Year Built
1967
# Stories
4
# Total Units
106
Unit Size Range
650-1,110 sqft
Unit Demand
Medium
Unit Availability
High
About 5540 Walnut Ave
The building at 5540 Walnut Avenue, located in Downers Grove, is a mid-rise with four stories. It features 104 units, making it a vibrant community for residents. Built in 1967, it offers a mix of 1 and 2-bedroom layouts. The unit sizes range from 650 to 1,110 square feet, providing options for different needs. Prices for the units fall between $169,000 and $210,000. The average closed price is about $193,000. This translates to an average price of $230 per square foot based on recent sales. With an average of 59 days on the market, potential buyers have time to explore their options. This building stands out with various amenities. Residents can enjoy an exercise room, a library, and multiple sitting areas. The elevator provides easy access for everyone, including those with mobility needs. Plus, there is a large balcony that offers great views for relaxation. Nearby, restaurants like Tess Down Home Bar-B-Que and Mojo's Good Eats are great spots for a meal. Dan's Pizza also offers takeout for busy days. The building's location allows for easy access to community life and everyday necessities. Living here adds to the enjoyment of life in a 55+ adult community. The well-maintained surroundings and available services foster a sense of belonging. It's a good choice for those seeking comfort and features that enhance daily living.
Amenities
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.
Parking
Locker
Concierge
Elevator
Central AC
Pool
Fitness Center
Visitors ParkingBuilding Policies
One of the best parts about starting your journey at 5540 Walnut Ave is that the building policies are quite friendly. There are no strict rules, making it a great choice for first-time homeowners eager to enjoy their new space without a lot of red tape.
Pets Allowed
Short-term Rental Allowed
BBQ Permitted
Sublet AllowedLoading...
5540 Walnut Ave Market Report (last 12 months)
38.34%
14
58 40.60%
95540 Walnut Ave Sales History
| Unit | Size (sqft) | Beds | Baths | Days On Market | Date | Status | Price | |
|---|---|---|---|---|---|---|---|---|
 | 15B | 900 | 2 | 2 | 53 | 2025-10-20 MLS#: 12432126 | Closed | $205,000 |
 | 23C | 1060 | 2 | 2 | 93 | 2025-08-22 MLS#: 12370017 | Closed | $210,000 |
 | 26C | 800 | 2 | 1 | 36 | 2025-06-20 MLS#: 12365930 | Closed | $203,000 |
2 Beds
2 Baths
900 sqft
| Date | Status | Price |
|---|---|---|
| 2025-10-20 | Closed | $205,000 |
2 Beds
2 Baths
1060 sqft
| Date | Status | Price |
|---|---|---|
| 2025-08-22 | Closed | $210,000 |
2 Beds
1 Baths
800 sqft
| Date | Status | Price |
|---|---|---|
| 2025-06-20 | Closed | $203,000 |
Compare with Buildings in the Neighbourhood (Last 12 Months)
Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby
| Building Name | Avg price per square foot | AVG HOA FEE per square foot (Monthly) |
|---|---|---|
| 5540 Walnut Ave | $234/sqft. | $5 /sqft. |
| Cameo | $228/sqft. | $4 /sqft. |
| 5400 Walnut Ave | $184/sqft. | $3 /sqft. |
| Cameo | $192/sqft. | $3 /sqft. |
| 5300 Walnut Ave | $208/sqft. | $4 /sqft. |
| Cameo | $213/sqft. | $4 /sqft. |
Nearby Schools
Discover top-rated schools located close to 5540 Walnut Ave.
The Bridge High School
--Lisle Elementary School
AHenry Puffer School
BLisle Jr High School
B+St Joan of Arc
--Willow Creek Elementary School
B+
View nearby schools
Schools
The Bridge High School
--Lisle Elementary School
AHenry Puffer School
BLisle Jr High School
B+St Joan of Arc
--Willow Creek Elementary School
B+Downers Grove Adventist School
--Abraxas Naperville Bridge
--Indian Trail Elementary School
C+Lisle High School
AMeadowview Elementary School
A-Avery Coonley School
--Hillcrest Elementary School
B+Goodrich Elementary School
C-Transit
Experience convenience and connectivity with premium transit options just moments away.
Belmont
Ogden Ave & Ivanhoe Ave
Ogden Ave & Auvergne Ave
Ogden Ave & Authority Dr
Ogden Ave & Cross St
Lisle
View nearby transit options
Transit
Belmont
Ogden Ave & Ivanhoe Ave
Ogden Ave & Auvergne Ave
Ogden Ave & Authority Dr
Ogden Ave & Cross St
Lisle
Ogden Ave & Chelsea Ave
2321 Ogden Ave
63rd St & Leonard Ave
Hobson Rd & Walnut Ave/Southcrest Dr
63rd St & Belmont Rd
Hobson Rd & Southcrest Dr/Walnut Ave
Ogden Ave / Spencer Ave
Ogden Ave & Finley Rd / Belmont Rd
Ogden Ave & Main St
Ogden Ave & Belmont Rd / Finley Rd
63rd St & Pershing St
63rd St & Woodward Ave
Ogden Ave & Wilson Ave
Main St & Middleton Ave
Ogden Ave & Woodward Ave
1011 Warrenville Rd
63rd St & Stonewall Ave
Woodridge Dr & Hobson Rd
Main St & Warrenville Rd
Warrenville Rd & Main St
Ogden Ave & Lacey Rd
Woodridge Dr & Martin Dr
63rd St & Springside Ave
Woodridge Dr & Kincaid Dr
Ogden Ave & Lee Ave
Warrenville Rd & Corporetum Dr
Woodridge Dr & Janeswood Dr
The Neighborhood:
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