$8,400,000
$8,900,000 · just reduced
Chicago, IL 60611
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.
Estimated monthly cost for this home
$70,235/mo
Estimate only, not a quote or offer of credit. Rate starts from today's market rate (6.58%, 2026-07-23). Taxes from the listing's MRED record. Talk to a lender for real numbers; a Subdiview agent can introduce you to a good one.
| Current price | $8,400,000▼ $500,000 from original |
| Listed Jan 8, 2026 | $8,900,000 |
| 2024 property taxes | $122,036/yr |
From the listing's MRED record. MRED does not publish per-change dates through IDX, so price changes are shown without one rather than guessed.
Assigned schools per the listing's MRED record. Always verify with the district before you buy.
High school
Wells Community Academy High School299
See programs, enrollment & homes near this school →
MRED Broker ReciprocityThis listing is part of the MRED data exchange program provided courtesy of Jameson Sotheby's Intl Realty, listed by Brian Loomis.
Information last updated Apr 27, 2026, 3:26 AM.
159 Walton Place
Chicago, IL 60611

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Call 224-385-8779Sourced from the MRED MLS feed. Last updated when the listing was modified.