14 days on rocket

159 E Walton Pl Unit 23A, Chicago, IL, 60611

$6,495,000

3 Bedrooms
3 Full Baths, 1 Partial
5,400 SqFt
$1,203/SqFt
Condo
Schools Nearby

Location

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Property Highlights

Home TypeCondominium
Attached Garage2 spaces
Year Built1929
HeatingForced Air, Zoned
CoolingCentral Air, Zoned
FireplaceGas Log
MLS #11977573
StatusActive

About 159 E Walton Pl Unit 23A

Encompassing an entire premier floor within Chicago's iconic Palmolive Building, high above the Mag Mile overlooking the endless azure of Lake Michigan, 159 E. Walton Pl., unit 23A, is a professionally designed 5,400-sq-ft, 3 bed/3.5 bath home with flawless finishes and modern Art Deco appeal. Originally completed in 1929 by the renowned architectural firm of Holabird & Root, the Palmolive has been meticulously maintained for world-class living and affords exceptional amenities including a 24-hour door staff, concierge services, a fitness facility, a luxe spa, and the Beacon Club - and this breathtaking full-floor unit is its undisputed crown jewel. An unrivaled level of refinement is evident moment one in the private elevator foyer, where herringbone hardwood floors and timeless architectural details set an elegant tone. Seamlessly fanning out from here, a marvelous entertaining footprint unfolds, including a light-filled living room with a custom-built wet bar that boasts a Lindsey Adelman light fixture, an icemaker and a wine fridge, a stylish formal dining room, a traditional sitting room, a handsome library/den with ebony lacquered paneling and curved glass shelves, and a design-forward family room with Porta Romana swing arm sconces. With clean lines and concealed state-of-the-art appliances, the chef's kitchen is a glowing testament to the artisan craftsmanship found throughout, and features custom fluted lacquer wood cabinets, a large marble-topped island, professional appliances from Wolf/Sub-Zero/Bosch including a wine fridge, a butler's pantry, and a second dining space that overlooks the lakefront. Past a long gallery hall that provides a layer of privacy and links to the first of two editorial-worthy secondary bedrooms, this home's private quarters span the entire western end of the residence, and include a third ensuite bedroom, a private home office, and an expansive primary suite. Boasting a corner position for double exposure, the primary enchants with large windows, a fireplace with a 19th century French carved marble mantle, a spacious custom-designed walk-in closet, and a luxurious ensuite bath with Samuel Heath fixtures, Agape lighted mirrors, dual custom vanities, and heated marble floors. Additional designer details and amenities include custom paint, wallcoverings and window treatments, additional designer light fixtures from the likes of Apparatus and Studio Van den Akker, custom closets, a presentation-worthy powder room, a finely appointed walk-in laundry room, Savant smart home automation, trimless recessed lighting, and Lutron lighting control. With unparalleled panoramas and every modern comfort imaginable, 159 E. Walton Pl., unit 23A, is a once-in-a-lifetime opportunity to own a spectacular piece of Chicago history.

Property Details

Property Features

Property Information:

  • Year Built: 1929
  • Stories: 37
  • Living Area: 5,400 SqFt

Listing Office:

  • Office Name: Jameson Sotheby's Intl Realty
  • Office Phone: (312) 751-0300
  • Listing Agent: Timothy Salm

Interior Features

Interior Information:

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, Wine Cooler, Cooktop, Oven, Range Hood, Gas Cooktop
  • Basement: No
  • Interior: Bar-Wet, Hardwood Floors, Heated Floors, First Floor Laundry, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s)
  • Fireplace: Gas Log

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Virtual/3D Tour

  • Virtual Tour: 159 E Walton Pl Unit 23A

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Utilities

Utilities Information:

  • Heating: Forced Air, Zoned
  • Cooling: Central Air, Zoned

School Info

Assigned Schools Information:

  • Wells Community Academy High School, Public District Grades 9-12
  • Ogden Elementary School, Public District Grades KG-8

Other

Directions Information:

  • Directions: SE CORNER OF MICHIGAN & WALTON

Price Information

Listing Price Info

Price Summary:

  • List Price: $6,495,000
  • Price Per SqFt: $1,203/SqFt

HOA Fees:

  • Amount: $7101
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Chicago, IL.

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Chicago, IL

City

Med. Sold Price

$349K

Med. Price/SqFt

$250

Avg. Days On Market

33

# of Sold Homes

2268

159 E Walton Pl Unit 23A vs Chicago

14 DAYS ON ROCKET

-19 Days

$6,495,000

+$6.1M More

$1,203/SqFt

+$953 More

KEY TAKEAWAY

This property is $6.1M more than the Median Sold Price and $953/SqFt more than other homes in Chicago, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #11977573

Listing Office:

  • Office Name: Jameson Sotheby's Intl Realty
  • Office Phone: (312) 751-0300
  • Listing Agent: Timothy Salm

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Property Sales & Tax

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$39.5K

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4140850
5
/10

  • Ogden Elementary School

  • 24 W Walton St

  • 0.29 miles

  • Public District Grades KG-8

High School

school-card-donut-4140851
1
/10

  • Wells Community Academy High School

  • 936 N Ashland Ave

  • 2.29 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $103,542. Typical income of Chicago, IL residents is $200k+ annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 159 E Walton Pl Unit 23A

What is the listing price of this property?

The listing price of 159 E Walton Pl Unit 23A property is $6,495,000.

What type of property is this?

The property 159 E Walton Pl Unit 23A is a condo located in Chicago, Illinois, 60611.

Is this property for sale now?

Active Listing: 159 E Walton Pl Unit 23A is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 159 E Walton Pl Unit 23A are:
Ogden Elementary School: GreatSchools Rating 5/10
Wells Community Academy High School: GreatSchools Rating 1/10

How many bedrooms and bathrooms does this property have?

The property at 159 E Walton Pl Unit 23A has 3 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 159 E Walton Pl Unit 23A is 5,400 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 159 E Walton Pl Unit 23A is 1929.
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Rocket Homes›Illinois›Cook County›Chicago›60611›159 E Walton Pl Unit 23A

This home is located at 159 E Walton Pl Unit 23A in Chicago, IL and zip code 60611 in the Near North Side neighborhood. This 5,400 square foot home was built in 1929. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 14, 2024 and is currently priced at $6,495,000.

In April 2024, from all listings sold in Chicago, IL there were more than 867 sold above asking price, over 1023 sold below and more than 378 were sold right at the asked price. The number of homes for sale in Chicago, IL increased by 18.4% between March 2024 and April 2024. While the average time on the market in April 2024 was 33 days, the median list price was $349,097.

From Rocket Homes Real Estate and based on county public records data.

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