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$8,900,000

  • For Sale
  • Active
  • Condo
  • 4 Beds
  • 4 Full Baths
  • 1 Partial Bath
  • 7,880 Sq. Ft.
  • 2 Car Garage
  • Updated 1 day ago
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Own the pinnacle of Chicago elegance in this 7880 sq ft duplex penthouse, formerly home to Vince Vaughn and the original headquarters of Hugh Hefner's Playboy enterprise. The Palmolive Building is a true Art Deco icon- its historic beacon once lit the skies to guide pilots to Midway Airport and today it shines as one of the most distinguished addresses in the city. This two-story residence is the ultimate blend of heritage and sophistication. the upper level features soaring 14-foot ceilings, timeless wood paneling in the original executive office, now reimagined as a show stopping primary suite with a lavish bathroom, an office, game. room and extensive storage. Downstairs you'll find a massive chef's kitchen, perfect for entertaining, along with formal living and dining rooms and a guest suite with its own bath. A custom temperature-controlled wine room ,part of a meticulous multi-million dollar renovation ,elevates this already extraordinary home. Enjoy three private terraces , a private elevator, two garage spaces , and the impeccable attention of a building staff renowned for best -in-class service. Qualified buyers only please.

Full Property Details for 159 E Walton Pl #PH

General

  • Price: $8,900,000
  • HOA FEE: $14,786/month
  • Taxes: $122,035 (2024)
  • Status: Active
  • Type: Condo
  • Source: MRED
  • MLS ID: 12541400
  • Updated: 1/14/2026
  • Added to Site: 8 day(s) ago

Interior

  • Basement: None
  • Interior Features: Wet Bar, Theatre Room
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Other
  • Appliances: Double Oven, Range, Microwave, Dishwasher, Refrigerator, High-End Refrigerator, Bar Fridge, Freezer, Washer, Dryer, Disposal, Wine Refrigerator
  • Flooring: Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Bathroom Features: Double Sink, No Tub

Bedrooms

  • Total Bedrooms: 4

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 2
  • Parking Features: Heated Garage, Yes, Garage Owned, Attached, Garage

Location

  • Area: CHI - Near North Side
  • County: Cook
  • Township: North Chicago
  • Driving Directions: SE CORNER OF MICHIGAN AND WALTON

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299
  • 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, Security, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Pets Allowed: Yes
  • Pets: Cats OK, Dogs OK
  • Pet Restrictions: Cats OK, Dogs OK
  • Mgmt. Company: Sudler

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Forced Air, Sep Heating Systems - 2+

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan

Structural Information

  • Structure Type: Condo, High-Rise (7 or More Stories)
  • Construction: Marble/Granite, Limestone
  • Exterior Const.: Marble/Granite, Limestone
  • Basement Desc.: None
  • Sub-Flooring: Hardwood
  • Entry Floor Number: 36
  • Stories/Levels: 37
  • Square Feet: 7,880
  • Sq. Ft. Source: Builder
  • 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: $14,786
  • Assoc Fee Freq.: Monthly
  • Parking Included: Yes
  • Assessment Year: 1929
  • Tax Amount: $122,035.5
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Condo
  • Special Conditions: List Broker Must Accompany
  • Property ID: 17032130201001

Listed by Jameson Sotheby's Intl Realty

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Listing agent

— 159 E Walton Pl #PH —

  • Jameson Sotheby's Intl Realty

(773) 251-6915

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 159 E Walton Pl #PH

School District:Chicago Public School District 299
NameGradesDistance
Ogden Elementary School
24 West Walton Street, Chicago, IL 60610
K-80.3 mi
Wells Community Academy High School
936 North Ashland Avenue, Chicago, IL 60622
9-112.3 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 159 E Walton Pl #PH Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/08/2026
Listed
$8,900,000
415.94%
MLS
5/02/2023
Sold
$1,725,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 159 E Walton Pl #PH

Year
Property Taxes
Change
Tax Assessment
Change
2023
$9,239
3%
$43,498
—
2022
$8,990
2%
$43,498
—
2021
$8,794
7%
$43,498
18%
2020
$8,187
11%
$36,753
—
2019
$7,384
2%
$36,753
—
2018
$7,260
-7%
$36,753
2%
2017
$7,767
7%
$36,082
—
2016
$7,227
9%
$36,082
—
2015
$6,612
3%
$36,082
4%
2014
$6,450
5%
$34,763
3%
2013
$6,155
-24%
$33,840
-25%
2012
$8,138
—
$45,352
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Jameson Sotheby's Intl Realty

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159 E Walton Place #PH, Chicago, IL 60611 (MLS# 12541400) is a Condo property with 4 bedrooms, 4 full bathrooms and 1 partial bathroom. 159 E Walton Place #PH is currently listed for $8,900,000 and was received on January 08, 2026. Want to learn more about 159 E Walton Place #PH? 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.

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