While real estate in Chicago has much to offer by the way luxury condo buildings, one stands out among them: the landmark Palmolive Building at 159 East Walton.
The Palmolive Building was built in 1929 as a prestigious office building and highlighted as a premier example of art deco architecture. The building has undergone a transformation in the last decade to expand the base-level retail space and create luxury Chicago condos at a prime location.
The Palmolive Building offers chic, sophisticated condos with top concierge services such as a door person, exercise room, sauna, steam room and party room. If you’re planning an event, use the Palmolive’s space or have the concierge book you at the Drake Hotel across the street. Condos in the Palmolive Building are also a quick elevator ride or walk away from the finest shopping options in the city: Louis Vuitton, St. John, Gucci, Mont Blanc, Michael Kors, Bloomingdale’s, Max Mara and Chanel are all within a block of this prestigious piece of Chicago real estate.
Upscale buyers hunting for an exclusive, luxury condo now have an opportunity in the Palmolive Building, with 9 unique 2- or 3-bedroom properties currently listed:
Square footage: 1,867
List price: $1,150,000
This spacious two bedroom features custom-designed mahogany walls along with sprawling lake views, and combines the vintage style of the building with modern warmth and elegance.
Square footage: 3,014
List price: $2,250,000
With new interior construction, this 3-bedroom condominium offers exquisite finishes, large windows, 9 ½-foot ceilings, hardwood floors and two parking spaces included in the price.
Square footage: 2,832
List price: $2,295,000
Also with recently reconstructed interiors, this Chicago condo includes white oak floors throughout, high ceilings, fireplaces and leading appliances.
Square footage: 3,672
List price: $2,350,000
This 3-bedroom boasts generous space, wood floors and north, east and west views in this interior new construction condo.
Square footage: 2,832
List price: $2,375,000
This Palmolive 2-bedroom-plus-study combines the historic building’s old-world charm with everyday technology. It offers exquisite finishes and neutral backgrounds so any buyer can make the space their own.
Square footage: 2,832
List price: $2,595,000
A designer residence, this 3-bedroom Chicago “smart home” features a gourmet kitchen, lake and city views from every living space and lavish décor and finishes.
Square footage: 3,300
List price: $2,695,000
This one-of-a-kind condo in the Palmolive includes two bedrooms plus a study and is one of only six building units that feature 14-foot ceilings. This stunning unit also includes custom millwork, hardwood floors and a unique and generous master closet.
Square footage: 3,157
List price: $4,995,000
World-renowned designer Alessandra Branca designed this unique luxury two bedroom, perfect for a buyer looking for timeless décor and upscale quality down to the tiniest details.
Square footage: 5,400
List price: $6,250,000
This full-floor Chicago home is highlighted by three generously sized bedrooms, a private elevator entrance and a state of the art kitchen. Unit 25A provides large, open living spaces with a walnut-paneled corner library with a fireplace and wet bar, plus a state-of-the-art kitchen, marble baths and top technology.
If you’re interested in a coveted property in the Palmolive building, please give me a call to find out how long these properties have been on the market and to obtain a complete listing sheet. If you find a property that interests you, I can guide you through the legwork of getting into a sought-after unit in this prestigious building.
With more than 20 years of experience of assisting buyers of real estate in Chicago, I’ll make sure the negotiation process includes information based on cost per square foot, that I’ve done the due diligence on the property’s listing price history, and that we’ve looked at details like finishes and color palettes that could affect the future resale value of your home.
It’s important to make sure you have substantial information about a property, from ceiling heights to floor plan widths, so we can discuss the nuances of horizontal and vertical floor plans. It’s also a good idea to review the meeting minutes from the last six months to a year, plus the building’s 5-year plan so you have a big-picture perspective of buying in the building before we write up a contract.
If you’d like to discuss any of these properties further, contact agent Sheldon Salnick at (312) 498-5080 or [email protected].