Active Under ContractPrice Reduced

$4,900,000

$5,200,000
159 Walton Place, Chicago, IL 60611
3 Beds3 Baths0 sqft112 days
159 Walton Place·Chicago, IL 60611
3Bedrooms
3Bathrooms
0Sq Ft
1929Year Built
About This Home

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.

MLS# 12654631Listed June 10, 2026Residential
Property Details

Beds & Baths

Total Bedrooms3
Total Bathrooms3
Full Baths2
Half Baths1
Total Rooms7

Size & Structure

Living Area0 sqft
Stories1
Garage Spaces3
Fireplaces2
Year Built1929
Lot SizePER SURVEY

Location

CountyCook
TownshipNorth Chicago
Zip Code60611

Financial

List Price$4,900,000
Original Price$5,200,000
Annual Taxes (2024)$65,153
Monthly Tax Est.$5,429
Parcel #17032130201009
Interior Features

Heating

Forced AirZoned

Cooling

Central Air

Basement

None

Laundry

In Unit
Exterior & Lot

Construction

Marble/GraniteLimestone
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake MichiganPublic

Parking

YesGarage OwnedAttachedGarage
HOA & Community
HOA Fee
$7,555
Monthly

HOA Includes

HeatAir ConditioningWaterGasParkingInsuranceDoormanTV/CableExercise FacilitiesExterior MaintenanceScavengerSnow RemovalInternet

Association Amenities

Door PersonElevator in ResidenceExercise RoomOn Site Manager/EngineerParty Room
Schools
Elementary
Ogden Elementary
District: 299
Tax & Financial
Annual Taxes
$65,153
Tax Year 2024
Monthly Tax Est.
$5,429
per month
Price Reduced by $300,000
Original list price: $5,200,000
Property Location

159 Walton Place, Chicago, IL 60611 — Cook County

$4,900,000
159 Walton Place
3 bd3 ba0 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
112 days on market
3-car garage
2 fireplaces
PER SURVEY
$65,153/yr taxes
$7,555 HOA (monthly)
Price reduced $300,000
$38,736
estimated monthly payment
Principal & Interest
$25,752/mo
Property Tax
$5,429/mo
HOA
$7,555/mo
$4,900,000
20% — $980,000
3%50%
6.875%
3%12%
Loan Amount
$3,920,000
Down Payment
$980,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
@properties Christie's International Real Estate
Agent: Carolyn Landis
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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