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5540 Walnut Ave

5540 Walnut Ave, Downers Grove, IL, 60515

CameoCommunity
YearBuilt

Year Built

1967

Stories

# Stories

4

#TotalUnits

# Total Units

93
UnitSizeRange

Unit Size Range

650-1,080 sqft

UnitDemand

Unit Demand

Stories

Low

UnitAvailability

Unit Availability

Stories

Low

Building Description

5540 Walnut Ave is a four-story condominium building constructed in 1967, offering 1 and 2-bedroom units. Located at 5540 Walnut Ave, Downers Grove, IL 60515, the property combines functional living spaces with an array of amenities. Residents benefit from an exercise room and a shared laundry facility, promoting convenience and an active lifestyle. The building features intercom access and service elevators, ensuring ease of use for all residents. Additional communal spaces include a party room ideal for gatherings, a receiving room, and a workshop area, catering to varied interests and activities. Outdoor spaces include a covered porch and a patio, providing options for relaxation or social interaction. Designed with accessibility in mind, the property is wheelchair-oriented and equipped with elevators. Unit prices range from $165,000 to $185,000, offering a competitive price point within the real estate market. While no specific neighborhood is designated, the building enjoys close proximity to urban amenities, combining suburban tranquility with nearby retail and dining options.

Amenities

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

Building Policies

Pet AllowedPet 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
$206,667 ($227/Sqft.)
Year-Over-Year List Price
Up Arrow 0.38%
Total Listings
Listings3
Avg. Days On Market
Calendar66
Avg. Sale Price
$185,000 ($232/Sqft.)
Year-Over-Year Sale Price
Up Arrow 0.25%
Total Sold
Sold1
Avg. HOA Fees/Sqft
$3 /monthly

About 5540 Walnut Ave

Condo Living at 5540 Walnut Ave, located at 5540 WALNUT AVE, DOWNERS GROVE, IL:

Welcome to 5540 Walnut Ave, a charming condo building nestled in the heart of Downers Grove, Illinois! Built in 1967, this four-story gem offers a cozy yet vibrant living experience perfect for first-time buyers. With a total of 93 units, this building provides a tight-knit community feel, ideal for those looking to plant their roots in a friendly neighborhood. If you’re on the hunt for your first place, 5540 Walnut is a wonderful option that balances comfort and convenience.

Building Features and Unit Availability:

As a first-time buyer, understanding your options is key, and you’ll find that 5540 Walnut Ave has a mix of unit sizes ranging from 650 to 1080 square feet. Currently, the availability of units is low, which means the demand can be a bit tricky, but that’s not unusual in this welcoming community. The distinct character of 5540 Walnut Ave shines through its well-designed layouts and the opportunity to create a home that reflects your unique style.

Amenities You'll Love:

One of the best parts about condo living is the amenities, and 5540 Walnut does not disappoint! You’ll appreciate the exercise room, perfect for keeping fit without having to venture too far from home. Plus, there’s a party room for those moments when you want to entertain friends or just relax with neighbors. An intercom system adds a layer of convenience, while the laundry facilities and receiving room ensure that everyday tasks are manageable. Whether you’re out on the patio enjoying the sun or working on projects in the workshop area, these amenities are designed with your lifestyle in mind.

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Contact
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300 Galleria Pkwy SE, Suite 1500,
Atlanta, GA 30339
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(855) 625-0319
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Berkshire Hathaway Starck Real Estate

Paul Ambrogio

Serving Chicago and all of Northern IL

13300 IL RT 47

Huntley, Illinois 60142

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847-668-3774

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