5540 Walnut Ave sits in Downers Grove, near the intersection of 75th Street and Lemont Road. This mid-rise building features four stories and houses a total of 106 units. Construction wrapped up in 1967. The building is part of a 55+ adult community, offering a calm atmosphere. Residents enjoy scenic views from their large balconies.
Unit sizes range from 650 to 1,110 square feet. There are one and two-bedroom configurations available. Prices for units range from $205,000 to $210,000. The lowest sold price in the last year was about $169,000. The average price per square foot stands at $234, reflecting good value in the area.
This building has several amenities that support daily living. An elevator services all floors, ensuring easy access. Each floor includes coin-operated laundry facilities. Common areas encourage social interaction, promoting a community spirit. There’s also an exercise room and a library for leisure activities.
The location is convenient for shopping and dining. Popular nearby restaurants include Tess Down Home Bar-B-Que, Mojo's Good Eats, and Dan's Pizza. Just a short drive away, expressways like I-355 allow for quick travel. Belmont Metra station is nearby, providing easy access to public transport.
Security is a priority with an intercom system that enhances safety. The building also has a covered porch and designated service elevators. Landscaped grounds and a courtyard offer a relaxing environment for residents. Overall, this property combines comfortable living with a vibrant community atmosphere in a prime location.
5540 Walnut Ave sits in Downers Grove, near the intersection of 75th Street and Lemont Road. This mid-rise building features four stories and houses a total of 106 units. Construction wrapped up in 1967. The building is part of a 55+ adult community, offering a calm atmosphere. Residents enjoy scenic views from their large balconies.
Unit sizes range from 650 to 1,110 square feet. There are one and two-bedroom configurations available. Prices for units range from $205,000 to $210,000. The lowest sold price in the last year was about $169,000. The average price per square foot stands at $234, reflecting good value in the area.
This building has several amenities that support daily living. An elevator services all floors, ensuring easy access. Each floor includes coin-operated laundry facilities. Common areas encourage social interaction, promoting a community spirit. There’s also an exercise room and a library for leisure activities.
The location is convenient for shopping and dining. Popular nearby restaurants include Tess Down Home Bar-B-Que, Mojo's Good Eats, and Dan's Pizza. Just a short drive away, expressways like I-355 allow for quick travel. Belmont Metra station is nearby, providing easy access to public transport.
Security is a priority with an intercom system that enhances safety. The building also has a covered porch and designated service elevators. Landscaped grounds and a courtyard offer a relaxing environment for residents. Overall, this property combines comfortable living with a vibrant community atmosphere in a prime location.
Description
5540 Walnut Ave sits in Downers Grove, near the intersection of 75th Street and Lemont Road. This mid-rise building features four stories and houses a total of 106 units. Construction wrapped up in 1967. The building is part of a 55+ adult community, offering a calm atmosphere. Residents enjoy scenic views from their large balconies.
Unit sizes range from 650 to 1,110 square feet. There are one and two-bedroom configurations available. Prices for units range from $205,000 to $210,000. The lowest sold price in the last year was about $169,000. The average price per square foot stands at $234, reflecting good value in the area.
This building has several amenities that support daily living. An elevator services all floors, ensuring easy access. Each floor includes coin-operated laundry facilities. Common areas encourage social interaction, promoting a community spirit. There’s also an exercise room and a library for leisure activities.
The location is convenient for shopping and dining. Popular nearby restaurants include Tess Down Home Bar-B-Que, Mojo's Good Eats, and Dan's Pizza. Just a short drive away, expressways like I-355 allow for quick travel. Belmont Metra station is nearby, providing easy access to public transport.
Security is a priority with an intercom system that enhances safety. The building also has a covered porch and designated service elevators. Landscaped grounds and a courtyard offer a relaxing environment for residents. Overall, this property combines comfortable living with a vibrant community atmosphere in a prime location.
5540 Walnut Ave Market Stats Last 12 months
Avg. Listed Price$189,877($231/Sqft.)
Avg. Sale Price$191,223($234/Sqft.)
Year over year list price72.62%
Year over year sale price40.60%
Total Listings13 Listed
Total sold9 Sold
Average Days on Market58 days
Average HOA fees per sqft$5 /monthly
Market Stats
Year over year list price72.62%
Year over year sale price40.60%
Total Listings13 Listed
Total sold9 Sold
Average Days on Market58 days
Average HOA fees per sqft$5 /monthly
Glen Gardens Estate Availability & Demand
Unit Availability
High
High availability buildings list units frequently.
Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.
Unit Demand
Medium
Units in high-demand buildings sell quicker.
Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.
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.
Amenities Description
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(s)
Central AC
Pool
Fitness Center
Visitors Parking
Amenities
Elevator(s)
Exercise Room
Security
Security Door Lock(s)
Laundry
Coin Laundry
Patio
Receiving Room
Workshop Area
Party Room
Storage
Covered Porch
Service Elevator(s)
Wheelchair Accessible
Balcony
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 Allowed
BBQ Permitted
Sublet Allowed
Short-term Rental Allowed
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.
5300 Walnut Ave
$208/sqft.
$4 /sqft.
Nearby Schools
5540 Walnut Ave is situated close to local schools in , Downers Grove. Nearby educational institutions within 2 miles support daily convenience. Families enjoy improved accessibility and reduced commute stress. This location promotes a family-oriented environment.
The Bridge High School
--
Private|Grades 10–12
2318 Wisconsin Ave|0.56 miles away
Lisle Elementary School
A
Public|Grades PK–5
5801 Westview Ln|0.67 miles away
Henry Puffer School
B
Public|Grades PK–6
2220 Haddow Ave|0.96 miles away
Lisle Jr High School
B+
Public|Grades 6–8
5207 Center Ave|0.97 miles away
St Joan of Arc
--
Private|Grades PK–8
4913 Columbia Ave|1.03 miles away
Willow Creek Elementary School
B+
Public|Grades KG–6
2901 Jackson Dr|1.04 miles away
Schools
What to know about schools
Description
5540 Walnut Ave is situated close to local schools in , Downers Grove. Nearby educational institutions within 2 miles support daily convenience. Families enjoy improved accessibility and reduced commute stress. This location promotes a family-oriented environment.
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|Less than 1 Mile Away
Lisle Jr High School
B+
Public|Grades 6–8
5207 Center Ave|Less than 1 Mile Away
St Joan of Arc
--
Private|Grades PK–8
4913 Columbia Ave|1.03 Miles Away
Willow Creek Elementary School
B+
Public|Grades KG–6
2901 Jackson Dr|1.04 Miles Away
Downers Grove Adventist School
--
Private|Grades PK–8
5524 Lee Ave|1.28 Miles Away
Abraxas Naperville Bridge
--
Private|Grades 10–12
2221 64th St|1.56 Miles Away
Indian Trail Elementary School
C+
Public|Grades PK–6
6235 Stonewall Ave|1.60 Miles Away
Lisle High School
A
Public|Grades 9–12
1800 Short St|1.64 Miles Away
Meadowview Elementary School
A-
Public|Grades PK–6
2525 Mitchell Dr|1.66 Miles Away
Avery Coonley School
--
Private|Grades PK–8
1400 Maple Ave Ste...|1.70 Miles Away
Hillcrest Elementary School
B+
Public|Grades PK–6
1435 Jefferson Ave|1.76 Miles Away
Goodrich Elementary School
C-
Public|Grades PK–6
3450 Hobson Rd|1.97 Miles Away
Transit
Set in , 5540 Walnut Ave provides residents with convenient access to public transit across Downers Grove. Multiple Bus, Rail are available within 2 miles, offering seamless daily travel options. Efficient transit connections support work, education, and lifestyle needs. This transit-rich area contributes to a balanced and connected living experience.
1011 Warrenville Rd
1.63 miles away|32 min walk
2321 Ogden Ave
1.28 miles away|25 min walk
63rd St & Belmont Rd
1.38 miles away|27 min walk
63rd St & Leonard Ave
1.32 miles away|26 min walk
63rd St & Pershing St
1.49 miles away|29 min walk
63rd St & Springside Ave
1.82 miles away|35 min walk
Transit
What to know about transit
Description
Set in , 5540 Walnut Ave provides residents with convenient access to public transit across Downers Grove. Multiple Bus, Rail are available within 2 miles, offering seamless daily travel options. Efficient transit connections support work, education, and lifestyle needs. This transit-rich area contributes to a balanced and connected living experience.
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