516 Madison Lane
Elgin, IL 60123
Map
- 2 beds
- 3 baths
- 1,783 sqft
- 2,288 sqft lot
- $190 per sqft
- 2005 build
- – on site
Move right into this beautifully maintained and updated townhome featuring 2 bedrooms, 2.5 bathrooms, and a spacious loft that can easily be converted into a third bedroom. The soaring ceilings and open-concept layout create a bright and airy atmosphere, seamlessly connecting the living room with cozy fireplace, dining area, eat-in space, and kitchen-perfect for both entertaining and everyday living. You'll love the luxury vinyl flooring, updated bathrooms, and the primary suite complete with a walk-in closet and private ensuite bath. The full unfinished basement offers endless possibilities to add additional living space or create your dream rec room. Enjoy the convenience of a 2-car garage and a location that's equidistant to Route 20 and I-90 for easy commuting. Just minutes to all the shopping, dining, and amenities along Randall Road-this one truly has it all and won't last long!
Last checked:
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Last updated Jul 15, 2025
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MLS# 12407605 —
The Building
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Year Built:2005
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Rebuilt:No
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New Construction:false
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Construction Materials:Aluminum Siding, Brick
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Model:BIRCH
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Roof:Asphalt
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Basement:Unfinished, Full
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Foundation Details:Concrete Perimeter
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Window Features:Blinds
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Patio And Porch Features:Deck
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Disability Access:No
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Other Equipment:Ceiling Fan(s), Sump Pump
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Stories Total:2
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Living Area Source:Assessor
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Entry Level:1
Interior
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Room Type:Loft, Breakfast Room, Walk In Closet, Foyer
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Rooms Total:7
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Interior Features:Vaulted Ceiling(s), Cathedral Ceiling(s), Walk-In Closet(s), Open Floorplan
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Door Features:Sliding Doors,6 Panel Door(s),Sliding Glass Door(s)
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Fireplaces Total:1
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Fireplace Features:Gas Log
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Fireplace Location:Living Room
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Laundry Features:Main Level, Washer Hookup, In Unit
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Flooring:Laminate
Room Dimensions
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Living Area:1783
Location
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Directions:RANDALL N OF RT 20 TO HIGHLAND EAST TO MADISON NORTH TO HOME #516
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Location:85464
The Property
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Parcel Number:0609376035
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Property Type:Residential
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Lot Features:Common Grounds
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Lot Size Dimensions:26X88
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Rural:N
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Waterfront:false
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Additional Parcels:false
Listing Agent
- Contact info:
- Agent phone:
- (630) 399-0356
- Office phone:
- (224) 699-5002
Taxes
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Tax Year:2023
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Tax Annual Amount:6511.54
Beds
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Bedrooms Total:2
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Bedrooms Possible:2
Baths
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Baths:3
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Full Baths:2
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Half Baths:1
The Listing
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Virtual Tour Unbranded:
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Special Listing Conditions:None
Heating & Cooling
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Heating:Natural Gas, Forced Air
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Cooling:Central Air
Utilities
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Sewer:Public Sewer
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Electric:Circuit Breakers
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Water Source:Public
Appliances
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Appliances:Microwave, Washer, Dryer, Stainless Steel Appliance(s)
Schools
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Elementary School:Creekside Elementary School
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Elementary School District:46
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Middle Or Junior School:Kimball Middle School
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Middle Or Junior School District:46
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High School:Larkin High School
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High School District:46
The Community
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Subdivision Name:Madison Homes
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Pets Allowed:Cats OK, Dogs OK
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Association Fee:260
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Association Fee Includes:Insurance, Exterior Maintenance, Lawn Care, Snow Removal
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Association Fee Frequency:Monthly
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Master Assoc Fee Frequency:Not Required
Parking
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Parking Total:2
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Parking Features:Asphalt, Garage Door Opener, On Site, Garage Owned, Attached, Garage
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Garage Spaces:2
Extra Units
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Other Structures:None
Monthly cost estimate
Asking price
$339,900
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,820
|
| Taxes | $542 |
| Insurance | $93 |
| HOA fees | $260 |
| Utilities | $136 See report |
| Total | $2,851/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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7/15/25
Jul 15, 2025
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Price Changed | MRED | $339,900 | -2.9% |
|
7/3/25
Jul 3, 2025
|
Listed / Active | MRED | $349,900 | 53.8% (3.0% / YR) |
|
7/21/07
Jul 21, 2007
|
MRED | $227,500 |
