ClosedPrice Reduced

$185,000

$210,000
5540 Walnut Avenue, Downers Grove, IL 60515
2 Beds2 Baths0 sqft136 days
5540 Walnut Avenue·Downers Grove, IL 60515
2Bedrooms
2Bathrooms
0Sq Ft
1967Year Built
About This Home

Cameo offers the best in 55+ active adult living in Downers Grove. This modified "Duchess" model has two bedrooms, one and a half baths and additional utility closets. The unit is located on the picturesque back side of the building where the views are serene and private. Convenient access to the walking bridge leads directly to the secure garage space. The full bathroom was updated just a couple years ago with a custom shower featuring a low threshold entry. This bathroom was also just professionally painted. Wide plank luxury vinyl flooring was professionally installed and gives a fresh and updated look throughout the kitchen and hallway areas. Both bedrooms were just professionally painted. A new hot water tank was installed on 10/09/25. This floorplan is uniquely larger than the typical Countess model at Cameo. This 55+ community for active adults has many amenities which include multiple gathering spaces, exercise room, library, well maintained laundry facilities and plenty of guest parking. Low property taxes are a plus, for both the condo and the deeded garage space. Very reasonable monthly HOA fees include exterior maintenance, lawn care, snow removal, common insurance, water and sewer and use of the building amenities. This friendly, well maintained and self managed condo community is the best carefree senior option to call home in Downers Grove!

MLS# 12467940Listed September 9, 2025ResidentialSubdivision: Cameo West
Property Details

Beds & Baths

Total Bedrooms2
Total Bathrooms2
Full Baths1
Half Baths1
Total Rooms5

Size & Structure

Living Area0 sqft
Stories3
Garage Spaces1
Year Built1967
Lot SizeCONDO

Location

CountyDuPage
TownshipLisle
SubdivisionCameo West
Zip Code60515

Financial

List Price$185,000
Original Price$210,000
Annual Taxes (2024)$2,329
Monthly Tax Est.$194
Parcel #0811412047
Interior Features

Appliances

RangeRefrigeratorElectric Oven

Heating

Electric

Cooling

Central Air

Basement

None

Laundry

Common Area
Exterior & Lot

Construction

Brick

Exterior Features

Balcony
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake MichiganPublic

Parking

Garage Door OpenerYesGarage OwnedDetachedUnassignedGuestParking LotOtherGarage
HOA & Community
HOA Fee
$266
Monthly

HOA Includes

WaterParkingInsuranceExterior MaintenanceLawn CareScavengerSnow Removal

Association Amenities

Coin LaundryElevator(s)Exercise RoomStorageOn Site Manager/EngineerCeiling Fan
Tax & Financial
Annual Taxes
$2,329
Tax Year 2024
Monthly Tax Est.
$194
per month
Price Reduced by $25,000
Original list price: $210,000
Property Location

5540 Walnut Avenue, Downers Grove, IL 60515 — DuPage County

$185,000
5540 Walnut Avenue
2 bd2 ba0 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
136 days on market
1-car garage
CONDO
$2,329/yr taxes
$266 HOA (monthly)
Price reduced $25,000
$1,432
estimated monthly payment
Principal & Interest
$972/mo
Property Tax
$194/mo
HOA
$266/mo
$185,000
20% — $37,000
3%50%
6.875%
3%12%
Loan Amount
$148,000
Down Payment
$37,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Coldwell Banker Realty
Agent: Jill Petranek
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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