Description
Own the pinnacle of Chicago elegance in this 7880 sq ft duplex penthouse, formerly home to Vince Vaughn and the original headquarters of Hugh Hefner’s Playboy enterprise. The Palmolive Building is a true Art Deco icon- its historic beacon once lit the skies to guide pilots to Midway Airport and today it shines as one of the most distinguished addresses in the city. This two-story residence is the ultimate blend of heritage and sophistication. the upper level features soaring 14-foot ceilings, timeless wood paneling in the original executive office, now reimagined as a show stopping primary suite with a lavish bathroom, an office, game. room and extensive storage. Downstairs you’ll find a massive chef’s kitchen, perfect for entertaining, along with formal living and dining rooms and a guest suite with its own bath. A custom temperature-controlled wine room ,part of a meticulous multi-million dollar renovation ,elevates this already extraordinary home. Enjoy three private terraces , a private elevator, two garage spaces , and the impeccable attention of a building staff renowned for best -in-class service. Qualified buyers only please.
- Listing Courtesy of: Jameson Sotheby's Intl Realty
Details
Updated on July 7, 2025 at 2:45 pm- Property ID: MRD11954424
- Price: $8,900,000
- Property Size: 7880 Sq Ft
- Bedrooms: 4
- Bathrooms: 4
- Year Built: 1929
- Property Type: Condo
- Property Status: Active
- HOA Fees: 14119
- Parking Total: 2
- Parcel Number: 17032130201001
- Water Source: Lake Michigan
- Sewer: Public Sewer
- Days On Market: 545
- Basement Bath(s): No
- MRD GAR: Heated
- Fire Places Total: 1
- Cumulative Days On Market: 545
- Tax Annual Amount: 10798.88
- Cooling: Central Air
- Asoc. Provides: Heat,Air Conditioning,Water,Gas,Parking,Insurance,Security,Doorman,TV/Cable,Exercise Facilities,Exterior Maintenance,Lawn Care,Scavenger,Snow Removal
- Appliances: Double Oven,Microwave,Dishwasher,Refrigerator,High End Refrigerator,Bar Fridge,Freezer,Washer,Dryer,Disposal,Wine Refrigerator
- Parking Features: Heated Garage,On Site,Garage Owned,Attached,Garage
- Room Type: Media Room,Breakfast Room,Office,Sitting Room,Walk In Closet
- Directions: SE CORNER OF MICHIGAN AND WALTON
- Exterior: Marble/Granite,Limestone
- Association Fee Frequency: Not Required
- Living Area Source: Builder
- High School: Wells Community Academy Senior H
- Township: North Chicago
- Bathrooms Half: 1
- ConstructionMaterials: Marble/Granite,Limestone
- Interior Features: Wet Bar,Theatre Room
- Asoc. Billed: Not Required
- Parking Type: Garage
Address
Open on Google Maps- Address 159 E Walton
- City Chicago
- State/county IL
- Zip/Postal Code 60611
- Country Cook
Overview
- Condo
- 4
- 4
- 7880
- 1929
Mortgage Calculator
- Down Payment $1,780,000.00
- Loan Amount $7,120,000.00
- Monthly Mortgage Payment $47,369.54
- Property Tax $10,828.33
- Home Insurance $0.00
- Monthly HOA Fees $14,119.00