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547 Madison Ln; Elgin, IL Property Details

547 Madison Ln, Elgin, IL is a Residential General that was built in 2024. This property is currently Cash Purchase,New Construction and is not for sale. Our records show that 547 Madison Ln has 3 bedrooms, and 2 bathrooms, and a total of 2,100 square feet. The lot size of 547 Madison Ln is 4,792 square feet.

Off market
547 Madison Ln Elgin, IL 60123
$519,900 Listing Price
3 Beds
2 Baths
2,100 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 2024
  • Purchase Price: $528,000
  • Est. Equity / %: $444,000 / 100%
  • APN: 06-09-453-059
  • Situs County: Kane
  • Length Of Ownership: 1 year, 1 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2

Measurements

  • Total: 2,100/SqFt
  • Lot: 4,792/SqFt
  • Price Per Square Foot: $251.43

Legal Description

  • Description: MADISON HOMES OF ELGIN SUB LOT 8
Building Insights

Land Information

  • Property Type: Residential General
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: School District U-46
  • Lat / Lon: 42.04505 / -88.33059
  • Subdivision: Madison Homes Of Elgin Sub
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 2537

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: Condo  Owner Association

Ownership Info

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

Taxes

547 Madison Ln has 10 associated Taxes items

547 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 $66,536. The APN we've located for 547 Madison Ln is 06-09-453-059.

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Taxes
  • Assessed Value:  $66,536
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-09-453-059
  • Assessed Land Value:  3104
  • Market Land Value:  9316
  • Tax Amount:  5076.08
  • Tax Year:  2025
  • Market Value:  199688
  • Market Year:  2025

Tax History

547 Madison Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $66,536 Land Value $3,104 Improvement Value $63,432 Tax Amount $5,076.08 Change Rate Assessed CR Tax Rate +0.076291%
Year 2024 Assessed Value $2,859 Land Value $2,859 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $2,583 Land Value $2,583 Improvement Value Tax Amount $220.2 Change Rate +0.078355% Assessed CR Tax Rate +0.08525%
Year 2022 Assessed Value $2,355 Land Value $2,355 Improvement Value Tax Amount $204.2 Change Rate +0.039397% Assessed CR Tax Rate +0.086709%
Year 2021 Assessed Value $2,202 Land Value $2,202 Improvement Value Tax Amount $196.46 Change Rate +0.024724% Assessed CR Tax Rate +0.089219%
Year 2020 Assessed Value $2,102 Land Value $2,102 Improvement Value Tax Amount $191.72 Change Rate +0.02535% Assessed CR Tax Rate +0.091208%
Year 2019 Assessed Value $2,002 Land Value $2,002 Improvement Value Tax Amount $186.98 Change Rate +0.011085% Assessed CR Tax Rate +0.093397%
Year 2018 Assessed Value $1,886 Land Value $1,886 Improvement Value Tax Amount $184.93 Change Rate -0.989916% Assessed CR Tax Rate +0.098054%
Year 2017 Assessed Value $1,783 Land Value $1,783 Improvement Value Tax Amount $18,338.81 Change Rate +102.96151% Assessed CR Tax Rate +10.285367%
Year 2016 Assessed Value $1,654 Land Value $1,654 Improvement Value Tax Amount $176.4 Change Rate Assessed CR Tax Rate +0.106651%
Year 2015 Assessed Value $1,516 Land Value $1,516 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $1,497 Land Value $1,497 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $1,537 Land Value $1,537 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate