$5,224

closing credit¹

519 Madison Ln Elgin, IL 60123

$439,900
3 beds
2 full
2,092 sqft
$210 / sqft
House

Property details

About 519 Madison Ln

RANCH SINGLE FAMILY HOME WITH ENGLISH BASEMENT located in prestigious Madison Homes, an easy living, self-managed community. Meticulously maintained home with new roof, new hot water heater, new Stainless Steel dishwasher and new driveway. The spacious open floor plan includes 9 ft ceilings. The home offers a huge family room with a gas fireplace and butler's pantry adjacent to a formal separate dining room. The kitchen is an entertainer's dream featuring 42" upper cabinets, ample countertop space & large breakfast room. The kitchen patio sliding glass door opens to a large recently refinished deck overlooking the expansive, professionally landscaped greenspace, perfect for privacy. The primary bedroom offers a huge en-suite bathroom with jetted tub below a palladium window & double vanity, walk-in seated shower & walk-in closet. The 2nd full bathroom includes a high-tech (27K) Safe Step jacuzzi bathtub that features a shower attachment, audio, LED lights, jets, and aromatherapy. 1st floor laundry room with utility sink & double door coat closet has convenient direct access to the deep 2-car attached garage. The bright and sunny English basement with large above ground windows and 9ft ceilings boasts an additional 2,092 sqft (bringing the home's total sqft to 4,184) offering options for storage or future finishing. New ejector sump pump (2K) 2024. Assessments include snow removal, lawn care, exterior maintenance and common insurance, assuring a carefree lifestyle!

Highlights

Home typeSingle Family Residence
HeatingNatural Gas, Forced Air
StatusActive
CoolingCentral Air
Size2,092 sqft
BasementYes
Year built2006
MLS #12267606
Attached garage2 spaces
FireplaceGas Log, Gas Starter

Summary

  • MLS Number: 12267606
  • MLS Name: MRED
  • Office Name: Coldwell Banker Realty
  • Office Phone: (630) 954-4600
  • Listing Agent: Lisa Zeller-O'Malley

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

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view of front facade with a front lawn and a garage

$439,900

519 Madison Ln

$5,224

closing credit¹

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Price information

Property sales

DateEventPrice
Aug 15, 2017
Home Sold
$245,500
Nov 28, 2007
Home Sold
$282,500

Tax history

YearAssessmentProperty Tax
2023$116,753$8,588
2022$106,459$8,277
2021$99,532$7,898
2020$95,018$6,773
2019$90,511$7,342
2018$85,267$8,087
2017$80,608$8,087

History based on county public records data.

Nearby schools

4

Creekside Elementary School

Public District KG-6

0.5 mi

655 N Airlite St

3

Hillcrest Elementary School

Public District KG-6

0.6 mi

80 N Airlite St

3

Highland Elementary School

Public District KG-6

1.2 mi

190 N Melrose Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $78,268. Most Elgin, IL residents have annual incomes between $35k-100k. Residents typically live in married, no kids family. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

19%
<35k
50%
35k-100k
22%
100k-200k
9%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

33%
Single, No Kids
7%
Single, with Kids
36%
Married, No Kids
24%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
8%
12-17 yrs old
20%
18-34 yrs old
43%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

  • Symphony or OperaSymphony or Opera
  • SoccerSoccer
  • College BasketballCollege Basketball

Where do the neighbors shop?

  • Chico'sChico's
  • BurlingtonBurlington
  • DillardsDillards

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • WingstopWingstop
  • Logan's RoadhouseLogan's Roadhouse

What do the neighbors drive?

  • VolvoVolvo
  • NissanNissan
  • HyundaiHyundai

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • Christian Adult ContemporaryChristian Adult Contemporary
  • RockRock
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Elgin, IL

About 519 Madison Ln

This home is located at 519 Madison Ln in Elgin, IL and zip code 60123. This 2,092 square foot home was built in 2006. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 9, 2025 and is currently priced at $439,900.

In December 2024 more than 23 listings in Elgin, IL were sold above the asking price. During the same period more than 16 listings were sold at asking price, while more than 38 were sold below. The number of homes for sale in Elgin, IL decreased by 14.4% between November and December 2024. In December 2024 median list price was $330,311 and the average listing age was 18 days.

From Rocket Homes Real Estate and based on county public records data.

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