There’s something different about the Palmolive. While modern glass towers try to impress with height and flash, the Palmolive stands quietly as one of Chicago’s most distinguished and architecturally significant buildings. Located at 159 E Walton in Streeterville, this Art Deco masterpiece is a reminder of an era when craftsmanship and elegance defined luxury living.
Originally built in 1929 as the headquarters of the Colgate-Palmolive-Peet Company, the building later became home to the famed Playboy Club, adding to its legendary status. Today, the Palmolive has been meticulously restored and transformed into one of Streeterville’s most sought-after residential addresses. For those searching for condos for sale in the Palmolive, this building offers a rare combination of history, privacy, and high-end living.
The Palmolive isn’t just another luxury condo building—it’s a statement. With only 102 residences, it offers an intimate, private living experience that’s increasingly rare in downtown Chicago. Homes range from one- to four-bedroom layouts, with square footage starting around 1,350 square feet and penthouses exceeding 5,000 square feet. Prices typically begin around $1 million and can reach over $7 million for the most exclusive residences.
Each home inside the Palmolive has been designed to preserve the building’s classic charm while incorporating modern conveniences. Interiors feature:
Large windows that frame stunning views of the lake and city skyline
High ceilings and intricate moldings that reflect the building’s Art Deco heritage
Chef’s kitchens with custom cabinetry, natural stone countertops, and premium appliances from Wolf and Sub-Zero
Primary suites with spa-inspired bathrooms featuring heated marble floors, deep soaking tubs, and walk-in showers
Thoughtfully designed layouts that prioritize space, privacy, and elegance
For those seeking a home that feels both historic and modern, the Palmolive delivers a level of refinement that few buildings in Chicago can match.
Life at the Palmolive is as much about the experience as it is about the residences. The building offers a level of service that rivals Chicago’s top luxury hotels, ensuring that every detail of daily life is taken care of seamlessly.
A private health club and spa for residents, perfect for unwinding without leaving home
24-hour door staff and concierge service, providing personalized attention and security
Heated, valet parking in a private garage, a rare luxury in Streeterville
The Beacon Club, an exclusive residents’ lounge offering a refined setting for relaxation and entertaining
For those who appreciate discretion and service, the Palmolive provides a level of hospitality that is unmatched in the city.
Living at 159 E Walton means being steps from some of Chicago’s finest dining, shopping, and cultural attractions. Walk to dinner at Le Colonial or Maple & Ash, shop at the designer boutiques on Oak Street, or take a morning stroll along the lakefront—all just minutes from your front door.
The Palmolive is more than just a residence; it’s a piece of Chicago’s history, reimagined for modern luxury living. For buyers looking for condos for sale in the Palmolive, this building offers a one-of-a-kind opportunity to own a home in one of the city’s most storied and prestigious addresses.
About
The Palmolive Building at 159 E Walton in Chicago’s Streeterville neighborhood is an architectural icon, offering luxury condos for sale with a blend of historic charm and modern elegance. Built in 1929 as the Colgate-Palmolive headquarters and famously home to Playboy Enterprises, this Art Deco gem is a symbol of sophistication along the Magnificent Mile. Converted into exclusive condominiums in 2006, The Palmolive remains a sought-after address in Chicago’s luxury real estate market.
Palmolive condos range from one-bedroom residences to an expansive 8,000-square-foot duplex penthouse on the 37th floor. Many units feature private terraces, while full-floor homes on levels 22 through 35 provide panoramic views of Lake Michigan and the city skyline, starting as low as the 14th floor.
Residents enjoy premier amenities, including 24-hour door staff, concierge services, and a full maintenance team. The Beacon Club offers a private library, lounge, wine storage, and entertainment spaces, while a state-of-the-art health club caters to wellness needs. The building is pet-friendly with no weight restrictions, and deeded parking is available in the on-site garage.
Located near Oak Street Beach, the Museum of Contemporary Art, and luxury boutiques like Hermès and Prada, The Palmolive offers an exceptional lifestyle. Dining options near The Palmolive include Fig & Olive, Somerset, Le Colonial, and Rosebud Steakhouse, all within a short walk, providing residents with a variety of fine dining experiences. For those looking to buy or sell condos in The Palmolive, I offer expert market analysis, exclusive listings, and personalized service backed by experience and local expertise.
The Palmolive
Mike’s dedication towards his work is no surprise considering he holds a city record for fastest leased building.