5540 Walnut Avenue # 11B Downers Grove, IL $ 185,000
5540 Walnut Avenue # 11B
$ 185,000
Adult Community Foreclosure
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5540 Walnut Avenue # 11B

Downers Grove, IL, 60515
$ 185,000
Bedrooms2 Baths1.1 Sq 1,060

Monthly Estimate*

$ 1,139

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Condo for sale in Downers Grove, IL

for $185,000 with 2 bedrooms and 1 full bath, 1 half bath. This 1,060 square foot condo was built in 1967.

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!

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Condo Active

Price

$ 185,000

Bedrooms

2

Full Bath

1

Half Bath

1

Property Type

Condo

Taxes

$ 2,329

Style

Condo

Year Built

1967

Town/City

Downers Grove

County/Region

DuPage

MLS | Web ID

12467940

Features
General
Living Area 1060
Sewer Public Sewer
Heating Electric
Cooling Central Air
Possession Closing
Appliances Range Refrigerator Electric Oven
HOA Fee 249
Garage Spaces 1
Association Fee Includes Water Parking Insurance Exterior Maintenance Lawn Care Scavenger Snow Removal
Construction Materials Brick
Year Built 1967
Township Lisle
Unit Number 11B
Tax Year 2024
Ownership Condo
Additional Parcels Description 0811415113
Assoc Fee Paid Per Monthly
County DuPage
New Construction N
Property Type Residential Attached Single
Association Amenities Coin Laundry Elevator(s) Exercise Room Storage On Site Manager/Engineer Ceiling Fan
Subdivision Name Cameo West
Total Rooms 5
Full Baths 1
Status Active
Directions Maple Avenue at Walnut Avenue go north on Walnut to the 5540 building
City Downers Grove
High School District 202
MLS Area Downers Grove
Tax Annual Amount 2329
Additional Parcels Y/N Y
Standard Status Active
Middle/Junior School District 202
Elementary School District 202
Sub Type Condo
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Interior
Interior Amenities Elevator Storage Flexicore Walk-In Closet(s)
Basement None
Total Stories 3
Half Baths 1
Laundry Features Common Area
Total Bedrooms 2
Room Type Walk In Closet
Total Baths 2
Bedrooms Possible 2
Bathroom No Tub
Total Number of Units 119
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Exterior
Model Countess
Exterior Amenities Balcony
Parking Features Garage Door Opener Yes Garage Owned Detached Unassigned Guest Parking Lot Other Garage
Water Source Lake Michigan Public
Total Parking 2
Lot Dimensions CONDO
Waterfront Y/N N
Other Equipment Ceiling Fan(s) Water Heater-Electric
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* Excluded Features
List By
Coldwell Banker Realty

Broker

jmpetranek@gmail.com

Email

Affordability Calculator

$1,333
Per Month
85%
15%
0%
Monthly Principal & Interest
$1,139
Monthly Property Taxes
$194
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
566454 Elementary School
566688 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/18/2025$185,000 -5.61% Price Down
11/7/2025$196,000 -6.67% Price Down
10/15/2025$210,000 Listed Price

Map


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5540 Walnut Avenue # 11B, Downers Grove, IL, 60515 is a Condo for sale at $185,000 with 1,060 sqft. 5540 Walnut Avenue # 11B has 2 bedrooms, 1.1 baths, and was built in 1967. The property's zip code is 60515 which is in Downers Grove, IL