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Price cut: $500,000
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Attached Single · Chicago, IL
$8,400,000$8,900,000
4 beds · 4.5 baths · 7,880 sqft
159 E Walton Place #PH, Chicago, IL, 60611
A brick-and-mortar place to make your own — room to make it home.
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What’s special

Central air2-car garageIn-unit laundry
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.
— the listing agent’s description

The home

4 beds
4.5 baths
7,880 sqft
Built in 1929
Lot COMMON
2-car garage
Attached Single

What it’ll cost

$1,066 / sqft
$122,036 taxes / yr
$14,786/mo HOA
Listed $8,900,000
Now $8,400,000
109 days on dwello

Estimated monthly payment

$72,069/mo
Principal & interest$44,663
Property taxes$10,170
Homeowners insurance$2,450
HOA dues$14,786
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WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
11:00 am
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109 days on dwello
Price history
Price reduced
Mar 9, 2026
↓ $500,000$8,400,000
Listed for sale
Jan 8, 2026
$8,900,000
Now $500,000 below the original list price.
Property taxes
2025
Annual tax bill (MLS)
$122,036/yr
From county records — verify with the assessor.

Features

Central AirForced AirSep Heating Systems - 2+Marble/GraniteLimestonePublic SewerHeated GarageYes

Schools

High — Wells Community Academy Senior H
Assigned schools per the listing — always verify enrollment + boundaries with the district.
Neighborhood
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Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing dataMRED
Listed by Brian Loomis · Jameson Sotheby's Intl Realty
Listing last updated Apr 27, 2026 · data refreshed from the MLS Jun 17, 2026, 6:13 PM CT
Based on information submitted to the MLS GRID as of Jun 17, 2026, 6:13 PM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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