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Full-Floor Condo In Chicago's Palmolive Building Sold For $5.15M With Jill Silverstein As The Broker

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SOLD
$5,150,000

Illinois

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Condo
Sold 02/25/2025
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SOLD

Full-Floor Condo In Chicago's Palmolive Building Sold For $5.15M With Jill Silverstein As The Broker

159 East Walton Place

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Condo
Sold 02/25/2025
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Summary

ILLINOIS
Asset Type:Condo
Transaction Type:Sale

A full-floor condo located on the 23rd floor of Chicago’s Palmolive Building sold for $5.15 million. This transaction highlights a notable change in the asset's value, as the previous sales were recorded at $5.8 million in 2006 and $6.25 million in 2018. It stands out as one of the year's highest-priced residential sales within the Chicago luxury market.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $5,150,000
  • Address: 159 East Walton Place
  • Market: Chicago
  • Broker: Jill Silverstein - Compass

This transaction reflects the involvement of Jill Silverstein from Compass, representing the interests of the seller in this significant residential sale. The deal further serves to illustrate the strengthening luxury market, particularly in downtown Chicago, where condos have been leading the city's high-value transactions.

Players

Jill Silverstein
4 deals$12.6M volume
BROKER

Details

SOLD
IMAGE: Jill Silverstein DATE: 02/25/2025 ADDRESS: 159 East Walton Place MARKET: Chicago ASSET TYPE: Condo BROKER: Jill Silverstein (@JilSil) - Compass SALE PRICE: $5,150,000 NOTE: A full-floor condo on the 23rd floor of Chicago’s Palmolive Building sold for $5.15M, marking a financial loss for the seller despite previous sales at $5.8M in 2006 and $6.25M in 2018. The deal is one of the year’s highest-priced residential sales and reflects a strengthening luxury market, with downtown condos dominating the city's top transactions.

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