$189,900

5540 Walnut Ave Unit 7B Downers Grove, IL 60515

Belmont Neighborhood

Estimated payment $1,446/month

Total Views 37
2 Beds
1 Bath
900 Sq Ft
$211 Price per Sq Ft

Highlights

  • Living Room
  • Laundry Room
  • Forced Air Heating and Cooling System
  • Lisle Elementary School Rated A-
  • Storage Room
  • Combination Kitchen and Dining Room

About This Home

Welcome to Cameo Terrace West - a sought-after 55+ community, in a premium location close to expressway, shopping, and the Downers Grove Park District. Unit 7B is a spacious and refreshed (newly painted and carpeted) 2-bedroom, 1-bathroom condo that features a rare private garage and a new (2024) HVAC. Other key features of this light-filled, second-story condo include ample cabinetry and new stainless appliances in the kitchen, generous closet space in both bedrooms, a dining area off the kitchen, large in-unit storage room, and a private, expansive balcony accessible from both the living room and primary bedroom. Building amenities include a library, fitness room, conference room, workshop space, on-site laundry room, assigned exterior storage space, and assigned detached garage. Move-in ready!

Listing Agent

Matthew Smith

john greene, Realtor License #475183683 Listed on: 12/17/2025

john greene, Realtor

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,329

Year Built

  • Built in 1967

HOA Fees

  • $254 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Included in Price

Home Design

  • Entry on the 3rd floor
  • Brick Exterior Construction

Interior Spaces

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

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Additional Features

  • Additional Parcels
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, security, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal
  • 120 Units
  • Mary Ellen Association, Phone Number (224) 315-3589

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,329

Year Built

Built in 1967

Lot Details

0

HOA Fees

$254 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • EntryLevel: 3
  • 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
  • Actual Status: New
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 900
  • Room Type: Storage
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 900
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 900
  • Flooring: Carpet

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Yes, Detached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 254
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed
  • Management Contact Name: Mary Ellen
  • Management Phone: 224-315-3589

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Security, 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: 2328.92
  • Tax Year: 2024
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 120

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
2024 $2,034 $47,323 $6,903 $40,420
2023 $1,847 $43,190 $6,300 $36,890
2022 $1,473 $33,020 $4,820 $28,200
2021 $1,390 $31,770 $4,640 $27,130
2020 $1,317 $31,200 $4,560 $26,640
2019 $1,264 $29,850 $4,360 $25,490
2018 $840 $23,630 $3,450 $20,180
2017 $717 $21,480 $3,130 $18,350
2016 $670 $20,710 $3,020 $17,690
2015 $619 $19,500 $2,840 $16,660
2014 $626 $19,500 $2,840 $16,660
2013 $724 $21,020 $3,060 $17,960
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2025 12/17/25 For Sale $189,900 -- $211 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12531949

Midwest Real Estate Data (MRED)

APN: 08-11-412-043