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Back 4A/5540 Walnut Avenue
Off Market

4A/5540 Walnut Avenue

Downers Grove IL 60515

1
1
2
655 sq. ft.
Condo
Last sold for $177,000
Elizabeth HansonElizabeth Hanson, last sold this property on 24 November 2025 after 48 days on market.

Overview

Active Adult Community in Downers Grove! This wonderful 2nd-floor condo has been completely redone and features new waterproof wood laminate flooring throughout. Enjoy a stunning kitchen remodel completed in 2023, which includes new cabinets, Corian white countertops, and a deep stainless steel sink, new stove 2025. The beautiful new bath, updated in 2021, boasts a step-in shower with handicap bars and a convenient linen closet. The living room opens to a private balcony, perfect for relaxing and enjoying the outdoors. Improvements include a new patio door and window added in 2022, along with a new furnace and central air. Detached garage #88 comes with a new garage door installed in 2023, providing secure parking. There's also a storage closet in the hallway for your convenience. The community offers a library, party room, exercise room, game room, and multiple open areas on each floor, enhancing your lifestyle. With low taxes and a new roof on the building, you'll have peace of mind. You'll be just steps away from the laundry room parking and elevator. The garage assessment is $330 per year, with garage taxes at $295 for 2024. The condo assessment is $510 every three months (equivalent to $170 per month). This home is move-in ready!

Features

1 bedroom
1 bathroom
2 carspaces
1 garage space
655 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 1 bedroom condos sold in Downers Grove over the last 12 months, the estimated median property value of 4A/5540 Walnut Avenue is $169k.

Median value
$169k
Estimated value range
$138k - $431k
Median days on market
7
Estimated value trend
6%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Downers Grove. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 4A/5540 Walnut Avenue

2025
Sold
$177,000
24 Nov 2025 by Elizabeth Hanson, of Baird & Warner
2022
Sold
Undisclosed
01 Jul 2022 by Elizabeth Hanson, of Baird & Warner Downers Grove
2007
Sold
$110,000
26 Mar 2007 by Catherine Allen, of Coldwell Banker Residential

Happy sellers in Downers Grove

100%
100% of sellers in Downers Grove reported that their sale price either exceeded or met their price expectations.

Downers Grove stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Downers Grove over the last 12 months.

Local market activity for 1 bedroom condos in Downers Grove

In the last 12 months, 29 one-bedroom condos similar to 4A/5540 Walnut Avenue, have been sold.

This represents a 7% decrease in one-bedroom condos sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Downers Grove

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Mary Braatz

Sellers who recommend Mary Braatz have praised them for being local expert, responsive, clear communication, reliable, supportive, patient, and friendly

  •   5   (128 reviews)
  •  2 Reviews in Downers Grove
  •  4 Sales in Downers Grove
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Hileary Cleary

Hileary Cleary is a recommended agent for Downers Grove.  They have 3 local sales and collected 2 local reviews across the last 12 months.

  •   5   (5 reviews)
  •  2 Reviews in Downers Grove
  •  3 Sales in Downers Grove
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Linda Feinstein

Sellers who recommend Linda Feinstein have praised them for being local expert, responsive, reliable, clear communication, supportive, detail-oriented, and great negotiation

  •   5   (132 reviews)
  •  1 Review in Downers Grove
  •  3 Sales in Downers Grove
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Dave & Candy Goddard

Sellers who recommend Dave & Candy Goddard have praised them for being local expert, clear communication, responsive, supportive, friendly, dedicated, and honest

  •   5   (208 reviews)
  •  1 Review in Downers Grove
  •  1 Sale in Downers Grove
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