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$179,900 -$5,000 (-2.7%) Price Reduced

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 1 Full Bath
  • 900 Sq. Ft.
  • 1 Car Garage
  • Updated 4 hours ago
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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 for 5540 Walnut Ave #7B

General

  • Price: $179,900
  • HOA FEE: $254/month
  • Taxes: $2,328 (2024)
  • Status: Active
  • Type: Condo
  • Source: MRED
  • MLS ID: 12531949
  • Updated: 3/7/2026
  • Added to Site: 81 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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— 5540 Walnut Ave #7B —

  • john greene, Realtor

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NMLS#: 1598647

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Price & Sales History for 5540 Walnut Ave #7B Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/07/2026
Price Reduced
$179,900
-2.7%
MLS
2/03/2026
Price Reduced
$184,900
-2.63%
MLS
12/17/2025
Listed
$189,900
—
MLS
Get Price Alerts and Save Property
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 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
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by john greene, Realtor

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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 $179,900 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.

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