NOT LISTED FOR SALE

5540 Walnut Ave Unit 4A Downers Grove, IL 60515

Belmont Neighborhood

Estimated Value: $161,205 - $186,000

1 Bed
1 Bath
655 Sq Ft
1967 Built

Sale Details

Date Sold: November 24, 2025

Last sale price $177,000 $270 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,319 / mo

1 Day on Market

Highlights

  • Fitness Center
  • Lock-and-Leave Community
  • Party Room
  • Lisle Elementary School Rated A-
  • Granite Countertops
  • Formal Dining Room

About This Home

As of November 2025

Active Adult Community in Downers Grove! This wonderful 2nd-floor condo has been completely redone and features new waterproof wood laminate flooring throughout. Enjoy a stunning kitchen remodel completed in 2023, which includes new cabinets, Corian white countertops, and a deep stainless steel sink, new stove 2025. The beautiful new bath, updated in 2021, boasts a step-in shower with handicap bars and a convenient linen closet. The living room opens to a private balcony, perfect for relaxing and enjoying the outdoors. Improvements include a new patio door and window added in 2022, along with a new furnace and central air. Detached garage #88 comes with a new garage door installed in 2023, providing secure parking. There's also a storage closet in the hallway for your convenience. The community offers a library, party room, exercise room, game room, and multiple open areas on each floor, enhancing your lifestyle. With low taxes and a new roof on the building, you'll have peace of mind. You'll be just steps away from the laundry room parking and elevator. The garage assessment is $330 per year, with garage taxes at $295 for 2024. The condo assessment is $510 every three months (equivalent to $170 per month). This home is move-in ready!

Last Agent to Sell the Property

Elizabeth Hanson

Baird & Warner License #475126910 Listed on: 10/06/2025

Baird & Warner

Co-Listed By

Diana Jamrok

Baird & Warner License #475139354

Last Buyer's Agent

Roger Fox

RE/MAX Suburban License #471001510

RE/MAX Suburban
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,569

Year Built

  • Built in 1967

HOA Fees

  • $170 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Parking Available
  • Garage Door Opener
  • Off-Street Parking
  • Parking Included in Price
  • Unassigned Parking

Home Design

  • Entry on the 2nd floor
  • Brick Exterior Construction
  • Concrete Perimeter Foundation
  • Flexicore

Interior Spaces

  • 655 Sq Ft Home
  • 4-Story Property
  • Ceiling Fan
  • Family Room
  • Living Room
  • Formal Dining Room
  • Storage Room
  • Laminate Flooring

Kitchen

  • Range
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in multiple locations

Accessible Home Design

  • Handicap Shower
  • Grab Bar In Bathroom
  • Wheelchair Access
  • Accessibility Features

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water

Additional Features

  • Balcony
  • Additional Parcels

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal
  • 119 Units
  • Office Association, Phone Number (224) 315-3589
  • Cameo West Subdivision, Ambassador Floorplan
  • Property managed by Cameo5540@outlook.com
  • Lock-and-Leave Community

Amenities

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

Recreation

  • Fitness Center

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,569

Year Built

Built in 1967

Lot Details

0 Sq Ft Lot

HOA Fees

$170 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • EntryLevel: 2
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Cameo West
  • 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
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: None
  • Accessibility Features: Bath Grab Bars, Wheelchair Accessible
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Laminate
  • Interior Amenities: Elevator, Storage, Flexicore, Granite Counters
  • LivingArea: 655
  • Room Type: Balcony/Porch/Lanai, Storage
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Bathroom Amenities: Accessible Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Flooring: Wood Laminate

Exterior Features

  • Construction Materials: Brick
  • ExteriorFeatures: Balcony
  • Foundation Details: Concrete Perimeter
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Unassigned, Off Street, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Electric, Forced Air
  • Laundry Features: Upper Level, Common Area, Multiple Locations
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee: 510
  • Association Amenities: Coin Laundry, Elevator(s), Exercise Room, Storage, Party Room, Security Door Lock(s), Ceiling Fan
  • Association Fee Frequency: Quarterly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Cameo5540@outlook.com
  • Management Contact Name: Office
  • Management Phone: 224-315-3589

Fee Information

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

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: Common
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 2569.28
  • Tax Year: 2024
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 119

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2025
Closed on
Nov 24, 2025
Sold by
Bought by
Seller's Agent
Elizabeth Hanson
Baird & Warner
Buyer's Agent
Roger Fox
RE/MAX Suburban
List Price
$177,000
Sold Price
$177,000
Views
16
Current Estimated Value
$174,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,449
Avg. Annual Appreciation
-1.89%
Original Mortgage
$141,600
Outstanding Balance
$140,623
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$33,928

Purchase Details

Listed on
May 3, 2022
Closed on
Jul 1, 2022
Sold by
Bought by
Seller's Agent
Elizabeth Hanson
Baird & Warner
Buyer's Agent
Gloria Ortiz
Real People Realty
List Price
$130,000
Sold Price
$112,000
Premium/Discount to List
-$18,000
-13.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.41%
Original Mortgage
$89,600
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2007
Sold by
Bought by

Purchase Details

Closed on
Feb 24, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,900
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2004
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$177,000 Baird & Warner Title
$112,000 Greater Illinois Title
$110,000 C T I C Dupage
$95,000 Atg
$66,000 Atg
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $141,600
Previous Owner $60,000
Previous Owner $89,600
Previous Owner $74,900
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/24/2025 11/24/25 Sold $177,000 0.0% $270 / Sq Ft
10/07/2025 10/07/25 Pending -- -- --
10/06/2025 10/06/25 For Sale $177,000 +58.0% $270 / Sq Ft
07/01/2022 07/01/22 Sold $112,000 -6.7% $171 / Sq Ft View Prior Sale
05/31/2022 05/31/22 Pending -- -- --
05/12/2022 05/12/22 Price Changed $120,000 -7.7% $183 / Sq Ft
05/03/2022 05/03/22 For Sale $130,000 -- $198 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,274 $35,019 $4,964 $30,055
2023 $2,171 $31,960 $4,530 $27,430
2022 $434 $24,430 $3,460 $20,970
2021 $434 $23,510 $3,330 $20,180
2020 $423 $23,090 $3,270 $19,820
2019 $744 $22,090 $3,130 $18,960
2018 $432 $17,490 $2,480 $15,010
2017 $335 $15,900 $2,260 $13,640
2016 $644 $15,330 $2,180 $13,150
2015 $614 $14,430 $2,050 $12,380
2014 $621 $14,430 $2,050 $12,380
2013 $689 $15,540 $2,200 $13,340
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12488387

Midwest Real Estate Data (MRED)

APN: 08-11-412-004

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