5540 Walnut Ave Unit 13AA Downers Grove, IL 60515
Belmont Neighborhood
2
Beds
1
Bath
800
Sq Ft
$322/mo
HOA Fee
Highlights
- Fitness Center
- Lock-and-Leave Community
- Elevator
- Lisle Elementary School Rated A-
- Party Room
- Building Patio
About This Home
As of April 2025WELCOME TO CAMEO! This sunny and bright main floor condo unit at Downers Grove's best 55+ community has two bedrooms, one bath and includes a private one car garage! Tile floors in the entryway, kitchen and bathroom + carpet in the living room and bedrooms. The living room has it's own private patio located right next to the main lobby entry. There are many amenities in the building, such as an exercise room, library, conference room, work shop space, and several community gathering spots. Garage is detached and accessible via a bridge attached to the condo and the garage parking lot. This community is only for owners 55 and older. There are no pets allowed, and no rentals allowed. Gas grills ARE allowed at 5540 on patios and balconies. Please note: This property has a HIGHER MONTHLY ASSESSMENT THRU March, and then it will decrease (from 322.00 to 206.00, for 2025). Details can be supplied by agent. This is one of the most economical places to live for seniors in DuPage County, friendly carefree living at it's best!
Last Agent to Sell the Property
Coldwell Banker Realty License #475158835 Listed on: 01/26/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,716
Year Built
- Built in 1967
HOA Fees
- $322 Monthly HOA Fees
Parking
- 1 Car Garage
- Driveway
- Parking Included in Price
- Unassigned Parking
Home Design
- Brick Exterior Construction
- Rubber Roof
- Concrete Perimeter Foundation
Interior Spaces
- 800 Sq Ft Home
- 4-Story Property
- Family Room
- Combination Dining and Living Room
- Laundry Room
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 1 Full Bathroom
Utilities
- Central Air
- Heating Available
Additional Features
- Patio
- Additional Parcels
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include water, parking, insurance, security, exercise facilities, lawn care, scavenger, snow removal
- 119 Units
- Carlee Jones Association, Phone Number (815) 258-2964
- Baron
- Lock-and-Leave Community
Amenities
- Building Patio
- Party Room
- Workshop Area
- Coin Laundry
- Elevator
- Package Room
- Community Storage Space
Recreation
- Fitness Center
Pet Policy
- No Pets Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 26, 2025
Closed on
Mar 25, 2025
Sold by
Anderson Carol A
Bought by
Wetta Brian
Seller's Agent
Jill Petranek
Coldwell Banker Realty
Buyer's Agent
Jacqueline Dix
Compass
List Price
$199,000
Sold Price
$185,000
Premium/Discount to List
-$14,000
-7.04%
Total Days on Market
32
Views
124
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.28%
Purchase Details
Closed on
Feb 21, 2014
Sold by
Hanus Margaret and Hanus Marge
Bought by
Anderson Carol A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,950
Interest Rate
5.12%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 15, 2003
Sold by
Marsh Harriette
Bought by
Hanus Margaret
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,600
Interest Rate
7.5%
Mortgage Type
Unknown
Similar Homes in Downers Grove, IL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Executors Deed | $185,000 | Greater Illinois Title | |
| Warranty Deed | $64,000 | Midwest Title Services Llc | |
| Individual Deed | $87,000 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $55,000 | New Conventional | |
| Previous Owner | $57,950 | New Conventional | |
| Previous Owner | $77,500 | Unknown | |
| Previous Owner | $77,600 | Unknown | |
| Previous Owner | $77,600 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/02/2025 04/02/25 | Sold | $185,000 | -2.6% | $231 / Sq Ft |
| 03/05/2025 03/05/25 | Pending | -- | -- | -- |
| 02/27/2025 02/27/25 | Price Changed | $190,000 | -4.5% | $238 / Sq Ft |
| 01/31/2025 01/31/25 | For Sale | $199,000 | -- | $249 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $1,416 | $38,840 | $5,420 | $33,420 |
| 2022 | $1,117 | $29,690 | $4,140 | $25,550 |
| 2021 | $926 | $28,560 | $3,980 | $24,580 |
| 2020 | $1,438 | $28,050 | $3,910 | $24,140 |
| 2019 | $1,398 | $26,840 | $3,740 | $23,100 |
| 2018 | $1,014 | $21,250 | $2,960 | $18,290 |
| 2017 | $910 | $19,310 | $2,690 | $16,620 |
| 2016 | $870 | $18,610 | $2,590 | $16,020 |
| 2015 | $840 | $17,530 | $2,440 | $15,090 |
| 2014 | $849 | $17,530 | $2,440 | $15,090 |
| 2013 | $932 | $18,900 | $2,630 | $16,270 |
Source: Public Records
Agents Affiliated with this Home
-
Jill Petranek
Seller's Agent in 2025
Jill Petranek
Coldwell Banker Realty
(630) 240-9184
13 in this area
129 Total Sales
-
Robert Petranek
Seller Co-Listing Agent in 2025
Robert Petranek
Coldwell Banker Realty
(630) 913-7861
13 in this area
108 Total Sales
-
Jacqueline Dix
Buyer's Agent in 2025
Jacqueline Dix
Compass
(630) 346-6396
1 in this area
161 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12277805
APN: 08-11-412-108
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