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  1. Home/
  2. Downers Grove, IL/
  3. 5540 Walnut Ave

5540 Walnut Ave

5540 Walnut Ave, Downers Grove, IL, 60515

CameoCommunity
0 Units for Sale

Front view of a multi-story building with balconies and large windows.View Listing
MLS ID #12277805
Front view of a multi-story building with balconies and large windows.View ListingMLS ID #12277805
Front view of a multi-story apartment building with balconies.View ListingMLS ID #12348187
Front view of a multi-story brick building with balconies and a footbridge.View ListingMLS ID #12348187
Indoor gym area with exercise equipment and large windows.View ListingMLS ID #12348187
YearBuilt

Year Built

1967

Stories

# Stories

4

#TotalUnits

# Total Units

102
UnitSizeRange

Unit Size Range

650-1,110 sqft

UnitDemand

Unit Demand

Stories

Low

UnitAvailability

Unit Availability

Stories

Low


About 5540 Walnut Ave

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.

Front view of a multi-story building with balconies and large windows.View Listing
MLS ID #12277805
Front view of a multi-story building with balconies and large windows.View ListingMLS ID #12277805
Front view of a multi-story apartment building with balconies.View ListingMLS ID #12348187
Front view of a multi-story brick building with balconies and a footbridge.View ListingMLS ID #12348187
Indoor gym area with exercise equipment and large windows.View ListingMLS ID #12348187

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.

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

Building 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.

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

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5540 Walnut Ave Market Report (last 12 months)

Avg. List Price
$192,572 ($236/Sqft.)
Year-Over-Year List Price
Up Arrow 41.60%
Total Listings
Listings7
Avg. Days On Market
Calendar49
Avg. Sale Price
$188,167 ($235/Sqft.)
Year-Over-Year Sale Price
Up Arrow 33.77%
Total Sold
Sold6
Avg. HOA Fees/Sqft
$4 /monthly
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Living in 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.

Life at 5540 Walnut Ave:

Living at 5540 Walnut Ave promises not just a home but a lifestyle filled with convenience and community. The building's layout allows for social interactions yet retains privacy, making it perfect for young professionals or first-time buyers wanting that delightful mix of both. Plus, with amenities that support a variety of interests, you’ll likely find yourself mingling with neighbors in no time.

  1. Home/
  2. Downers Grove, IL/
  3. 5540 Walnut Ave
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