Closed

$425,000

515 Madison Lane, Elgin, IL 60123
3 Beds2 Baths2,083 sqft34 days
515 Madison Lane·Elgin, IL 60123
3Bedrooms
2Bathrooms
2,083Sq Ft
2005Year Built
About This Home

Exceptional Value in this gorgeous brick and vinyl ranch home in the maintenance free community of Madison Homes! Gorgeous, open floorplan with 9 foot ceilings. Gourmet kitchen with 42" cabinets, under cabinet lighting and crown moulding, quartz countertops, peninsula with breakfast bar, black stainless steel LG appliances (2022), glass subway tiled backsplash and touch faucet. Huge eating area with sliding glass doors lead to your beautiful yard complimented with a deck, retractable awning, mature trees and professional landscaping. Butler's pantry with quartz countertop is adjacent to the formal dining room. Master Bedroom Suite includes a walk-in closet with closet storage shelving system and double sink vanity. A pocket door separates the awesome, huge bath with whirlpool tub, palladium window, separate shower and linen closet. The split 3 bedroom floor plan offers privacy. 2nd full bathroom with a linen closet. 1st floor laundry room with Kenmore washer & dryer (2016), utility sink, closet, cabinetry and countertop. Recessed lighting in the living room, kitchen, butler pantry, hall and master bath. Ceramic tile in the kitchen, bathrooms, foyer & laundry room. English basement with 9 foot ceilings. New Carrier A/C and Furnace (2025), radon mitigation system, 2 sump pumps. Newer roof (2022). Freshly cleaned carpeting. Enjoy a carefree lifestyle and we look forward to welcoming you to your new home!

MLS# 12485697Listed October 2, 2025ResidentialRanchSubdivision: Madison Homes
Property Details

Beds & Baths

Total Bedrooms3
Total Bathrooms2
Full Baths2
Half Baths0
Total Rooms7

Size & Structure

Living Area2,083 sqft
Garage Spaces2
Fireplaces1
Year Built2005
Lot Size0.110 acres

Location

CountyKane
TownshipElgin
SubdivisionMadison Homes
Zip Code60123

Financial

List Price$425,000
Price / Sq Ft$204
Annual Taxes (2024)$8,981
Monthly Tax Est.$748
Parcel #0609453067
Interior Features

Appliances

RangeMicrowaveDishwasherRefrigeratorWasherDryerDisposalStainless Steel Appliance(s)Gas OvenHumidifier

Flooring

Laminate

Heating

Natural GasForced Air

Cooling

Central Air

Basement

UnfinishedEgress Window9 ft + pourFullDaylight

Laundry

Main LevelElectric Dryer HookupLaundry ClosetSink

Fireplace

Gas LogGas Starter

Accessibility

Low Pile CarpetingNo Interior Steps
Exterior & Lot

Construction

Vinyl SidingBrick

Roof

Asphalt

Foundation

Concrete Perimeter

Patio & Porch

Deck

Lot Features

LandscapedMature Trees
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Electric

Circuit Breakers200+ Amp Service

Parking

AsphaltGarage Door OpenerGarageYesGarage OwnedAttached
HOA & Community
HOA Fee
$255
Monthly

HOA Includes

InsuranceExterior MaintenanceLawn CareSnow Removal

Community Features

ParkTennis Court(s)CurbsSidewalksStreet Lights
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
$8,981
Tax Year 2024
Monthly Tax Est.
$748
per month
Price per Sq Ft
$204
per square foot
Property Location

515 Madison Lane, Elgin, IL 60123 — Kane County

$425,000
$204 / sqft
515 Madison Lane
3 bd2 ba2,083 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
34 days on market
2-car garage
1 fireplace
0.110 acres
$8,981/yr taxes
$255 HOA (monthly)
$3,237
estimated monthly payment
Principal & Interest
$2,234/mo
Property Tax
$748/mo
HOA
$255/mo
$425,000
20% — $85,000
3%50%
6.875%
3%12%
Loan Amount
$340,000
Down Payment
$85,000

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

Listed by
Keller Williams Inspire
Agent: Eileen Kelsall
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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