See Home Value
$389,000
● House - Off Market

558 Madison Lane

Elgin, IL 60123
bedrooms
2 Beds
bathrooms
3 Baths
square feet
1,600 Ft²
$2,171
Est. Monthly
$260
HOA / Fees
5.68%
Cap Rate

About This Property

Welcome to The Villas at Madison Lane, a stunning new construction community perfectly situated in Elgin! This home is completed with drywall, giving you the unique opportunity to personalize the interior finishes to match your style-choose your cabinets, countertops, tile, flooring, appliances, and more! This highly sought-after Ranch Duplex with an English Basement features 3 bedrooms, 3 full bathrooms, and 1,600 square feet of beautifully designed, open-concept living space. Step inside to be greeted by an abundance of natural light and soaring 9' ceilings throughout the main level. The heart of the home is the kitchen, where you can bring your dream space to life by selecting your ideal finishes. A large eat-in island seamlessly connects to the carpeted family room, creating the perfect setup for entertaining or enjoying everyday moments. The spacious primary suite serves as a serene retreat, complete with a large walk-in closet and a spa-like en-suite bathroom featuring a double sink vanity, a walk-in shower, and the opportunity to add your choice of stunning upgrades. A versatile carpeted secondary bedroom, a full hall bathroom, and a generously sized laundry/mudroom complete the main level. Step outside onto the spacious deck, the ideal spot to relax and enjoy views of the backyard. The fully finished English/Lookout basement is filled with natural light and offers incredible flexibility. It includes a third carpeted bedroom, a full bathroom, and an additional living area-perfect for a home gym, recreation room, or entertainment space. Located just minutes from major expressways, shopping, dining, grocery stores, and more, this property combines convenience with modern luxury. Don't miss this incredible opportunity-schedule your tour today!
Unit Size
1,600 Ft²
Days on Market
-
Land Size
-
Price per sqft
$243
Property Type
House
Property Taxes
-
HOA Dues
$260
Year Built
-

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Property Highlights

Garage
Air Conditioning
With View
Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,326
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: MADISON HOMES OF ELGIN SUB
  • Land Acres: 0000000260
  • Standard Land Use Code: 8010
  • County Land Use Code: 0032
  • State Land Use Code: 0032
  • Legal Description 1: MADISON HOMES OF ELGIN SUB LOT 5

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 851909

Geography

  • Parcel: 06-09-376-027
  • Lot: 5
  • Municipality: ELGIN
  • Latitude: 42.0455
  • Longitude: -88.3316

    Address

  • Full Address: 558 Madison Ln
  • Address - House Number: 558
  • Address - Street Name: Madison
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Elgin
  • Carrier Code: C077
  • 4-Digit Zip Code: 2537
  • Zip Code: 60123

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $20,420
  • Tax Rate Code Area: EL016

    Market Valuation

  • Market Total Value: $7,068
  • Market Land Value: $7,068

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,355
  • Assessed Land Value: $2,355

    Sales

  • Current Sale Contract Date: Feb 15, 2023
  • Current Sale Recording Date: Mar 08, 2023
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 7031
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Northwest Elgin


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Frequently Asked Questions

When was property at 558 Madison Lane built and last sold?
The property at 558 Madison Lane was built in and last sold on Feb 15, 2023 for $167,000.
How much is this home worth?
The estimated value of the home located at 558 Madison Lane is $0.
What are some comparable homes to 558 Madison Lane?
There are currently no comparable homes to 558 Madison Lane.