$4,900,000
- 3
- beds
- 2 full · 1 half
- baths
- 5,400
- sqft
- 1929
- year built
- 3
- beds
- 2 full · 1 half
- baths
- 5,400
- sqft
- 1929
- year built
- Status:
- Pending
- MLS #:
- 12654631
- County:
- Cook
- Listed By:
- Carolyn Landis - @properties Christie's International Real Estate
- Office Phone:
- (630) 530-0900
- Agent Email:
- clandis@atproperties.com;clandis@atproperties.com
Sponsoring Broker: Diane Glass, Berkshire Hathaway HomeServices Chicago
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.
-
- Bedrooms
- 3
-
- Bathrooms
- 2 full · 1 half
-
- Year Built
- 1929
-
- Stories
- 1.0
-
- Garage Spaces
- 3.0
-
- Parking Features
- Attached, Garage
-
- Living Area
- 5400.0
-
- Interior Features
- Pantry, Entrance Foyer
-
- Cooling
- Central Air
-
- Heating
- Forced Air, Zoned
-
- Basement
- None
-
- View
- Water
-
- Water
- Public
-
- Area
- CHI - Near North Side
-
- County
- Cook
-
- City
- Chicago
-
- Zip Code
- 60611
-
- Elementary School
- Ogden Elementary
-
Nearby Schools
-
75out of 100
Public School for 159 E Walton Pl #28 A, Chicago, IL 60611
Grades: Elementary
Distance: 0.3 mi
-
74out of 100
-
52out of 100
-
72out of 100
-
79out of 100
-
56out of 100
-
56out of 100
-
53out of 100
-
73out of 100
-
72out of 100
Disclaimer: ez Home Search School Ratings are on a scale of 1-100 and represent our evaluation of school quality based on academic performance, school resources, community feedback, and demographic factors. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.
-
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Price History
| 08/03/2026 | Price Changed | $4,900,000 |
| Source: Midwest Real Estate Data (MRED) #12654631 | ||
| 05/26/2026 | Listed | $5,200,000 |
| Source: Midwest Real Estate Data (MRED) #12654631 | ||
Source: MLS Data
Deed History
| 07/17/2025 | Quit Claim Deed (non-arm's length) | $0 |
| 11/17/2006 | Special Warranty Deed | $5,337,000 |
Source: Public records via Constellation Data Labs
Mortgage History
| 03/14/2022 | Coventional | $2,250,000 |
Source: Public records via Constellation Data Labs
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There are currently 9219 properties available in Chicago, with 1675 under contract to close soon. Properties in the city have an average sale price of $533,393 and typically spend 109 days on the market before being sold.
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Source: ez Home Search, MLS Data
Frequently Asked Questions
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How do I get more information about 159 E Walton Pl #28 A?
Click Ask a Question to talk with our team. You already know it is a 3 bed, 2 bath, listed for $4,900,000. We can talk through recent upgrades, potential seller motivation, how this condominium compares to others in Chicago, and can even get you in to see the property quickly.
How much is the monthly mortgage payment for 159 E Walton Pl #28 A?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 159 E Walton Pl #28 A at around $33,314. This includes estimated property taxes and insurance.
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Can I negotiate the asking price for 159 E Walton Pl #28 A?
In most cases, yes. Whether 159 E Walton Pl #28 A is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Chicago's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
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What is the price per square foot for this home?
This home is listed at $4,900,000 with 5,400 sqft of space—that comes out to approximately $907 per square foot.
How long has this property been on the market?
159 E Walton Pl #28 A was listed on May 26, 2026, which means it's been on the market for 173 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
When was this house built?
This home was built in 1929, making it approximately 97 years old.
What schools are assigned to this property?
Based on MLS info, this home is zoned for:
- Elementary: Ogden Elementary
Want to see how these schools compare? Check out our Cook County School Guide to see ratings, reviews, and more for the schools in the area.
What are the property taxes for 159 E Walton Pl #28 A?
The most recent public record shows annual property taxes for 159 E Walton Pl #28 A were approximately $65,153. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.
Is there an HOA fee for this property, and what does it cover?
This home has an HOA fee of $7,555 paid monthly.
This covers access to community features including: Fitness Center, Party Room.
Is 159 E Walton Pl #28 A still available for sale?
This home is pending sale, which means the seller has accepted an offer. You can favorite it to track status or ask our expert to help you find similar homes in this area. We'll also let you know if this property comes back on the market.
Source: ez Home Search, MLS Data
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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Midwest Real Estate Data (MRED). All rights reserved.
Last Updated: November 15, 2026 at 01:37AM | Source: Midwest Real Estate Data (MRED) | MLS#: 12654631
