5540 Walnut Ave Unit 6B Downers Grove, IL 60515
Belmont NeighborhoodEstimated payment $1,208/month
Highlights
- Living Room
- Laundry Room
- Dining Room
- Lisle Elementary School Rated A-
- Central Air
- Family Room
About This Home
Cameo is the best 55+ carefree community in the Downers Grove area! This great 1 bedroom, 1 bath second floor unit is truly "move in ready." The home is freshly painted in neutral colors with a NEW fridge, stove and microwave. The furnace and AC were installed in 2015. The hot water heater is from 2022. This unit has a view of the parking lot where residents and guests park (no assigned parking spaces). A mature tree positioned in front of the building allows for private balcony use. Building amenities include multiple gathering areas, exercise room, library, media room and the coin operated laundry room is just a few doors away from the condo unit. A storage unit is located in the hallway outside. This unit does NOT have a garage space. Low taxes and assessments!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,754
Year Built
- Built in 1967
HOA Fees
- $170 Monthly HOA Fees
Home Design
- Entry on the 2nd floor
- Brick Exterior Construction
Interior Spaces
- 655 Sq Ft Home
- 4-Story Property
- Family Room
- Living Room
- Dining Room
- Laundry Room
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- 1 Full Bathroom
Parking
- 1 Parking Space
- Unassigned Parking
Utilities
- Central Air
- Heating Available
- Lake Michigan Water
Community Details
Overview
- Association fees include water, parking, insurance, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal
- 119 Units
- Mary Ellen Association, Phone Number (224) 315-3589
Amenities
- Laundry Facilities
Pet Policy
- No Pets Allowed
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 | $1,754 | $35,019 | $4,964 | $30,055 |
| 2023 | $1,628 | $31,960 | $4,530 | $27,430 |
| 2022 | $1,233 | $24,430 | $3,460 | $20,970 |
| 2021 | $1,172 | $23,510 | $3,330 | $20,180 |
| 2020 | $1,114 | $23,090 | $3,270 | $19,820 |
| 2019 | $1,079 | $22,090 | $3,130 | $18,960 |
| 2018 | $764 | $17,490 | $2,480 | $15,010 |
| 2017 | $677 | $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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/13/2025 11/13/25 | For Sale | $169,000 | -- | $258 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Executors Deed | $86,000 | Preferred Title Ins Agency | |
| Trustee Deed | $49,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $68,800 | Purchase Money Mortgage |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12514240
APN: 08-11-412-042
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