159 E Walton Place # 28A
Chicago, IL, 60611 $ 5,200,000
Bedrooms3 Baths2.1 Sq 5,400 Monthly Estimate*
$ 32,017
for $5,200,000 with 3 bedrooms and 2 full baths, 1 half bath. This 5,400 square foot condo was built in 1929.
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.
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FeaturesGeneralLiving Area 5400
Sewer Public Sewer
Heating Forced Air Zoned
Cooling Central Air
Possession Closing
HOA Fee 7555
Garage Spaces 3
Association Fee Includes Heat Air Conditioning Water Gas Parking Insurance Doorman TV/Cable Exercise Facilities Exterior Maintenance Scavenger Snow Removal Internet
Construction Materials Marble/Granite Limestone
Pets Allowed Cats OK Dogs OK
Year Built 1929
Township North Chicago
Unit Number 28A
Tax Year 2024
Ownership Condo
Assoc Fee Paid Per Monthly
County Cook
New Construction N
Property Type Residential Attached Single
Association Amenities Door Person Elevator in Residence Exercise Room On Site Manager/Engineer Party Room
Total Rooms 7
Full Baths 2
Status New
Directions SE CORNER OF MICHIGAN AVE AND WALTON PL
City Chicago
High School District 299
MLS Area CHI - Near North Side
Elementary School Ogden Elementary
Tax Annual Amount 65153.12
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
Sub Type Condo
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InteriorBasement None
Total Fireplaces 2
Total Stories 1
Half Baths 1
Laundry Features In Unit
Total Bedrooms 3
Room Type Foyer Gallery Pantry
Total Baths 3
Bedrooms Possible 3
Total Number of Units 99
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ExteriorParking Features Yes Garage Owned Attached Garage
Water Source Lake Michigan Public
Total Parking 3
Lot Dimensions PER SURVEY
Waterfront Y/N N
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* Excluded FeaturesList By@Properties Christie's International Real EstateBroker
clandis@atproperties.com;clandis@atproperties.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $32,017
- Monthly Property Taxes
- $5,429
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCondo listings in Chicago, IL
Average List Price $632,884
Percent of Sale Price 88%
About Chicago, IL 2,755,380 Population
-4% Since 2002
$ 53,088 Median Income
36.07 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
2641063 Elementary School
566846 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/10/2026 | $5,200,000 | | Listed Price |