$169,000
SOLD AUG 28, 2025

5540 Walnut Ave Unit 27A Downers Grove, IL 60515

Belmont Neighborhood
1 Bed
1 Bath
655 Sq Ft
1967 Built

Recently Sold

$258 Per Sq Ft

Highlights

  • Fitness Center
  • Party Room
  • Balcony
  • Lisle Elementary School Rated A-
  • Elevator
  • Living Room

About This Home

As of August 2025

Rarely available one bedroom Cameo condo is the perfect place to call home! With plenty of natural light, neutral colors, and sweeping views of the green spaces, this cozy model is a cheery, bright sanctuary. It is so CLEAN! The bathroom has recently been updated with a modern vanity, and convenient walk-in shower (no glass doors). The kitchen has a newer ceiling fan/light combo that illuminates the space for cooking and preparing meals. The deep stainless steel sink, sparkling modern backsplash, and white appliances are updated as well. A built-in corner cabinet in the dining space provides additional storage. There is plenty of room for entertaining in the dining area, living room, or out on the balcony overlooking the courtyard below. Additional storage is included down the hall. Each wing on each floor of this elevator building has its own laundry. The monthly HOA fee includes parking, garbage, water and sewer as well as exterior maintenance, lawn care, snow removal and common insurance. The only utility required beyond that is electric. This is a 55 and older community. One owner must be 55 at the time of purchase. Children under the age of 18 cannot permanently live here. Pets and rentals are strictly prohibited. Building amenities include elevators, exercise room, library, puzzle room, coin laundry and multiple gathering spaces.

Last Agent to Sell the Property

Jill Petranek

Coldwell Banker Realty License #475158835 Listed on: 07/26/2025

Coldwell Banker Realty

Co-Listed By

Robert Petranek

Coldwell Banker Realty License #475169835

Last Buyer's Agent

Patty Wardlow

@properties Christie's International Real Estate License #475143618

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1967

Home Design

  • Entry on the 2nd floor
  • Brick Exterior Construction
  • Flexicore

Interior Spaces

  • 655 Sq Ft Home
  • 4-Story Property
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Laundry Room

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Parking Lot
  • Parking Included in Price
  • Unassigned Parking

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Heating Available
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Senior Freeze Tax Exemptions

Community Details

Overview

  • 119 Units
  • Mary Ellen Association

Amenities

  • Party Room
  • Coin Laundry
  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • EntryLevel: 2
  • 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: No
  • General Information: Interstate Access,Adult Community
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Carpet
  • Interior Amenities: Flexicore, Quartz Counters
  • LivingArea: 655
  • Room Type: No additional rooms
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 655
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • Construction Materials: Brick
  • ExteriorFeatures: Balcony
  • List Price: 169000
  • Waterfront: No

Garage/Parking

  • Parking Features: Unassigned, Guest, Parking Lot, On Site, Other
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Common Area
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Amenities: Coin Laundry, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed
  • Management Contact Name: Mary Ellen
  • Management Phone: 000-000-0000

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 202

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: CONDO
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): No
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Year: 2024
  • Tax Exemptions: Senior,Senior Freeze

Multi Family

  • Units in Building: 119

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2025
Closed on
Aug 27, 2025
Sold by
Kalebic Cathleen
Bought by
Melau Charles R and Melau Kathleen
Seller's Agent
Jill Petranek
Coldwell Banker Realty
Buyer's Agent
Patty Wardlow
@properties Christie's International Real Estate
List Price
$169,000
Sold Price
$169,000
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-54.76%
Original Mortgage
$99,000
Outstanding Balance
$99,000
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$62,146

Purchase Details

Closed on
Aug 15, 2003
Sold by
Krupp Ann H
Bought by
Styler Creighton J and Styler Nancy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,910
Interest Rate
5.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 2000
Sold by
Krupp Ann H
Bought by
Krupp Ann H and Ann H Krupp Trust
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $169,000 Chicago Title
Warranty Deed $83,000 --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $99,000 New Conventional
Previous Owner $65,600 New Conventional
Previous Owner $70,910 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2025 08/28/25 Sold $169,000 0.0% $258 / Sq Ft
08/01/2025 08/01/25 For Sale $169,000 -- $258 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

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
2024 -- $35,019 $4,964 $30,055
2023 $1,084 $31,960 $4,530 $27,430
2022 $230 $24,430 $3,460 $20,970
2021 $230 $23,510 $3,330 $20,180
2020 $224 $23,090 $3,270 $19,820
2019 $230 $22,090 $3,130 $18,960
2018 $228 $17,490 $2,480 $15,010
2017 $235 $15,900 $2,260 $13,640
2016 $237 $15,330 $2,180 $13,150
2015 $250 $14,430 $2,050 $12,380
2014 $253 $14,430 $2,050 $12,380
2013 $328 $15,540 $2,200 $13,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12430514

Midwest Real Estate Data (MRED)

APN: 08-11-412-027