159 E Walton Place Unit 16E
Chicago, IL 60611
- 2 beds
- 2 baths
- 2,712 sqft
- $543 per sqft
- 1928 build
- – on site
Welcome home to this extraordinary, one-of-a-kind residence in the iconic Palmolive Building, ideally situated just steps from the shimmering shores of Lake Michigan and the renowned Magnificent Mile. As you enter through a grand double-door entry, you're greeted by a gracious foyer featuring exquisite herringbone inset hardwood floors and dual closets, which lead seamlessly into the expansive, light-filled living room. This elegant space is adorned with a stately fireplace, an oversized wall of windows, and beautiful moldings throughout, offering rare, sweeping views of the city along Michigan Avenue. This recently renovated, sprawling 2,700+ square-foot home masterfully blends classic charm with modern luxury. High ceilings, recessed lighting, and beautiful hardwood floors create an atmosphere of sophistication, while custom organized closets enhance the sense of order and space. The newly redesigned bathrooms exude style and luxury, and the chef's kitchen is nothing short of a dream. It boasts custom Omega cabinetry, pristine countertops and backsplash, top-of-the-line Bosch and Sub-Zero appliances-including a stunning La Cornue range and a separate wine refrigerator. A custom oversized island and expansive pantry wall offer an abundance of storage, making this kitchen both a functional and beautiful centerpiece. Flooded with natural light from its coveted southern exposure, this exceptional corner unit offers an ideal floor plan that thoughtfully separates the primary suite from the secondary bedroom and main living area. A private office and library further enrich this residence's versatility and appeal. The primary suite is a true retreat, featuring an elegantly designed wall of closets and a large walk-in closet, providing ample storage space. The spa-like primary bathroom is a sanctuary of indulgence, complete with heated floors, a deep soaking tub, a separate glass shower, and a dual vanity with a discreet built-in Apple TV, offering the perfect blend of luxury and convenience. The Palmolive Building is renowned for its unmatched services, including 24-hour door staff, an onsite manager, concierge, and engineer, as well as a fully equipped fitness center, whirlpool, steam room, and the elegant Beacon Club room for entertaining guests. The building also offers valet parking in its onsite garage, with one parking space included. Living here means enjoying all of Chicago and what the Magnificent Mile have to offer-world-class shopping, dining, and entertainment at your doorstep. This is a rare opportunity to own a residence that embodies timeless elegance, refined craftsmanship, and unparalleled sophistication in one of Chicago's most iconic buildings.
Last checked:
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Last updated Mar 25, 2025
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MLS# 12309635 —
The Building
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Year Built:1928
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Rebuilt:No
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New Construction:false
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Basement:None
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Disability Access:No
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Stories Total:37
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Living Area Source:Appraiser
Interior
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Room Type:Office, Library
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Rooms Total:7
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Interior Features:Hardwood Floors, Built-in Features, Walk-In Closet(s), Ceiling - 10 Foot, Special Millwork, Doorman, Granite Counters, Health Facilities, Lobby
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Fireplaces Total:1
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Fireplace Features:Gas Log, Gas Starter
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Fireplace Location:Living Room
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Laundry Features:In Unit
Room Dimensions
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Living Area:2712
Location
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Directions:SE Corner of Michigan Ave and Walton
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Location:17665
The Property
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Parcel Number:17032130201030
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Property Type:Residential
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Lot Size Dimensions:COMMON
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (312) 500-5178
- Office phone:
- (312) 682-8500
Taxes
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Tax Year:2023
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Tax Annual Amount:29274
Beds
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Bedrooms Total:2
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Bedrooms Possible:2
Baths
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Baths:2
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Full Baths:2
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Natural Gas, Forced Air
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Cooling:Central Air
Utilities
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Sewer:Public Sewer
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Electric:Circuit Breakers, 200+ Amp Service
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Water Source:Lake Michigan
Schools
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Elementary School District:299
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Middle Or Junior School District:299
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High School District:299
The Community
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Subdivision Name:Palmolive Building Landmark
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Pets Allowed:Cats OK, Dogs OK
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Association Amenities:Door Person, Elevator(s), Exercise Room, Storage, Health Club, Party Room, Receiving Room, Service Elevator(s), Steam Room, Valet/Cleaner, Spa/Hot Tub
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Association Fee:3014
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Association Fee Includes:Heat, Air Conditioning, Water, Gas, Parking, Insurance, Security, Doorman, TV/Cable, Clubhouse, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
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Association Fee Frequency:Monthly
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Master Assoc Fee Frequency:Not Required
Parking
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Parking Total:1
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Garage Type:Attached
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Garage Spaces:1
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Garage Onsite:Yes
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Garage Ownership:Owned
Monthly cost estimate

Asking price
$1,475,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$7,898
|
Taxes | $2,439 |
Insurance | $405 |
HOA fees | $3,014 |
Utilities | $176 See report |
Total | $13,932/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/24/25
Mar 24, 2025
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Listed / Active | MRED | $1,475,000 | 40.5% (18.1% / YR) |
12/30/22
Dec 30, 2022
|
MRED | $1,050,000 | -10.6% | |
12/7/22
Dec 7, 2022
|
MRED | $1,175,000 |