Large Location Icon

536 Madison Ln; Elgin, IL Property Details

536 Madison Ln, Elgin, IL is a Single Family that was built in 2005. This property is currently Financed and is not for sale. Our records show that 536 Madison Ln has 2 bedrooms, and 2.5 bathrooms, and a total of 1,783 square feet. The lot size of 536 Madison Ln is 2,028 square feet.

Off market
536 Madison Ln Elgin, IL 60123
$290,000 Listing Price
2 Beds
2.5 Baths
1,783 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2005
  • Purchase Price: $290,000
  • Open Loans / Balance: 1 / $266,760
  • Est. Equity / %: $70,240 / 20.84%
  • Gross Yield: 10.166%
  • APN: 06-09-453-073
  • Situs County: Kane
  • Length Of Ownership: 3 years, 2 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2

Measurements

  • Total: 1,783/SqFt
  • Lot: 2,028/SqFt
  • Gross: 2,734/SqFt
  • Living: 1,783/SqFt
  • Basement: 951/SqFt
  • Building: 2,734/SqFt
  • Price Per Square Foot: $162.65

Legal Description

  • Description: MADISON HOMES OF ELGIN SUB LOT 3 AS DESC IN DOC 2006K097816
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: 42.044643 / -88.33102
  • 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

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

Taxes

536 Madison Ln has 10 associated Taxes items

536 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 $102,343. The APN we've located for 536 Madison Ln is 06-09-453-073.

Unlock the full report
Taxes
  • Assessed Value:  $102,343
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-09-453-073
  • Assessed Land Value:  28236
  • Market Land Value:  84742
  • Tax Amount:  7197.5
  • Tax Year:  2025
  • Market Value:  307152
  • Market Year:  2025

Tax History

536 Madison Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $102,343 Land Value $28,236 Improvement Value $74,107 Tax Amount $7,197.5 Change Rate Assessed CR Tax Rate +0.070327%
Year 2024 Assessed Value $94,264 Land Value $26,007 Improvement Value $68,257 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $85,160 Land Value $23,495 Improvement Value $61,665 Tax Amount $7,259.48 Change Rate +0.078159% Assessed CR Tax Rate +0.085245%
Year 2022 Assessed Value $77,651 Land Value $21,423 Improvement Value $56,228 Tax Amount $6,733.22 Change Rate +0.039562% Assessed CR Tax Rate +0.086711%
Year 2021 Assessed Value $72,598 Land Value $20,029 Improvement Value $52,569 Tax Amount $6,476.98 Change Rate +0.024683% Assessed CR Tax Rate +0.089217%
Year 2020 Assessed Value $69,306 Land Value $19,121 Improvement Value $50,185 Tax Amount $6,320.96 Change Rate +0.025151% Assessed CR Tax Rate +0.091204%
Year 2019 Assessed Value $66,018 Land Value $18,214 Improvement Value $47,804 Tax Amount $6,165.88 Change Rate -0.056566% Assessed CR Tax Rate +0.093397%
Year 2018 Assessed Value $66,656 Land Value $17,159 Improvement Value $49,497 Tax Amount $6,535.57 Change Rate -0.989916% Assessed CR Tax Rate +0.098049%
Year 2017 Assessed Value $63,013 Land Value $16,221 Improvement Value $46,792 Tax Amount $648,111.69 Change Rate +102.95318% Assessed CR Tax Rate +10.285365%
Year 2016 Assessed Value $58,459 Land Value $15,049 Improvement Value $43,410 Tax Amount $6,234.65 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $53,583 Land Value $13,794 Improvement Value $39,789 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $46,346 Land Value $13,624 Improvement Value $32,722 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $47,568 Land Value $13,983 Improvement Value $33,585 Tax Amount Change Rate Assessed CR Tax Rate