5540 Walnut Ave

5540 Walnut Ave, Downers Grove, IL, 60515

CameoCommunity

Units for Sale

Front view of a multi-story building with balconies and large windows.

View Listing

MLS ID #12277805

View Listing MLS ID #12277805

Front view of a multi-story apartment building with balconies.

View Listing MLS ID #12348187

Front view of a multi-story brick building with balconies and a footbridge.

View Listing MLS ID #12348187

Indoor gym area with exercise equipment and large windows.

View Listing MLS ID #12348187

Year Built

1967

# Stories

# Total Units

100

Unit Size Range

650-1,110 sqft

Unit Demand

Low

Unit Availability

Low

Building Description

5540 Walnut Ave is a four-story condominium building, constructed in 1967, offering a variety of residential options with 1 and 2-bedroom units. The property features essential amenities designed for convenience and comfort, including an exercise room, service elevators, and a dedicated laundry facility. Residents can enjoy a spacious party room for gatherings and a workshop area for creative pursuits, as well as a covered porch and patio for relaxation outdoors. The building is wheelchair accessible, ensuring a welcoming environment for all. Intercom systems enhance communication within the building, adding to the overall functionality. Unit prices range from $185,000 to $203,000, making it an attractive option for potential homeowners or investors seeking reasonable housing options. Situated in a quiet area, 5540 Walnut Ave is in proximity to various community facilities and green spaces, enhancing the living experience for residents. The property’s design and available amenities cater to a modern lifestyle, ideal for those seeking both comfort and accessibility.

View Listing

MLS ID #12277805

View Listing MLS ID #12277805

View Listing MLS ID #12348187

Amenities

Parking

Locker

Concierge

Elevator

Central AC

Pool

Fitness Center

Visitors Parking

Building Policies

Pet Allowed

Short-term Rental Allowed

BBQ Permitted

Sublet Allowed

5540 Walnut Ave Market Report (last 12 months)

Avg. List Price

$201,667 ($232/Sqft.)

Year-Over-Year List Price

48.28%

Total Listings

Avg. Days On Market

Avg. Sale Price

$194,000 ($243/Sqft.)

Year-Over-Year Sale Price

30.20%

Total Sold

Avg. HOA Fees/Sqft

$4 /monthly

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About 5540 Walnut Ave

Condo Living at 5540 Walnut Ave, located at 5540 WALNUT AVE, DOWNERS GROVE, IL:

If you’re a first-time buyer considering the condominium lifestyle, 5540 Walnut Ave offers a cozy and welcoming environment in the heart of Downers Grove, Illinois. Built in 1967, this four-story building houses 100 units that are perfectly suited for young buyers looking for comfort and convenience. With a surprisingly low demand for units, now might be a great time to explore your options and get into a community that feels just right for you.

Building Features and Unit Availability:

At 5540 Walnut Ave, you'll find a mix of units ranging from 650 to 1110 square feet, catering to those who enjoy having their space while still being part of a community. The availability is currently low, which adds to the sense of exclusivity and urgency for interested buyers. Whether you're thinking of a cozy one-bedroom or a more spacious option, there's something to fit diverse lifestyles here.

Amenities You'll Love:

Imagine coming home to a building that has a vibrant mix of amenities designed with your lifestyle in mind. From an exercise room to help you stay fit, to a party room perfect for hosting friends, 5540 Walnut Ave has it all. Need a quiet space? The workshop area and covered porch beckon for both creativity and relaxation. Don’t worry about lugging laundry around; there’s a convenient laundry facility right in the building. With an intercom system and service elevators, getting around couldn't be easier.

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