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The Palmolive Condos

The Palmolive Condos

The Palmolive Condos
Condominium Building Complex
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

159 E Walton Plz,
Chicago, IL 60611
102 Units
32 Stories
1928 Year Built
$484K - $7.8M Value Range

Available Units

For Sale
For Rent

Highlights

  • Concierge
  • Steam Room
  • Fitness Center
  • Community Pool
  • Party Room
  • 1 min walk to Lakefront Park

Art Deco elegance in the heart of Chicago's Streeterville

The Palmolive Condos, an iconic Art Deco masterpiece, stands tall in Chicago's prestigious Streeterville neighborhood. Completed in 1929 by the renowned architectural firm Holabird & Root, this 32-story landmark building has been meticulously transformed into 102 luxury residences. Originally serving as the headquarters for the Colgate-Palmolive-Peet Company and later Playboy Enterprises, the Palmolive Building now offers an unparalleled living experience that seamlessly blends historic charm with modern sophistication.

Spacious layouts with breathtaking views and refined finishes

The Palmolive Condos offer a range of floor plans to suit various lifestyles, from intimate one-bedroom units to expansive four-bedroom residences. One-bedroom layouts span from 1,146 to 2,361 square feet, featuring one to two bathrooms and commanding prices between $558,152 and $729,900. These units often boast herringbone hardwood flooring, 10-foot ceilings, and large windows that frame city views. Two-bedroom residences range from 1,529 to 3,157 square feet, with two to three and a half bathrooms, and are priced from $700,000 to $1,660,927. Many of these homes feature elegant details such as custom millwork, marble fireplaces, and gourmet kitchens equipped with high-end appliances from Wolf, Sub-Zero, and Miele. For those seeking more space, three-bedroom units offer between 2,832 and 7,880 square feet, with two and a half to four and a half bathrooms. These residences, priced from $1,435,000 to $6,250,000, often include luxurious master suites with spa-like bathrooms, custom walk-in closets, and panoramic views of Lake Michigan and the Chicago skyline. The most opulent offerings are the four-bedroom residences, spanning 4,700 to 7,880 square feet with three and a half to four full and two half bathrooms. Priced from $3,500,000 to $8,900,000, these homes represent the pinnacle of luxury, often featuring private elevator access, multiple fireplaces, and expansive entertaining spaces. Throughout the building, residents enjoy high-end finishes such as custom cabinetry, quartz countertops, and state-of-the-art appliances. Many units have been thoughtfully renovated to preserve original architectural details while incorporating modern amenities like smart home technology and motorized window treatments. Monthly HOA fees range from $1,400 to $12,000, covering a comprehensive list of services including heat, air conditioning, water, gas, parking, insurance, security, doorman, TV/cable, clubhouse access, exercise facilities, exterior maintenance, scavenger services, snow removal, and internet.

First-class amenities and white-glove services

The Palmolive Condos offer an array of luxurious amenities designed to enhance residents' lifestyles. The crown jewel is the Beacon Club, an exclusive space for residents to relax, work, or entertain guests. The building's fitness center features state-of-the-art equipment, complemented by separate men's and women's locker rooms with steam rooms and a rejuvenating jacuzzi. For those who enjoy entertaining, a large party room with a catering kitchen provides the perfect setting for gatherings. Residents can also take advantage of the building's spa facilities, which include a sauna and whirlpool, offering a tranquil retreat from the bustling city. The Palmolive's commitment to service is evident in its 24-hour door staff, on-site manager, and dedicated concierge team. Valet parking in the attached garage ensures convenience for residents and their guests. Additional amenities include bike storage, a roof garden, and generous storage facilities. Pet owners will appreciate the building's pet-friendly policy, which allows up to two pets with no weight limit, making it an ideal home for animal lovers. Business services are comprehensive, with an on-site engineer available to address any maintenance needs promptly. The building also offers private elevator access for select residences, adding an extra layer of exclusivity and privacy.

Vibrant Streeterville: Where luxury meets culture

The Palmolive Condos are situated in the heart of Streeterville, one of Chicago's most coveted neighborhoods. This vibrant area offers a perfect blend of urban sophistication and lakefront charm, with an array of cultural attractions, high-end shopping, and world-class dining at residents' doorsteps. Just steps away, the Magnificent Mile beckons with its renowned shopping destinations. The 900 North Michigan Shops, a seven-level luxury shopping center, is less than a five-minute walk from the Palmolive, offering an curated selection of designer boutiques and upscale retailers. Water Tower Place, another premier shopping destination, is also within easy walking distance, providing additional retail therapy options. Culture enthusiasts will appreciate the proximity to the Museum of Contemporary Art (MCA), a leading institution for cutting-edge art and exhibitions. The museum's innovative programs and rotating collections make it a frequent destination for residents and visitors alike. For those seeking outdoor recreation, Oak Street Beach is a short stroll away, offering a sandy oasis along Lake Michigan's shores. The Lakefront Trail, accessible from nearby access points, provides miles of scenic paths for jogging, cycling, or leisurely walks with stunning views of the lake and city skyline. Dining options in the area are equally impressive. The Capital Grille, an upscale steakhouse known for its classic American fare and refined ambiance, is just a 10-minute walk from the Palmolive. For those craving international flavors, Asador Bastian offers a taste of Spain within a 20-minute walk, serving up delectable tapas and paellas in a stylish setting. Seneca Park, a charming one-acre green space, is located just a quarter-mile from the Palmolive, providing a tranquil spot for picnics or a quick escape into nature. The park features a fenced play area for children, making it a favorite among families in the neighborhood. Education options in the area include Ogden Elementary School, a public school serving pre-kindergarten through elementary grades, located within a five-minute walk of the Palmolive. The school offers academic programs and extracurricular activities for local families.

Effortless connectivity in a walker's paradise

The Palmolive Condos' prime location in Streeterville offers residents exceptional accessibility to various transportation options, catering to different preferences and needs. The neighborhood's high walkability means that many daily errands and activities can be accomplished on foot, with numerous amenities, shops, and restaurants within easy walking distance. For those venturing further afield, the Chicago Transit Authority (CTA) provides convenient public transportation options. The Chicago Avenue Station on the Red Line is approximately a 10-minute walk from the Palmolive, offering quick access to downtown Chicago and other parts of the city. Additionally, the Chicago Avenue Station serving the Brown and Purple Lines is about a 15-minute walk or a short drive away, expanding transit options for residents. While the building's location reduces the need for frequent car use, the Palmolive's valet parking service ensures that vehicle owners have a seamless experience when they do need to drive. Major thoroughfares are easily accessible, facilitating smooth travel to other parts of the city and beyond. For air travel, both of Chicago's major airports are within reach. Chicago Midway International Airport is about a 20-minute drive, while Chicago O'Hare International Airport can be reached in approximately 25 minutes by car, depending on traffic conditions. The neighborhood's bike-friendly infrastructure, including dedicated bike lanes and the nearby Lakefront Trail, makes cycling a viable option for both recreation and commuting. This combination of walkability, public transit access, and cycling infrastructure provides residents with a range of transportation choices to suit their lifestyle and preferences.

Available Units

Building Details

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa
  • Bike Trail

Outdoor Features

  • Sundeck
  • Common Area

Amenities

  • Concierge
  • Doorman
  • Steam Room
  • Sauna
  • Party Room
  • Package Room
  • Bike Room
  • Community Storage Space
  • Resident Manager or Management On Site
  • Controlled Access

Parking

  • 1 - 6 Garage Spaces Per Unit
  • 2 Car Garage
  • On-Site Parking
  • Valet Parking

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Condo Association

  • $7,304 Monthly HOA Fees
  • Monthly HOA Fees Range from $1,502 - $14,119
  • Association fees include parking
  • Lynn Stephens Association, Phone Number (312) 255-0159
  • Palmolive Building Landmark Subdivision
  • Property managed by Sudler
  • On-Site Maintenance

Building Design

  • Fire Sprinkler System
  • High-Rise Condominium
  • Elevator

Unit Features

  • Ceiling height of 10 feet or more
  • Laundry Room
  • Washer and Dryer Hookup

Unit Information By Building

Unit
7F
15A
18A
34A
PH
Beds
1 Bed
3 Beds
3 Beds
3 Beds
4 Beds
Baths
1 Bath
3.5 Baths
3.5 Baths
3.5 Baths
4.5 Baths
Sq Ft
1,146
2,832
4,984
4,702
7,880
Price
$575,000
$2,250,000
$4,500,000
$2,500,000
$8,900,000
Price / Sq Ft
$502 / Sq Ft
$794 / Sq Ft
$903 / Sq Ft
$532 / Sq Ft
$1,129 / Sq Ft
List Date
02/10/2025
09/16/2024
03/06/2025
04/23/2025
01/09/2024

Unit Size and Value Ranges

Studio Units
Sq Ft Range
None Available
Est. Values
$2,896,826
1 Bedroom Units
Sq Ft Range
1,146 - 2,144
Est. Values
$483,573 - $1,081,872
2 Bedroom Units
Sq Ft Range
1,529 - 3,157
Est. Values
$747,516 - $2,233,438
3 Bedroom Units
Sq Ft Range
2,832 - 7,880
Est. Values
$1,308,294 - $5,814,130
4 Bedroom Units
Sq Ft Range
4,700 - 7,880
Est. Values
$2,945,398 - $7,759,555
All Units
Sq Ft Range
1,146 - 7,880
Est. Values
$483,573 - $7,759,555

Map

Area Factors

Moderate Crime

Crime Score®

6 / 10

Very Bikeable

Bike Score®

80 / 100

Walker's Paradise

Walk Score®

99 / 100

Rider's Paradise

Transit Score®

90 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Busy

Sound Score®

65 / 100

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Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

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Property Taxes

Range in Assessed Values
$43K - $607K
Range of Taxes in Building
$10,000 - $141,305
Range of Taxes per Sq Ft
$9.51 - $17.93

Property Tax History

Source: Public Records

Building Team

Property Management
Sudler Property Management
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.