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  1. Home
  2. /Downers Grove, IL
  3. /
    Cameo

Cameo

5540 Walnut Avenue, Downers Grove, IL, 60515

CameoCommunity
0 Units for Sale

Front view of a multi-story apartment building with balconies.View Listing
MLS ID #12277805
Front view of a multi-story apartment building with balconies.View ListingMLS ID #12277805
Front view of a multi-story apartment building with balconies.View ListingMLS ID #12051672
Front view of a multi-story brick building with balconies.View ListingMLS ID #12277805
Room with various exercise equipment including stationary bikes and a treadmill.View ListingMLS ID #12277805
YearBuilt

Year Built

1967

Stories

# Stories

4

#TotalUnits

# Total Units

191
UnitSizeRange

Unit Size Range

1,030-1,130 sqft

UnitDemand

Unit Demand

Stories

Low

UnitAvailability

Unit Availability

Stories

Low


About Cameo

Cameo at 5540 Walnut Avenue in Downers Grove is a 4-story condo with 191 units. The building sits near Walnut Avenue and 55th Street. The mid-rise form fits a neighborhood block and keeps the massing low. Street access reaches local shopping and bus routes within a short drive. The DuPage River runs a short distance west of the site. Construction finished in 1967. Mature trees line nearby streets and frame the block. Nearby roads link to larger arterials for regional travel and daily errands. Units have 1 and 2 bedrooms and range from 1,030 to 1,130 sq ft. Current asking prices run $205,000 to $210,000. Floor plans stay within a narrow size band and give predictable layouts. This size range suits small households and buyers looking for compact space. Recent sales reached as low as $181,000. The average closed price was $194,750. The average price per sq ft came in at $228. Units spend about 57 days on the market, which shows steady turnover and regular activity. Building amenities include Intercom, Laundry, Patio, Receiving Room, Workshop Area, Elevator, Exercise Room, Party Room, Covered Porch, Service Elevator and wheelchair access. A mix of shops and dining sits within walking distance. Tess Down Home Bar-B-Que, Mojo's Good Eats and Dan's Pizza are nearby and serve local residents.

Front view of a multi-story apartment building with balconies.View Listing
MLS ID #12277805
Front view of a multi-story apartment building with balconies.View ListingMLS ID #12277805
Front view of a multi-story apartment building with balconies.View ListingMLS ID #12051672
Front view of a multi-story brick building with balconies.View ListingMLS ID #12277805
Room with various exercise equipment including stationary bikes and a treadmill.View ListingMLS ID #12277805

Amenities

Cameo is not just about a place to live; it's about a lifestyle. The building offers a slew of amenities to enhance your living experience. Whether it's breaking a sweat in the exercise room, enjoying a sunny afternoon on the patio, or hosting friends in the engaging party room, there's something for everyone. The laundry facilities are convenient, and service elevators ensure moving in and out is a breeze. Plus, its wheelchair-oriented features make it accessible for all, which underlines a warm community vibe in the building.

ParkingParking
LockerLocker
ConciergeConcierge
ElevatorElevatorCheck Icon
Central ACCentral AC
PoolPool
Fitness CenterFitness CenterCheck Icon
Visitors ParkingVisitors Parking

Building Policies

Living at Cameo is generally hassle-free, with straightforward building policies that promote a positive environment for all residents. This absence of complex rules means that you can focus more on enjoying your new home and less on navigating tricky guidelines.

Pet AllowedPets Allowed
Short-term Rental AllowedShort-term Rental Allowed
BBQ PermittedBBQ Permitted
Sublet AllowedSublet Allowed

Loading...

Cameo Market Report (last 12 months)

Avg. List Price
$190,834 ($236/Sqft.)
Year-Over-Year List Price
Up Arrow 40.32%
Total Listings
Listings6
Avg. Days On Market
Calendar57
Avg. Sale Price
$194,750 ($228/Sqft.)
Year-Over-Year Sale Price
Up Arrow 43.20%
Total Sold
Sold4
Avg. HOA Fees/Sqft
$4 /monthly

Cameo Sales History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 15B15B90022532025-10-20
MLS#: 12432126
Closed$205,000
Unit 23C23C106022932025-08-22
MLS#: 12370017
Closed$210,000
Unit 26C26C80021362025-06-20
MLS#: 12365930
Closed$203,000
Unit 15B
15B

2 Beds

2 Baths

900 sqft

Days On Market53

DateStatusPrice
2025-10-20Closed$205,000
MLS#: 12432126
Unit 23C
23C

2 Beds

2 Baths

1060 sqft

Days On Market93

DateStatusPrice
2025-08-22Closed$210,000
MLS#: 12370017
Unit 26C
26C

2 Beds

1 Baths

800 sqft

Days On Market36

DateStatusPrice
2025-06-20Closed$203,000
MLS#: 12365930
View Complete Unit Listing HistorySource By: MRED

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 NameAvg price per square footAVG HOA FEE per square foot (Monthly)
Cameo$228/sqft.$4 /sqft.
5540 Walnut Ave$230/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 Cameo.

The Bridge High School

--
Private|Grades 10–12
2318 Wisconsin Ave|0.74 miles away

Lisle Elementary School

A
Public|Grades PK–5
5801 Westview Ln|0.9 miles away

Henry Puffer School

B
Public|Grades PK–6
2220 Haddow Ave|1.29 miles away

Lisle Jr High School

B+
Public|Grades 6–8
5207 Center Ave|1.3 miles away

St Joan of Arc

--
Private|Grades PK–8
4913 Columbia Ave|1.38 miles away

Willow Creek Elementary School

B+
Public|Grades KG–6
2901 Jackson Dr|1.4 miles away
Schoolsarrow right
View nearby schools
Next

Schools

The Bridge High School

--
Private|Grades 10–12
2318 Wisconsin Ave|Less than 1 Mile Away

Lisle Elementary School

A
Public|Grades PK–5
5801 Westview Ln|Less than 1 Mile Away

Henry Puffer School

B
Public|Grades PK–6
2220 Haddow Ave|1.29 Miles Away

Lisle Jr High School

B+
Public|Grades 6–8
5207 Center Ave|1.30 Miles Away

St Joan of Arc

--
Private|Grades PK–8
4913 Columbia Ave|1.38 Miles Away

Willow Creek Elementary School

B+
Public|Grades KG–6
2901 Jackson Dr|1.40 Miles Away

Downers Grove Adventist School

--
Private|Grades PK–8
5524 Lee Ave|1.71 Miles Away

Abraxas Naperville Bridge

--
Private|Grades 10–12
2221 64th St|2.10 Miles Away

Indian Trail Elementary School

C+
Public|Grades PK–6
6235 Stonewall Ave|2.15 Miles Away

Lisle High School

A
Public|Grades 9–12
1800 Short St|2.19 Miles Away

Meadowview Elementary School

A-
Public|Grades PK–6
2525 Mitchell Dr|2.23 Miles Away

Avery Coonley School

--
Private|Grades PK–8
1400 Maple Ave Ste...|2.28 Miles Away

Hillcrest Elementary School

B+
Public|Grades PK–6
1435 Jefferson Ave|2.35 Miles Away

Goodrich Elementary School

C-
Public|Grades PK–6
3450 Hobson Rd|2.65 Miles Away

Transit

Experience convenience and connectivity with premium transit options just moments away.

Belmont

1.15 miles away|23 min walk

Ogden Ave & Ivanhoe Ave

1.39 miles away|27 min walk

Ogden Ave & Auvergne Ave

1.41 miles away|27 min walk

Ogden Ave & Authority Dr

1.43 miles away|28 min walk

Ogden Ave & Cross St

1.54 miles away|30 min walk

Lisle

1.58 miles away|31 min walk
Transitarrow right
View nearby transit options
Next

Transit

Belmont

1.15 miles away|23 min walk

Ogden Ave & Ivanhoe Ave

1.39 miles away|27 min walk

Ogden Ave & Auvergne Ave

1.41 miles away|27 min walk

Ogden Ave & Authority Dr

1.43 miles away|28 min walk

Ogden Ave & Cross St

1.54 miles away|30 min walk

Lisle

1.58 miles away|31 min walk

Ogden Ave & Chelsea Ave

1.58 miles away|31 min walk

2321 Ogden Ave

1.72 miles away|33 min walk

63rd St & Leonard Ave

1.76 miles away|34 min walk

Hobson Rd & Walnut Ave/Southcrest Dr

1.81 miles away|35 min walk

63rd St & Belmont Rd

1.85 miles away|36 min walk

Hobson Rd & Southcrest Dr/Walnut Ave

1.86 miles away|36 min walk

Ogden Ave & Finley Rd / Belmont Rd

1.87 miles away|36 min walk

Ogden Ave / Spencer Ave

1.87 miles away|36 min walk

Ogden Ave & Main St

1.91 miles away|37 min walk

Ogden Ave & Belmont Rd / Finley Rd

1.93 miles away|38 min walk

63rd St & Pershing St

2 miles away|39 min walk

63rd St & Woodward Ave

2.1 miles away|41 min walk

Ogden Ave & Wilson Ave

2.1 miles away|41 min walk

Main St & Middleton Ave

2.15 miles away|42 min walk

Ogden Ave & Woodward Ave

2.18 miles away|42 min walk

1011 Warrenville Rd

2.19 miles away|42 min walk

63rd St & Stonewall Ave

2.2 miles away|43 min walk

Woodridge Dr & Hobson Rd

2.24 miles away|43 min walk

Main St & Warrenville Rd

2.25 miles away|44 min walk

Warrenville Rd & Main St

2.31 miles away|45 min walk

Ogden Ave & Lacey Rd

2.41 miles away|47 min walk

Woodridge Dr & Martin Dr

2.42 miles away|47 min walk

63rd St & Springside Ave

2.44 miles away|47 min walk

Woodridge Dr & Kincaid Dr

2.46 miles away|48 min walk

Ogden Ave & Lee Ave

2.48 miles away|48 min walk

Warrenville Rd & Corporetum Dr

2.52 miles away|49 min walk

Woodridge Dr & Janeswood Dr

2.63 miles away|51 min walk

The Neighborhood:

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  1. Home
  2. /Downers Grove, IL
  3. /
    Cameo
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