Condo For Sale In Chicago, Illinois

condo for sale

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Listed: 03/17/24

159 E Walton Pl Apt 31a, Chicago, Illinois, 60611

3 Bed:

3.5 Bath:

5,500 Sq Ft Living Area:

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Price

$ 7,5M

Price: Increased

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About This Condo

Full floor Art Deco masterpiece featured in Elle Decor Magazine pays homage to the 1929 built Palmolive Building with no details overlooked. This full floor renovation by Liederbach and Graham Architects, designed by Steven Gambrel includes private elevator foyer, (3) bedrooms, sitting room plus library with adjacent office. Caretti Terrazzo floor in main foyer. French Oak-Parquet de Versailles flooring throughout main living areas. Salon features opal glass fireplace mantel. Stunning millwork including shelving and glass cabinets for artwork and books throughout. The kitchen showcases an Officine Gullo Range complimented by Sub-Zero and Miele appliances with expansive eat in dining table and bench overlooking Lake Michigan and Oak Street Beach. Primary bathroom on point with Calacatta and Belgium black marbles. Home … Full description

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Condos for sale in Chicago

Original listing

Magnificent Mile Housing & Living

Average sale prices for condos

1 bed

2 bed

3 bed

Show as List Show as Graph

Month	Median Price
Jun 2024	$2,166,063 (-29.3%)
May 2024	$3,063,396 (+43.1%)
Apr 2024	$2,140,651 (+0.7%)
Mar 2024	$2,126,597 (+3.4%)
Feb 2024	$2,055,787 (0%)
Jan 2024	$2,055,787 (0%)

In June 2024, the asking price for 3 bed condos for sale in/near Magnificent Mile, Chicago, United States averaged $2,166,063, a decrease of 29.3% from the previous month.

Median price trends for properties for sale in Magnificent Mile, Chicago, United States as of June 2024.

Household Income

Median household income: $57,238

Number of households: 1,1M

The average household income in Chicago, IL grew from $55,295 to $57,238 in the past year. This data is an estimate based upon 1,1M households in Chicago, IL.
The chart below presents how household income is distributed in Chicago, IL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Chicago, IL compared to median property taxes around the country. The prevalent amount of property taxes in Chicago, IL equals $3k+ , which is more than the national average.