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527 Madison Ln; Elgin, IL Property Details

527 Madison Ln, Elgin, IL is a Single Family that was built in 2006. This property is currently a cash purchase and is not for sale. Our records show that 527 Madison Ln has 3 bedrooms, and 2 bathrooms, and a total of 2,083 square feet. The lot size of 527 Madison Ln is 4,792 square feet.

Off market
527 Madison Ln Elgin, IL 60123
$140,310 Estimated Value
3 Beds
2 Baths
2,083 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Mixed
  • Owner Status: Mixed
  • Year Built: 2006
  • Purchase Price: $220,000
  • Est. Equity / %: $449,000 / 100%
  • Gross Yield: 9.063%
  • APN: 06-09-453-064
  • Situs County: Kane
  • Length Of Ownership: 15 years, 3 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: $105.62

Legal Description

  • Description: MADISON HOMES OF ELGIN SUB LOT 13
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: 42.044075 / -88.33055
  • 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

527 Madison Ln has no associated ownership info
527 Madison Ln has no associated ownership info.

Taxes

527 Madison Ln has 8 associated Taxes items

527 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 $140,310. The APN we've located for 527 Madison Ln is 06-09-453-064.

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Taxes
  • Assessed Value:  $140,310
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-09-453-064
  • Assessed Land Value:  34594
  • Market Land Value:  103824
  • Market Value:  421098
  • Market Year:  2025

Tax History

527 Madison Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $140,310 Land Value $34,594 Improvement Value $105,716 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $129,234 Land Value $31,863 Improvement Value $97,371 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $116,753 Land Value $28,786 Improvement Value $87,967 Tax Amount Change Rate Assessed CR Tax Rate
Year 2022 Assessed Value $106,459 Land Value $26,248 Improvement Value $80,211 Tax Amount Change Rate Assessed CR Tax Rate
Year 2021 Assessed Value $99,532 Land Value $24,540 Improvement Value $74,992 Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $95,018 Land Value $23,427 Improvement Value $71,591 Tax Amount Change Rate Assessed CR Tax Rate
Year 2019 Assessed Value $90,511 Land Value $22,316 Improvement Value $68,195 Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $85,267 Land Value $21,023 Improvement Value $64,244 Tax Amount Change Rate Assessed CR Tax Rate
Year 2017 Assessed Value $80,608 Land Value $19,874 Improvement Value $60,734 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $74,783 Land Value $18,438 Improvement Value $56,345 Tax Amount $7,975.61 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $68,545 Land Value $16,900 Improvement Value $51,645 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