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
Amenities
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
Estimates only. Actual payments may vary.
Location
5540 Walnut Avenue
Downers Grove, IL 60515
Cameo West
Property Details
Flooring
Construction
Parking
Heating
Cooling
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.




