5300 Walnut Ave

About 5300 Walnut Ave

Building sits at 5300 Walnut Ave in Downers Grove near the intersection of Walnut Avenue and 53rd Street. The East Branch DuPage River runs nearby. Major roads include I-355, I-88, I-55, and Rt 53. Belmont Metra / Downers Grove/Belmont train station lies close. Tess Down Home Bar-B-Que, Mojo's Good Eats, and Dan's Pizza are local restaurants. 5300 Walnut Ave is a 5-story mid-rise Condo built in 1967 with 99 units. Units include 1, 2, and 3 bedrooms and range from 650 to 1,285 sq ft. The building has elevator access and secure keyless entry. Construction is all-brick with flexicore floors. The community is 55+ / active adult. Shared spaces include an exercise room, a game room with billiards and ping-pong, a library, a party room with kitchen, and a craft room. Common community areas sit on each floor for indoor walks and socializing. Coin laundry is available on every floor. Assigned storage lockers sit on the same hallway for extra belongings. Many units have private balconies and several units include oversized patios. Assigned deeded garage parking spaces are available for some units and garage spaces carry separate annual assessments. Some garage spaces use transmitters or keypad access. Building policy bans pets and bans rentals. A daily social open group chat meets at 4:00 PM and regular community activities take place throughout the month. Grounds are professionally landscaped with manicured lawns, mature trees, and an interior courtyard/green space. Recent sales ran as low as $145,000 with an average closed price of $178,417 and an average price per sq ft of $208. Current unit listings fall between $210,000 and $211,500. Average days on market are 61. Taxes and assessments are low. Unit views commonly show treetops and park-like lawn vistas, and the building is largely owner-occupied.