5540 Walnut Ave Unit 11B Downers Grove, IL 60515
Belmont NeighborhoodEstimated payment $1,500/month
Highlights
- Fitness Center
- Balcony
- Living Room
- Lisle Elementary School Rated A-
- Walk-In Closet
- Resident Manager or Management On Site
About This Home
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!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,329
Year Built
- Built in 1967
HOA Fees
Parking
- 1 Car Garage
- Parking Lot
- Parking Included in Price
- Unassigned Parking
Home Design
- Entry on the 2nd floor
- Brick Exterior Construction
- Flexicore
Interior Spaces
- 900 Sq Ft Home
- 3-Story Property
- Ceiling Fan
- Sliding Doors
- Family Room
- Living Room
- Combination Kitchen and Dining Room
- Storage
- Laundry Room
- Carpet
Kitchen
- Electric Oven
- Range
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Walk-In Closet
- No Tub in Bathroom
Utilities
- Central Air
- Heating Available
- Lake Michigan Water
- Electric Water Heater
Additional Features
- Balcony
- Additional Parcels
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
- 119 Units
- Mary Ellen Association
- Cameo West Subdivision, Countess Floorplan
- Property managed by Cameo Self Managed Board
Amenities
- Coin Laundry
- Community Storage Space
- Elevator
Recreation
- Fitness Center
Pet Policy
- No Pets Allowed
Security
- Resident Manager or Management On Site
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,034 | $47,323 | $6,903 | $40,420 |
| 2023 | $518 | $43,190 | $6,300 | $36,890 |
| 2022 | $845 | $33,020 | $4,820 | $28,200 |
| 2021 | $845 | $31,770 | $4,640 | $27,130 |
| 2020 | $823 | $31,200 | $4,560 | $26,640 |
| 2019 | $847 | $29,850 | $4,360 | $25,490 |
| 2018 | $840 | $23,630 | $3,450 | $20,180 |
| 2017 | $717 | $21,480 | $3,130 | $18,350 |
| 2016 | $670 | $20,710 | $3,020 | $17,690 |
| 2015 | $619 | $19,500 | $2,840 | $16,660 |
| 2014 | $626 | $19,500 | $2,840 | $16,660 |
| 2013 | $724 | $21,020 | $3,060 | $17,960 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/07/2025 11/07/25 | Price Changed | $196,000 | -6.7% | $218 / Sq Ft |
| 10/15/2025 10/15/25 | For Sale | $210,000 | -- | $233 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $133,000 | Midwest Title Services Llc | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $123,000 | Purchase Money Mortgage |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12467940
APN: 08-11-412-047
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