5540 Walnut Ave, Unit 11B

Downers Grove, IL 60515

$196,000
Price
2
Beds
900 Sq. Ft.
$218 / Sq. Ft.
900
Sq. Ft.
$218
per Sq. Ft.
a view of a building with a street
a view of a dining room with furniture and wooden floor
a utility room with dryer and washer
a bed sitting in a bedroom next to a window
a living room with furniture
a living room with furniture ceiling fan and a window
a bed room with a bed and a chair
a bathroom with a sink a toilet and shower
a bathroom with a sink a toilet and a mirror
a view of a dining room with furniture
a bathroom with a toilet
a view of hallway with furniture
a living room with furniture a wooden floor and kitchen view
a living room with a couch and a table
a living room with furniture a book shelf and a bookshelf
a view of a room with gym equipment
a view of a workspace with furniture and a window in a room
a work room with furniture
a living room with chairs and a table
a living room with fireplace furniture and a large window
a living room with furniture and a fireplace
a view of a room with gym equipment
a living room with furniture and a window
a living room with furniture and a table
a outdoor space with furniture
a view of balcony with yard
a view of an outdoor space and yard

Description

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...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!
  1. Listed by Jill Petranek • Coldwell Banker Realty
    P: (630)-240-9184 C: (630)-240-9184 jmpetranek@gmail.com
  2. Listed by Robert Petranek • Coldwell Banker Realty
    P: (630)-913-7861 C: (630)-913-7861 rspetranek@gmail.com;robert.petranek@cbexchange.com

Property Details for 5540 Walnut Avenue, Unit 11B

Area
Downers Grove
Subdivision
Cameo West
Township
Lisle
Ownership
Condo
Num Of Garage Spaces
1.0
Num Of Parking Spaces
2.0
Parking Included in Price
Yes
Air Conditioning Type
Central Air
LISTING UPDATED: 11/13/2025 12:07 AM

Property Details for 5540 Walnut Avenue, Unit 11B

StatusActive
MLS #12467940
Days on Market90
Taxes$2,329 / year
HOA Fees$249 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeAttached Single / Condo
Year Built1967
CountyDuPage County

Location

Listing Courtesy of Coldwell Banker Realty
Add your commute

Building Information for 5540 Walnut Avenue, Unit 11B

Building/Complex5540 Walnut AveFloor-Stories4Residences120Pet PolicyNot AllowedPet Policy DetailsPets AllowedYear Built1967

Payment Calculator

$1,412 per month

30 year fixed, 6.28% Interest

Principal and Interest

$969

Property Taxes

$194

HOA Dues

$249

The Payment Calculator is for illustrative purposes only.

Property Information for 5540 Walnut Avenue, Unit 11B

General Information
School Information
  • Elementary School District: 202
  • High School District: 202
  • Middle Or Junior School District: 202
Addtl Parking Information
  • Parking Details: Garage Door Opener, Yes, Garage Owned, Detached, Unassigned, Guest, Parking Lot, Other, Garage
Location and General Information
  • Front Exposure: West
Taxes and HOA Information
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Water, Parking, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Master Association Fee($): 300
  • Master Association Fee: Yes
  • Master Association Fee Frequency: Yearly
  • Additional Parcels: Yes
Property Information
Interior Features
  • Interior Property Features: Elevator, Storage, Flexicore, Walk-In Closet(s)
  • Common Area Amenities: Coin Laundry, Elevator, Exercise Room, Storage, On Site Manager/Engineer, Ceiling Fan
  • Num Of Rooms: 5
  • Bedrooms Total: 2
  • Bedrooms (Below Grade): 0
  • Bath Amenities: No Tub
  • Basement Type: None
  • Bedrooms Possible: 2
  • Air Conditioning: Central Air
  • Dining Room: Kitchen/Dining Combo
  • Basement Bathrooms: No
  • Room Type: Walk In Closet
  • Num of Baths: 1.1
Exterior Features
  • Type: Condo
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan, Public
  • Appliances: Range, Refrigerator, Electric Oven
  • Other Equipment: Ceiling Fan(s), Water Heater-Electric
Property/Lot Information
  • Exterior Property Features: Balcony
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 51-60 Years
  • Type Attached: Condo
  • Total Sq Ft: 0
  • Aprox Total Finished Sq Ft: 0
  • Total Finished and Unfin Sq Ft: 0
  • Lot Dimensions: CONDO
  • Stories Total: 3
  • Total # Units in Building: 119.0
  • Waterfront: No
  • Disability Access and/or Equipped: No
  • Construction: Brick
  • General Information: Adult Community
  • Living Area Source: Other
  • Assessor Square Footage: 900
  • Management: Self-Management
  • Management Company: Cameo Self Managed Board
Property and Assessments
  • Public Document Count: 4
  • Document Date: 2025-10-15T17:54:27
  • Photos Count: 29
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Room Information
Master Bedroom Information
  • Master Bedroom Level: Main
  • Room Type: Master Bedroom
  • Master Bedroom Dimensions: 11X16
Bedroom #2 Information
  • 2nd Bedroom Level: Main
  • Room Type: Bedroom 2
  • Bedroom #2 Room Dimensions: 13X11
Bedroom #3 Information
  • 3rd Bedroom Level: N/A
  • Room Type: Bedroom 3
Bedroom #4 Information
  • 4th Bedroom Level: N/A
  • Room Type: Bedroom 4
Dining Room Information
  • Dining Room Level: Main
  • RoomType_DR: Dining Room
  • Dining Room Dimensions: 15X8
Family Room Information
  • Family Room Level: N/A
  • RoomType_FR: Family Room
Kitchen Information
  • Kitchen Level: Main
  • RoomType_KT: Kitchen
  • Kitchen Dimensions: 9X8
Laundry Information
  • Laundry Level: N/A
  • Room Type: Laundry
Living Room Information
  • Living Room Level: Main
  • Room Type: Living Room
  • Living Room Dimensions: 16X15
Walk In Closet 1 Information
  • Room Level: Main
  • Room Type: Walk In Closet
  • Dimensions: 4X6

Property History for 5540 Walnut Avenue, Unit 11B

DateEvent & SourcePriceAppreciation
Nov 7, 2025

Price Change

MRED #12467940

$196,000—
Oct 15, 2025

Listed (Active)

MRED #12467940

$210,000—
DateEvent & SourcePrice
11/07/2025

Price Change

MRED #12467940

$196,000
10/15/2025

Listed (Active)

MRED #12467940

$210,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5540 Walnut Avenue, Unit 11B

Taxable ValueLand$6,903Additions$40,420Total$47,323
Tax Record2024$2,034 ($169 / month)
Home Facts
Beds2Baths1.5Total Finished SqFt900 SqFtAbove Grade Finished SqFt900 SqFtLot Size267,458 SqFtStyleSingle Family ResidenceYear Built1967ZoningRCountyDUPAGEAPN08-11-412-047

Schools near 5540 Walnut Avenue, Unit 11B

This home is within Lisle Community Unit School District 202.
Rating
School
Type
Grades
Distance
Lisle Elementary School
Public - PK to 5
Lisle Jr High School
Public - 6 to 8
Lisle High School
Public - 9 to 12
The Bridge High School
Private - 10 to 12
Rating
School
Distance
Lisle Elementary School
PublicPK to 5

Lisle Jr High School
Public6 to 8

Lisle High School
Public9 to 12

The Bridge High School
Private10 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 5540 Walnut Avenue, Unit 11B, Downers Grove, IL 60515

5540 Walnut Avenue, Unit 11B is a condo for sale in Downers Grove, IL 60515. This property was listed for sale on October 15, 2025 by Coldwell Banker Realty, it's currently listed at $196,000. This listing's school district is Lisle Community Unit School District 202. Nearby schools include Lisle Elementary School, Lisle Jr High School and Lisle High School. 5540 Walnut Avenue, Unit 11B is a 2-bed, 2-bath, 900 sqft condo built in 1967.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 11/13/2025 12:07 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.