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552 Madison Ln; Elgin, IL Property Details

552 Madison Ln, Elgin, IL is a Residential General that was built in 2007. This property is currently Financed and is not for sale. Our records show that 552 Madison Ln has 2 bedrooms, and 2.5 bathrooms, and a total of 1,783 square feet. The lot size of 552 Madison Ln is 2,178 square feet.

Off market
552 Madison Ln Elgin, IL 60123
$103,155 Estimated Value
2 Beds
2.5 Baths
1,783 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2007
  • Purchase Price: $235,000
  • Est. Equity / %: $346,000 / 100%
  • Gross Yield: 9.982%
  • APN: 06-09-453-091
  • Situs County: Kane
  • Length Of Ownership: 17 years, 8 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: 2,178/SqFt
  • Gross: 2,734/SqFt
  • Living: 1,783/SqFt
  • Basement: 951/SqFt
  • Building: 2,734/SqFt
  • Price Per Square Foot: $131.80

Legal Description

  • Description: MADISON HOMES OF ELGIN SUB LOT 4 AS DESC IN DOC 2008K073211
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: 42.045246 / -88.3312
  • 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: Condo  Owner Association

Ownership Info

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

Taxes

552 Madison Ln has 10 associated Taxes items

552 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 $103,155. The APN we've located for 552 Madison Ln is 06-09-453-091.

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Taxes
  • Assessed Value:  $103,155
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-09-453-091
  • Assessed Land Value:  28236
  • Market Land Value:  84742
  • Tax Amount:  7869.78
  • Tax Year:  2025
  • Market Value:  309589
  • Market Year:  2025

Tax History

552 Madison Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $103,155 Land Value $28,236 Improvement Value $74,919 Tax Amount $7,869.78 Change Rate Assessed CR Tax Rate +0.076291%
Year 2024 Assessed Value $95,012 Land Value $26,007 Improvement Value $69,005 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $85,836 Land Value $23,495 Improvement Value $62,341 Tax Amount $7,317.12 Change Rate +0.078165% Assessed CR Tax Rate +0.085245%
Year 2022 Assessed Value $78,267 Land Value $21,423 Improvement Value $56,844 Tax Amount $6,786.64 Change Rate +0.03956% Assessed CR Tax Rate +0.086711%
Year 2021 Assessed Value $73,174 Land Value $20,029 Improvement Value $53,145 Tax Amount $6,528.38 Change Rate +0.024683% Assessed CR Tax Rate +0.089217%
Year 2020 Assessed Value $69,856 Land Value $19,121 Improvement Value $50,735 Tax Amount $6,371.12 Change Rate +0.02515% Assessed CR Tax Rate +0.091204%
Year 2019 Assessed Value $66,542 Land Value $18,214 Improvement Value $48,328 Tax Amount $6,214.82 Change Rate -0.056665% Assessed CR Tax Rate +0.093397%
Year 2018 Assessed Value $67,192 Land Value $17,159 Improvement Value $50,033 Tax Amount $6,588.14 Change Rate -0.989916% Assessed CR Tax Rate +0.098049%
Year 2017 Assessed Value $63,520 Land Value $16,221 Improvement Value $47,299 Tax Amount $653,326.38 Change Rate +102.95209% Assessed CR Tax Rate +10.285365%
Year 2016 Assessed Value $58,930 Land Value $15,049 Improvement Value $43,881 Tax Amount $6,284.88 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $54,015 Land Value $13,794 Improvement Value $40,221 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