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$189,900
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Property Description
Welcome to Cameo Terrace West - a sought-after 55+ community, in a premium location close to expressway, shopping, and the Downers Grove Park District. Unit 7B is a spacious and refreshed (newly painted and carpeted) 2-bedroom, 1-bathroom condo that features a rare private garage and a new (2024) HVAC. Other key features of this light-filled, second-story condo include ample cabinetry and new stainless appliances in the kitchen, generous closet space in both bedrooms, a dining area off the kitchen, large in-unit storage room, and a private, expansive balcony accessible from both the living room and primary bedroom. Building amenities include a library, fitness room, conference room, workshop space, on-site laundry room, assigned exterior storage space, and assigned detached garage. Move-in ready!
Full Property Details
Full Property Details for 5540 Walnut Ave #7B
General
- Price: $189,900
- HOA FEE: $254/month
- Taxes: $2,328 (2024)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12531949
- Updated: 12/23/2025
- Added to Site: 31 day(s) ago
Interior
- Basement: None
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Additional Information
- Other Features: Interstate Access, Adult Community
Parking
- Garage: Yes
- Garage Spaces: 1
- Total Spaces: 3
- Parking Features: Yes, Detached, Garage
Location
- Area: Downers Grove
- County: DuPage
- Township: Lisle
- Driving Directions: Take Maple Ave to Walnut Ave to the building.
School Information
- School District: 202
- Elem School District: 202
- Midd School District: 202
- High School District: 202
Community
- Assoc. Fees Include: Water, Parking, Insurance, Security, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
- Mgmt. Company: Self Managed
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Condo
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Entry Floor Number: 3
- Stories/Levels: 4
- Square Feet: 900
- Sq. Ft. Source: Assessor
- Year Built: 1967
- Built Before 1978: Yes
Unit Information
- Units in Building: 120
Lot Features
- Lot Dimensions: Common
Financial Considerations
- Association Fee: $254
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Assessment Year: 1967
- Tax Amount: $2,328.92
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Property ID: 811412043
Listed by john greene, Realtor
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Price & Sales History for 5540 Walnut Ave #7B
Date
Details
Price
Change
Source
12/17/2025
Listed
$189,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5540 Walnut Ave #7B
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,034
38%
$47,323
43%
2022
$1,473
6%
$33,020
4%
2021
$1,390
6%
$31,770
2%
2020
$1,317
4%
$31,200
5%
2019
$1,264
50%
$29,850
26%
2018
$840
17%
$23,630
10%
2017
$717
7%
$21,480
4%
2016
$670
8%
$20,710
6%
2015
$619
-1%
$19,500
—
2014
$626
-14%
$19,500
-7%
2013
$724
-33%
$21,020
-20%
2012
$1,086
—
$26,280
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5540 Walnut Ave #7B
5540 Walnut Avenue #7B, Downers Grove, IL 60515 (MLS# 12531949) is a Condo property with 2 bedrooms and 1 full bathroom. 5540 Walnut Avenue #7B is currently listed for $189,900 and was received on December 17, 2025. Want to learn more about 5540 Walnut Avenue #7B? 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.

