$225,000

5540 Walnut Ave Unit 23C Downers Grove, IL 60515

Belmont Neighborhood

Estimated payment $1,788/month

Total Views 7,773
2 Beds
1.5 Baths
1,060 Sq Ft
$212 Price per Sq Ft

Highlights

  • Living Room
  • Laundry Room
  • Accessibility Features
  • Lisle Elementary School Rated A-
  • No Interior Steps
  • Forced Air Heating and Cooling System

About This Home

Move right into this rarely available top-floor end unit in the sought-after Cameo West 55+ community! This immaculate 2-bedroom, 1.5-bath condo is filled with natural light and offers serene views from the oversized balcony overlooking beautifully landscaped grounds. Designed for comfort and functionality, it features generous room sizes, custom built-in shelving in the second bedroom, and plenty of space for larger furniture pieces. This unit can be purchased fully furnished for a true turnkey move-in experience! One deeded garage space is included plus ample parking for additional vehicles and guests. Recent updates include a new roof (2021) and freshly painted balcony floor and balcony ceiling. Ideally located near the laundry and storage area. Elevator building. Enjoy an array of amenities including an exercise room, library, craft area, and party room. Low taxes and assessments. The building does not allow pets or rentals. This well-maintained complex offers easy, low maintenance living. Don't miss this exceptional opportunity!

Listing Agent

Samuel Meyer

Dwelle Realty LLC License #471021043

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,213

Year Built

  • Built in 1967

Lot Details

  • Additional Parcels

HOA Fees

  • $260 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,060 Sq Ft Home
  • 4-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms

Accessible Home Design

  • Accessibility Features
  • Doors are 32 inches wide or more
  • No Interior Steps
  • More Than Two Accessible Exits

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, security, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal
  • 120 Units
  • Manager Association, Phone Number (224) 325-3589
  • Property managed by Cameo West Condominium Association

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,213

Year Built

Built in 1967

Lot Details

0

HOA Fees

$260 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • EntryLevel: 4
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1967
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: Yes
  • General Information: Adult Community
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Basement: None
  • Accessibility Features: Two or More Access Exits, Door Width 32 Inches or More, No Interior Steps
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 1060
  • Room Type: No additional rooms
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Brick
  • List Price: 225000
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: On Site, Garage Owned, Detached, Garage
  • ParkingTotal: 3

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Electric, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee: 260
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Cameo West Condominium Association
  • Management Contact Name: Manager
  • Management Phone: 224-325-3589
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Security, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 202

Lot Info

  • Additional Parcels Description: 0811415001
  • Additional Parcels: Yes
  • Lot Dimensions: CONDO
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): No
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3212.54
  • Tax Year: 2024
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 120

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $2,738 $48,310 $6,950 $41,360
2022 $2,070 $36,930 $5,310 $31,620
2021 $1,976 $35,530 $5,110 $30,420
2020 $1,884 $34,890 $5,020 $29,870
2019 $1,501 $33,380 $4,800 $28,580
2018 $719 $26,430 $3,800 $22,630
2017 $739 $24,030 $3,450 $20,580
2016 $746 $23,160 $3,320 $19,840
2015 $787 $21,810 $3,130 $18,680
2014 $796 $21,810 $3,130 $18,680
2013 $903 $23,510 $3,380 $20,130
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2025 05/20/25 For Sale $225,000 +127.3% $212 / Sq Ft
04/30/2019 04/30/19 Sold $99,000 -11.6% $93 / Sq Ft
02/22/2019 02/22/19 Pending -- -- --
02/04/2019 02/04/19 Price Changed $112,000 -2.6% $106 / Sq Ft
12/11/2018 12/11/18 Price Changed $115,000 -3.4% $108 / Sq Ft
10/19/2018 10/19/18 Price Changed $119,000 -4.8% $112 / Sq Ft
09/05/2018 09/05/18 For Sale $125,000 -- $118 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $99,000 Chicago Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $133,000 Chicago Title Insurance Co
Warranty Deed $77,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $96,030 New Conventional
Previous Owner $104,570 Credit Line Revolving
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12370017

Midwest Real Estate Data (MRED)

APN: 08-11-412-094