159
159 E. WALTON ST. #9B
Welcome
TO YOUR PALMOLIVE HOME
North facing 1 bedroom/1.5 bath unit in the historic Art Deco landmark Palmolive Building just adjacent to the Magnificent Mile. Unparalleled craftsmanship coupled with exceptional architectural details combine to create a truly magnificent unit. This 1,278 sq. ft. unit has exquisite millwork, recessed lighting, 9.7� ceilings, a gas fireplace, an open kitchen with full height backsplash and island with honed granite, Poliform cabinetry, and Wolf, Subzero and Miele appliances. Storage is plentiful throughout the unit including an organized walk-in master. 4� white oak floors throughout, limestone baths with Dornbracht fixtures. Amenities include the Beacon Club Party room, catering kitchen, concierge, a new exercise room, steam room, & whirlpool. All of this with the amazing 24-hour fullservice staff. Valet parking available for purchase - $55K. This unit can be purchased furnished. This unit can be rented there is a cap of 15 units and at present only 8 units are rented.
Attached Single Status: NEW Area: 8008
MLS #: 10711625 List Date: 05/11/2020 List Dt Rec: 05/11/2020
Address: 159 E Walton Pl Unit 9B, Chicago, IL 60611 Directions: SE CORNER OF WALTON PL & MICHIGAN AVE Sold by: Closed: Contract: Off Mkt: Financing: Year Built: 1929 Blt Before 78: Yes Dimensions: COMMON Ownership: Condo Subdivision: Palmolive Building Landmark Corp Limits: Chicago Township: North Chicago Coordinates: N:919 E:159 Rooms: 3 Bathrooms 1/1 (Full/Half): Bedrooms: 1 Master Bath: Full Basement: None Bsmnt. Bath: No Waterfront: No Appx SF: 1278 Total Units: 102 Bldg. Assess. SF: # Stories: 37 Unit Floor Lvl.: 9 % Own. Occ.: % Cmn. Own.: Utility Costs: Mobility Score: 83 - Excellent Mobility!
List Price: $799,900 Orig List Price: $799,900 Sold Price: SP Incl. Parking: No Mkt. Time (Lst./Tot.): 1/1 Concessions: Contingency: Curr. Leased: No Model: County: Cook # Fireplaces: 0 Parking: Garage # Spaces: Gar:1 Parking Incl. In Price: No SF Source: Builder # Days for Bd Apprvl: 0 Fees/Approvals: Move-in Fee
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North facing 1 bedroom/1.5 bath unit in the historic Art Deco landmark Palmolive Building just adjacent to the Magnificent Mile. Unparalleled craftsmanship coupled Remarks: with exceptional architectural details combine to create a truly magnificent unit. This 1,278 sq. ft. unit has exquisite millwork, recessed lighting, 9.7" ceilings, a gas fireplace, an open kitchen with full height backsplash and island with honed granite, Poliform cabinetry, and Wolf, Subzero and Miele appliances. Storage is plentiful throughout the unit including an organized walk-in master. 4" white oak floors throughout, limestone baths with Dornbracht fixtures. Amenities include the Beacon Club Party room, catering kitchen, concierge, a new exercise room, steam room, & whirlpool. All of this with the amazing 24-hour full-service staff. Valet parking available for purchase - $55K. This unit can be purchased furnished. This unit can be rented - there is a cap of 15 units and at present only 8 units are rented. School Data Assessments Tax Pet Information Elementary: Ogden (299) Amount: $1,311 Amount: $16,110.44 Pets Allowed: Cats OK, Dogs OK, Pet Junior High: Ogden (299) Count Limitation Frequency: Monthly PIN: 17032130201066 / High School: Wells Community Academy Senior (299) Mult PINs: No Max Pet Weight: 999 Special Assessments: No Tax Year: 2018 Special Service Area: No Tax Exmps: None Master Association: No Coop Tax Deduction: Tax Deduction Year: Square Footage Comments: Room Name Size Living Room 27X14 Dining Room Kitchen 12X11 Family Room Laundry Room
Level Main Level Not Applicable Main Level Not Applicable
Flooring Hardwood Hardwood
Win Trmt
Room Name Size Master Bedroom 15X15 2nd Bedroom 3rd Bedroom 4th Bedroom Foyer 8X5
Level Main Level Not Applicable Not Applicable Not Applicable Main Level
Flooring Hardwood
Win Trmt
Hardwood
Interior Property Features: Exterior Property Features: Age: 91-100 Years, Rehab in 2006 Type: Condo, High Rise (7+ Stories) Exposure: N (North) Exterior: Marble/Granite, Limestone Air Cond: Central Air Heating: Forced Air, Indv Controls Kitchen: Appliances: Oven/Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Range Hood Dining: Bath Amn: Separate Shower, Double Sink Fireplace Details: Fireplace Location: Electricity: Circuit Breakers Equipment: Additional Rooms: Foyer Other Structures:
Laundry Features: Garage Ownership: Fee/Leased ($55,000) Garage On Site: Yes Garage Type: Attached Garage Details: Transmitter(s), Heated Parking Ownership: Parking On Site: Parking Details: Parking Fee (High/Low): / Driveway: Basement Details: None Foundation: Exst Bas/Fnd: Roof: Disability Access: No Disability Details: Lot Desc:
Sewer: Sewer-Public Water: Lake Michigan Const Opts: General Info: None Amenities: Door Person, Elevator, Exercise Room, Storage, Health Club, On Site Manager/Engineer, Party Room, Receiving Room, Sauna, Security Door Locks, Service Elevator, Steam Room, Whirlpool, Business Center, Curbs/Gutters, Sidewalks, Street Lights, Street Paved Asmt Incl: Heat, Air Conditioning, Water, Gas, Common Insurance, Security, Doorman, Exercise Facilities, Exterior Maintenance, Scavenger, Snow Removal HERS Index Score: Green Disc: Green Rating Source: Green Feats: Sale Terms: Conventional Possession: Closing Est Occp Date: Management: Manager On-site, Monday through Friday Rural: No Vacant: No Relist: Zero Lot Line:
The parking spaces are a limited common element "right to park." It is a valet garage - there are no assigned spaces. These are NOT deeded spaces so Broker Private Remarks: there are no transfer taxes or PIN # assigned for real estate tax purposes. Each right to park entitles the owner to park one vehicle. There is a monthly assessment attributable to each garage right to park. The current amount for this fiscal year is $305.56 per month. The sale is considered an assignment against the deed to Unit 9B and is recorded as such. Assessment Breakdown: $1,005.72 for unit, $305.56 for parking space= $1,311.38 Total. Breed restrictions - no Pit Bulls or Rottweilers. $1.28M in reserve, no big projects planned. Up to 15 units can be rented, currently there are 8 rentals. Internet Listing: Yes Remarks on Internet?: Yes Addr on Internet?: Yes VOW AVM: No VOW Comments/Reviews: No Lock Box: None Listing Type: Exclusive Right to Sell Holds Earnest Money: Yes Special Comp Info: Variable Coop Comp: 2.5% - $395 (on Net SP) Additional Sales Information: List Broker Must Accompany Broker Notices: Showing Inst: Email Anne - arodia@bhhschicago.com Cont. to Show?: Expiration Date: 05/11/2021 Showing must be accompanied - 24 Hour Notice Required. this unit is owner occupied. ALL people must wear masks. Listing agent will meet at unit - no meeting and greeting in the lobby. Clients & their agent will be fobbed up to the floor by the doorman. No touring of the common spaces Mgmnt. Co: DRAPER & KRAMER Contact Name: LYNN STEVENS Phone: (312) 255-0159 Owner: OWNER OF RECORD Ph #: Broker Owned/Interest: No Broker: Berkshire Hathaway HomeServices Chicago (10317) / (312) 944-8900 List Broker: Anne Rodia, GRI (130278) / (312) 893-3592 / arodia@bhhschicago.com CoList Broker:
More Agent Contact Info: 773-720-1616 CELL Owner Can Rent: Yes
Copyright 2020 MRED LLC - The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware that they may be recorded during a showing. MLS #: 10711625
Prepared By: Anne Rodia, GRI | Berkshire Hathaway HomeServices Chicago | Cell: (773) 720-1616 | Email: arodia@bhhschicago.com | 05/11/2020 04:40 PM
159 E. Walton Pl. #9B
Plans, materials and specifications are based on availability and subject to change without notice. Architectural, structural, mechanical, electrical and other assemblies may be revised, as deemed necessary by the developer, architect, or as may be required by law. Floor plans are approximate and are for marketing purposes only. All information provided herein deemed reliable.
ABOUT THE PALMOLIVE The Palmolive Building, formerly the Playboy Building, is a 37-story Art Deco building at the corner of Michigan Avenue and Walton Place in Chicago. Built by Holabird & Root, it was completed in 1929 and was home to the Colgate-Palmolive-Peet corporation. The building was designated a Chicago Landmark in 2000, and it was added to the federal National Register of Historic Places in 2003. In 2001, the building was sold to developer Draper and Kramer who, with Booth Hansen Architects, converted it to residential use with the first two floors dedicated to upscale office and retail space. High-end condos make up the rest of the building. The new owners restored the building’s name to the Palmolive Building. The business address remains 919 North Michigan Avenue; however, the residential address is 159 East Walton Street.
ANNE RODIA 773.720.1616 | arodia@BHHSChicago.com | annerodia.com