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$171,000

  • Sold
  • Closed
  • Condo
  • 2 Beds
  • 1 Full Bath
  • 1 Partial Bath
  • 1,060 Sq. Ft.
  • 1 Car Garage
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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!

Full Property Details for 5540 Walnut Ave #11B

General

  • Sold For: $171,000
  • HOA FEE: $266/month
  • Taxes: $2,329 (2024)
  • Status: Closed
  • Type: Condo
  • Source: MRED
  • MLS ID: 12467940
  • Added to Site: 216 day(s) ago

Interior

  • Interior Features: Elevator, Storage, Flexicore, Walk-In Closet(s)
  • Appliances: Range, Refrigerator, Electric Oven

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathroom Features: No Tub

Bedrooms

  • Total Bedrooms: 2

Additional Information

  • Shared Amenities: Coin Laundry, Elevator(s), Exercise Room, Storage, On-Site Manager/Engineer, Ceiling Fan
  • Equipment: Ceiling Fan(s), Water Heater-Electric
  • Other Features: Adult Community

Exterior

  • Exterior Features: Balcony

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Total Spaces: 2
  • Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Unassigned, Guest, Parking Lot, Other, Garage

Location

  • Area: Downers Grove
  • County: DuPage
  • Subdivision: Cameo West
  • Driving Directions: Maple Avenue at Walnut Avenue, go north on Walnut to the 5540 building

School Information

  • School District: 202
  • Midd School District: 202

Community

  • Assoc. Fees Include: Water, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Mgmt. Company: Cameo Self Managed Board

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Electric

Utilities

  • Water: Lake Michigan, Public

Structural Information

  • Structure Type: Condo
  • Construction: Brick
  • Exterior Const.: Brick
  • Basement Desc.: None
  • Doors: Sliding Glass Door(s)
  • Entry Floor Number: 2
  • Stories/Levels: 3
  • Square Feet: 1,060
  • Sq. Ft. Source: Other
  • Year Built: 1967
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 119

Manufactured Home

  • Model: Modified Duchess

Lot Features

  • Lot Dimensions: CONDO

Financial Considerations

  • Association Fee: $266
  • Assoc Fee Freq.: Monthly
  • Other Assoc Fees: $300
  • Parking Included: Yes
  • Assessment Year: 1967
  • Tax Amount: $2,329
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Condo
  • Property ID: 811412047

Meet the listing agents

Meet the listing agents
— 5540 Walnut Ave #11B —

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Price & Sales History for 5540 Walnut Ave #11B

Date
Details
Price
Change
Source
3/05/2026
Sold
$171,000
-7.57%
MLS
12/17/2025
Price Reduced
$185,000
-5.61%
MLS
11/07/2025
Price Reduced
$196,000
-6.67%
MLS
10/14/2025
Listed
$210,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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5540 Walnut Avenue #11B, Downers Grove, IL 60515 (MLS# 12467940) is a Condo property that was sold at $171,000 on March 05, 2026. This property was listed by Jill Petranek from our Naperville Office.Want to learn more about 5540 Walnut Avenue #11B? Do you have questions about finding other Condo real estate for sale in Downers Grove? You can browse all Downers Grove real estate or contact a Coldwell Banker agent to request more information.