$119,587
-1%
2023
$25,512
-6%
$120,917
-11%
2022
$27,116
2%
$135,254
—
2021
$26,529
-17%
$135,254
-7%
2020
$31,821
2%
$145,947
-8%
2019
$31,073
2%
$158,090
—
2018
$30,549
1%
$158,090
12%
2017
$30,276
7%
$140,642
—
2016
$28,169
9%
$140,642
—
2015
$25,772
26%
$140,642
25%
2014
$20,379
2%
$112,404
—
2013
$19,965
-1%
$112,404
—
2012
$20,170
—
$112,404
—
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 #8G
159 E Walton Place #8G, Chicago, IL 60611 (MLS# 12680556) is a Condo property with 2 bedrooms, 2 full bathrooms and 1 partial bathroom. 159 E Walton Place #8G is currently listed for $1,150,000 and was received on July 13, 2026. Want to learn more about 159 E Walton Place #8G? 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.
