Closed

$330,000

514 Madison Lane, Elgin, IL 60123
2 Beds3 Baths1,000 sqft122 days
514 Madison Lane·Elgin, IL 60123
2Bedrooms
3Bathrooms
1,000Sq Ft
2005Year Built
About This Home

Welcome to this spacious and well-maintained 2-bedroom, 2.5-bath townhome, perfect for comfortable living and effortless entertaining. Step inside to find an inviting main level featuring a modern kitchen with ample cabinet space, and an eating area. Open dining room with abundance of natural light flowing into family room with gas fireplace. A convenient half-bath completes the main floor. Upstairs, you'll find a loft plus two generously sized bedrooms, each with its own en-suite full bathroom-ideal for privacy and relaxation. The primary suite boasts a large closet and plenty of natural light. Downstairs, the full basement offers endless potential. Partially finished, it includes a versatile flex space that can be used as a family room, home office, gym, or hobby area. The unfinished portion provides ample storage or the opportunity to expand your living space. Additional highlights include in-unit laundry, dedicated parking, and a private outdoor area perfect for relaxing or grilling. Located in a quiet community with easy access to shopping, dining, and commuter routes, this townhome is a must-see!

MLS# 12387736Listed June 18, 2025ResidentialSubdivision: Madison Homes
Property Details

Beds & Baths

Total Bedrooms2
Total Bathrooms3
Full Baths2
Half Baths1
Total Rooms7

Size & Structure

Living Area1,000 sqft
Stories2
Garage Spaces2
Fireplaces1
Year Built2005
Lot Size28X77X30X77

Location

CountyKane
TownshipElgin
SubdivisionMadison Homes
Zip Code60123

Financial

List Price$330,000
Price / Sq Ft$330
Annual Taxes (2024)$6,195
Monthly Tax Est.$516
Parcel #0609376030
Interior Features

Appliances

RangeMicrowaveDishwasherRefrigeratorWasherDryer

Heating

Natural GasForced Air

Cooling

Central Air

Basement

Partially FinishedFull

Laundry

In UnitSink

Fireplace

Gas Starter
Exterior & Lot

Construction

Vinyl SidingBrick

Roof

Asphalt

Foundation

Concrete Perimeter

Patio & Porch

Deck
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Electric

Circuit Breakers

Parking

AsphaltGarage Door OpenerYesAttachedGarage
HOA & Community
HOA Fee
$260
Monthly

HOA Includes

InsuranceExterior MaintenanceLawn CareSnow Removal
Schools
Elementary
Creekside Elementary School
District: 46
Middle School
Kimball Middle School
District: 46
High School
Larkin High School
District: 46
Tax & Financial
Annual Taxes
$6,195
Tax Year 2024
Monthly Tax Est.
$516
per month
Price per Sq Ft
$330
per square foot
Property Location

514 Madison Lane, Elgin, IL 60123 — Kane County

$330,000
$330 / sqft
514 Madison Lane
2 bd3 ba1,000 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
122 days on market
2-car garage
1 fireplace
28X77X30X77
$6,195/yr taxes
$260 HOA (monthly)
$2,511
estimated monthly payment
Principal & Interest
$1,734/mo
Property Tax
$516/mo
HOA
$260/mo
$330,000
20% — $66,000
3%50%
6.875%
3%12%
Loan Amount
$264,000
Down Payment
$66,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
HomeSmart Connect, LLC.
Agent: Melissa Roll
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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