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578 Madison Ln; Elgin, IL Property Details

578 Madison Ln, Elgin, IL is a Single Family. This property is not for sale.

Off market
578 Madison Ln Elgin, IL 60123
$124,539 Estimated Value
Property Details

Summary

  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Est. Equity / %: $374,000 / 100%
  • Gross Yield: 5.743%
  • APN: 06-09-376-039
  • Situs County: Kane

Legal Description

  • Description: MADISON HOMES OF ELGIN SUB - SELY 115 FT LOT 7 (EX SELY 74 FT) AS DESC IN DOC 2024K016920
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: 42.045933 / -88.33283
  • 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: Home Owner Association

Ownership Info

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

Taxes

578 Madison Ln has 10 associated Taxes items

578 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 $124,539. The APN we've located for 578 Madison Ln is 06-09-376-039.

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Taxes
  • Assessed Value:  $124,539
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-09-376-039
  • Assessed Land Value:  28236
  • Market Land Value:  84742
  • Tax Amount:  8280.52
  • Tax Year:  2025
  • Market Value:  373767
  • Market Year:  2025

Tax History

578 Madison Ln has 2 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $124,539 Land Value $28,236 Improvement Value $96,303 Tax Amount $8,280.52 Change Rate Assessed CR Tax Rate +0.066489%
Year 2024 Assessed Value $62,235 Land Value $2,859 Improvement Value $59,376 Tax Amount Change Rate Assessed CR Tax Rate