About This Home

This 1-bedroom, 1-bathroom condo at 5540 Walnut Avenue in Downers Grove, IL is listed for $150,000 ($229 per sqft). Built in 1967, the home offers 655 sqft of living space on a N/A lot.

Key Features

  • Built in 1967
  • 3 stories
  • 2 parking spaces

Property Details

3 stories
1 full
2 spaces
#33A
1967

Amenities

A/C
Listing Description

Enjoy convenient main-level living in this move-in-ready home, ideally located just steps from the building's laundry and storage rooms. Cameo offers a wonderful lifestyle for active adults, with common areas on each level featuring a variety of amenities, including a fitness room, library, conference room, and public restrooms.

Recent updates include new interior doors throughout, new ceramic tile in the bathroom, a new HVAC system (2024), GE stove and refrigerator (2024), Honeywell thermostat, and 125 AMP circuit breaker. The water heater was replaced in 2011, offering continued peace of mind for future owners.

Perfectly situated near shopping, dining, and easy access to I-355, this unit combines comfort and convenience. Monthly assessments are $182 and include scavenger/recycling, common insurance, and general area maintenance and cleaning. Cameo is a 55+ adult community with no rentals, pets, or balcony/patio grilling permitted. All prospective buyers must complete and receive HOA approval prior to purchase.

Monthly Cost Estimate

$984/mo

20% down · 6.5% · 30 years

Principal$108
Interest$650
Insurance$44
HOA$182

Estimates only. Actual payments may vary.

Location

5540 Walnut Avenue

Downers Grove, IL 60515

Cameo West

Property Details

Flooring

Carpet

Construction

Brick

Parking

Assigned

Heating

Electric (Heating)

Cooling

Central Air

Questions & Answers

This 1-bedroom, 1-bathroom condo at 5540 Walnut Avenue is listed at $150,000 ($229/sqft). The estimated monthly payment is $984 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $182/month.

Key features include: Built in 1967, 3 stories, 2 parking spaces.

This property is listed by Mary Braatz and can be reached at (630) 964-3000.

MB

Mary Braatz

Agent at RE/MAX Enterprises

(630) 964-3000

Listed by RE/MAX Enterprises · View on Broker Site

MLS# 12674237· Source: listhub· 24 days on market

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5540 Walnut Avenue, Downers Grove, IL 60515

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