5300 Walnut Ave

About 5300 Walnut Ave

5300 Walnut Ave sits on Walnut Avenue near 53rd Street in Downers Grove. The building is a 5-story mid-rise all-brick condo with 99 units. The structure was built in 1967. The community is 55+ and active adult. No pets and no rentals are allowed. The East Branch DuPage River runs nearby. Units have 1, 2, and 3 bedrooms and range from 650 to 1,285 sq ft. Many units have private balconies or patios with treetop views. Laundry facilities and storage lockers are on each floor. Assigned private garages are available and carry separate assessments or fees. Off-street outdoor parking is also on site. Shared amenities include an exercise/fitness room, a game room with billiards, ping-pong and air hockey, a library, a craft room, and a party room that often has a kitchen. The building has an intercom and a receiving room. Elevator service includes passenger elevators and a service elevator. Wheelchair orientation and building-wide accessibility improvements support mobility. Construction is Flexicore with concrete between floors. Secure entry uses fob or key-less access. Security lighting covers common areas. Common center gathering areas sit on each floor for socializing. The grounds include a courtyard with manicured lawns and mature trees. Low taxes and modest assessments keep carrying costs reasonable. Recent market activity shows a lowest sale around $145,000 in the last 12 months. The average closed price is $178,417 and the average price per sq ft is $208. Typical time on market is 61 days. The building sits near the Belmont/Downers Grove Metra station and close to I-355, I-88, I-55 and Rt 53. Nearby dining includes Tess Down Home Bar-B-Que, Mojo's Good Eats, and Dan's Pizza. The building is 100% owner-occupied and has an active resident social life with a daily group chat.