Taxes
- Assessed Value: $144,102
- Assessed Year: 2025
- Assessed County: Kane
- APN: 06-09-453-065
- Assessed Land Value: 34594
- Market Land Value: 103824
- Tax Amount: 9773
- Tax Year: 2025
- Market Value: 432479
- Market Year: 2025
523 Madison Ln; Elgin, IL Property Details
Off market
523 Madison Ln Elgin, IL 60123
$113,500 Listing Price
3 Beds
2 Baths
2,083 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 2005
- Purchase Price: $113,500
- Open Loans / Balance: 1 / $139,317
- Est. Equity / %: $295,683 / 67.97%
- Gross Yield: 9.603%
- APN: 06-09-453-065
- Situs County: Kane
- Length Of Ownership: 11 years, 6 months
Rooms
- Bedrooms: 3
- Bathrooms: 2
- Full Bathrooms: 2
- Total Rooms: 6
Structure
- Building Style: Frame
- Stories: 1
Measurements
- Total: 2,083/SqFt
- Lot: 4,792/SqFt
- Gross: 4,166/SqFt
- Living: 2,083/SqFt
- Basement: 2,083/SqFt
- Building: 4,166/SqFt
- Ground: 2,083/SqFt
- Price Per Square Foot: $54.49
Legal Description
- Description: MADISON HOMES OF ELGIN SUB LOT 14
Building Insights
Land Information
- Property Type: Single Family
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: School District U-46
- Lat / Lon: 42.04391 / -88.3307
- Subdivision: Madison Homes Of Elgin Sub
- Property Class: Residential
- County Use Code: 0040
Amenities
- Plus Four: 2537
- Cooling: Yes
- Fireplaces: 1
- Garage: Attached Garage
- Parking: 2
HOA
- H O A One: $275
- H O A Amount: $275
- H O A One Frequency: Monthly
- H O A One Name: Madison Homes Property Owners Assoc Of Elgin Inc
- H O A One Type: Home Owner Association
Ownership Info
523 Madison Ln has no associated ownership info
523 Madison Ln has no associated ownership info.
Taxes
523 Madison Ln has 10 associated Taxes items
523 Madison Ln, Elgin, IL pays taxes in Kane County, IL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $144,102. The APN we've located for 523 Madison Ln is 06-09-453-065.
Unlock the full reportTax History
523 Madison Ln has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $144,102 | Land Value $34,594 | Improvement Value $109,508 | Tax Amount $9,773 | Change Rate | Assessed CR | Tax Rate +0.06782% |
| Year 2024 | Assessed Value $132,727 | Land Value $31,863 | Improvement Value $100,864 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $119,909 | Land Value $28,786 | Improvement Value $91,123 | Tax Amount $8,857.74 | Change Rate +0.038807% | Assessed CR | Tax Rate +0.073871% |
| Year 2022 | Assessed Value $109,336 | Land Value $26,248 | Improvement Value $83,088 | Tax Amount $8,526.84 | Change Rate +0.047719% | Assessed CR | Tax Rate +0.077987% |
| Year 2021 | Assessed Value $102,221 | Land Value $24,540 | Improvement Value $77,681 | Tax Amount $8,138.48 | Change Rate +0.030597% | Assessed CR | Tax Rate +0.079617% |
| Year 2020 | Assessed Value $97,585 | Land Value $23,427 | Improvement Value $74,158 | Tax Amount $7,896.86 | Change Rate +0.072963% | Assessed CR | Tax Rate +0.080923% |
| Year 2019 | Assessed Value $92,956 | Land Value $22,316 | Improvement Value $70,640 | Tax Amount $7,359.86 | Change Rate +0.024274% | Assessed CR | Tax Rate +0.079176% |
| Year 2018 | Assessed Value $87,570 | Land Value $21,023 | Improvement Value $66,547 | Tax Amount $7,185.44 | Change Rate -0.989872% | Assessed CR | Tax Rate +0.082054% |
| Year 2017 | Assessed Value $82,785 | Land Value $19,874 | Improvement Value $62,911 | Tax Amount $709,443.31 | Change Rate +85.61328% | Assessed CR | Tax Rate +8.569708% |
| Year 2016 | Assessed Value $76,802 | Land Value $18,438 | Improvement Value $58,364 | Tax Amount $8,190.93 | Change Rate | Assessed CR | Tax Rate +0.10665% |
| Year 2015 | Assessed Value $68,007 | Land Value $16,900 | Improvement Value $51,107 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $58,011 | Land Value $16,691 | Improvement Value $41,320 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2013 | Assessed Value $59,541 | Land Value $17,131 | Improvement Value $42,410 | Tax Amount | Change Rate | Assessed CR | Tax Rate |