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159 E Walton Pl Unit Ph
Condo
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$8,400,000

$1066/sqft

159 E Walton Pl Unit Ph, Chicago

Premium
4 bd·5 ba·7,880 sqft
Built 1929Streeterville

159 E Walton Pl Unit Ph, Chicago, IL

4 bd · 5 ba · 7,880 sqft Condo listed at $8,400,000, built in 1929 in the Streeterville neighborhood.

About this home

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.

Property details

Price
$8,400,000
Bedrooms
4
Bathrooms
5
Interior
7,880 sqft
Price / sqft
$1066
Year built
1929
Type
Condo
Days on market
108
Est. property tax
$174,720/yr · $14,560/mo · 2.08% IL avg
HOA
$14,786/mo
Last sold
$8,000,000 · Sep 2016

Estimated monthly payment

Down payment20% ($1,680,000)
Interest rate6.75%
Principal & Interest$43,586
Property Tax$7,700
Insurance$150
Total$51,436/mo

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Price history

▼ 5.6%Most recent change on 2026-03-03: $8,900,000 → $8,400,000.

$13.09M$5.95M$-1189K$8M on Sep 16 (Sold)$7K on Sep 17 (Price change)$7K on Oct 17 (Price change)$7K on Nov 17 (Price change)$1K on Feb 18 (Price change)$1K on Mar 18 (Price change)$1K on Mar 18 (Price change)$1K on Apr 18 (Price change)$3K on Aug 18 (Price change)$3K on Aug 18 (Price change)$3K on Sep 18 (Price change)$3K on Sep 18 (Price change)$1K on Jan 21 (Price change)$1K on Feb 21 (Price change)$1K on Feb 21 (Price change)$1K on Apr 21 (Price change)$2K on May 21 (Price change)$1K on May 21 (Price change)$11.90M on Jun 21 (Initial list)$1K on Jun 21 (Price change)$1K on Jun 21 (Price change)$1K on Jul 21 (Price change)$1K on Jul 21 (Price change)$1K on Aug 21 (Price change)$1K on Sep 21 (Price change)$1K on Oct 21 (Price change)$12K on Feb 22 (Price change)$10.90M on Jun 22 (Price change)$10.90M on Dec 22 (Price change)$10.50M on Mar 23 (Initial list)$10M on Apr 23 (Price change)$9.50M on Nov 23 (Price change)$9.50M on Dec 23 (Price change)$9.50M on Jan 24 (Initial list)$8.90M on Aug 24 (Price change)$8.90M on Dec 24 (Relisted)$8.90M on Jan 26 (Initial list)$8.40M on Mar 26 (Price change)
$8M · Sep 16$8.40M · Mar 26
  1. Mar 3, 2026$8,400,000Price change
  2. Jan 8, 2026$8,900,000Initial list price
  3. Dec 6, 2024$8,900,000Relisted
  4. Aug 28, 2024$8,900,000Price change
  5. Jan 9, 2024$9,500,000Initial list price
  6. Dec 27, 2023$9,500,000Price change
  7. Nov 17, 2023$9,500,000Price change
  8. Apr 8, 2023$10,000,000Price change
  9. Mar 7, 2023$10,500,000Initial list price
  10. Dec 5, 2022$10,900,000Price change
  11. Jun 28, 2022$10,900,000Price change
  12. Feb 8, 2022$12,000Price change
  13. Oct 4, 2021$1,000Price change
  14. Sep 16, 2021$1,000Price change
  15. Aug 25, 2021$1,000Price change
  16. Jul 28, 2021$1,000Price change
  17. Jul 2, 2021$1,000Price change
  18. Jun 25, 2021$1,000Price change
  19. Jun 17, 2021$1,000Price change
  20. Jun 14, 2021$11,900,000Initial list price
  21. May 24, 2021$1,000Price change
  22. May 3, 2021$1,500Price change
  23. Apr 11, 2021$980Price change
  24. Feb 21, 2021$970Price change
  25. Feb 14, 2021$970Price change
  26. Jan 24, 2021$950Price change
  27. Sep 22, 2018$3,200Price change
  28. Sep 14, 2018$3,200Price change
  29. Aug 29, 2018$3,200Price change
  30. Aug 26, 2018$3,200Price change
  31. Apr 23, 2018$700Price change
  32. Mar 23, 2018$700Price change
  33. Mar 12, 2018$700Price change
  34. Feb 21, 2018$700Price change
  35. Nov 17, 2017$7,150Price change
  36. Oct 14, 2017$7,150Price change
  37. Sep 20, 2017$7,200Price change
  38. Sep 23, 2016$8,000,000Sold

Location

This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.

About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)

Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.

Location

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Home Intelligence

Neighborhood (zip 60611)

This neighborhood is highly educated (41% hold a bachelor's degree). Median age is 38.3; 43% of homes are owner-occupied; median household income is $126,812.

Median income
$126,812
Median age
38.3
Owner-occupied
43.4%
Bachelor's degree
41.0%
Census median home value
$655,500

Source: US Census Bureau American Community Survey 5-year estimates.

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