OFF MARKET

Off market may 2018 for $319K

$452,894

•

2,100

sq ft

531 Madison Ln, Elgin, IL 60123

About this home

NEW EXECUTIVE STYLE CUSTOM RANCH - LARGE FOYER GREETS YOU WITH CERAMIC FLOORING-THAT LEADS TO A HUGE GREAT ROOM -CUSTOM BUILT FIREPLACE MANTLE WITH MARBLE SURROUND - A HUGE GOURMET DREAM KITCHEN-WHITE CUSTOM SELF CLOSE CABS AND DRAWERS-GRANITE COUNTER TOPS-NEW STAINLESS STEEL APPLIANCES-FRENCH DOOR FRIG-DOUBLE OVENS RANGE-SEPARATE FORMAL DINING FOR LARGE PARTIES-MASTER BEDROOM FEATURES A DOUBLE ROOM MASTER BATH-SEPARATED BY POCKET DOOR FOR PRIVACY-CERAMIC FLOORS-SOAKING TUB AND HUGE WALK-IN SHOWER-BUTLER PANTRY-WITH GLASS FRONT CABS AND GRANITE COUNTER-FULL LOOK-OUT BASEMENT-CAN LITES THRU-OUT-LOTS OF STORAGE WITH 10 CLOSETS-OVERHEAD LITES IN ALL BEDROOMS AND CLOSETS-QUALITY BUILT HOME-WHEN ONLY THE BEST WILL DO- ENJOY THE ENORMOUS LOOK-OUT BASEMENT-A AWESOME RANCH WITH ALL THE BELLS AND WHISTLES

Single-familyProperty Type

2017Year Built

$216Est. Price/Sq.Ft.

2 car garageParking

Listed by Maria May • Baird & Warner Real Estate - Algonquin

Bought with Julie Murtaugh • Baird & Warner

Redfin checked: a minute ago

•Source:MRED as Distributed by MLS Grid #09834176

Redfin Estimate

$452,894

$134K since sold in May 2018$2,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 6.3% higher than the average sale price ($426K) of 6 comparable homes.

BOUGHT WITH REDFIN DEC 5, 2025
$420,000
A
3 beds2 baths2,083 sq ft
515 Madison Ln, Elgin, IL 60123
SOLD AUG 12, 2026
$392,000
B
3 beds2.5 baths2,380 sq ft
1978 N Fork Cir, Elgin, IL 60123
SOLD AUG 13, 2026
$434,900
C
4 beds2.5 baths2,163 sq ft
637 N Lyle Ave, Elgin, IL 60123
SOLD SEP 1, 2026
$400,000
D
4 beds2.5 baths1,896 sq ft
2130 Valley Creek Dr, Elgin, IL 60123
SOLD JAN 26, 2026
$360,000
E
3 beds2 baths1,780 sq ft
691 Canyon Ln, Elgin, IL 60123
SOLD AUG 24, 2026
$550,000
F
3 beds2.5 baths2,543 sq ft
627 Wood Ridge Ct, Elgin, IL 60123

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$220,334

Est. take-home

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$1,585/mo

Redfin rental estimate

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Market trends in 60123, IL

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

101.0%

0.3% MoM

Median sale price

$320K

$8K MoM

Avg. days on market

41d

2 days MoM

Recently sold homes

136

4 MoM

New listings for sale

NEW
$399,000
3 beds2 baths1,416 sq ft
2338 Coral Cv, Elgin, IL 60123
$389,900
3 beds2 baths2,499 sq ft
1223 Larkin Ave, Elgin, IL 60123
OPEN SUN, 12PM TO 2PM
$409,900
3 beds3 baths1,583 sq ft
218 Wing Park Blvd, Elgin, IL 60123
FOR SALE BY OWNER
$245,000
2 beds1 bath864 sq ft
409 Wilcox Ave, Elgin, IL 60123
$285,000
2 beds1.5 baths1,026 sq ft
124 S Commonwealth Ave, Elgin, IL 60123
$267,000
3 beds1 bath990 sq ft
58 Vine St, Elgin, IL 60123
$475,000
6 beds3 baths— sq ft
656 South St, Elgin, IL 60123
$469,000
4 beds3 baths— sq ft
176-178 N Dubois Ave, Elgin, IL 60123
$245,000
2 beds2 baths1,008 sq ft
1820 W Highland Ave Unit D, Elgin, IL 60123
$249,900
2 beds1 bath1,044 sq ft
1168 Erie St, Elgin, IL 60123
See all

Provided by Redfin

Sale history for 531 Madison Ln

Date

Event

Price

MRED as Distributed by MLS Grid #09834176

May 1, 2018

Sold (MLS) (Closed Sale)

$319,000

$152/sq ft

Mar 22, 2018

Pending (Contingent (Do Not Show))

—

Jan 27, 2018

Price Changed

$319,900

$152/sq ft

Jan 16, 2018

Price Changed

$322,900

$154/sq ft

Jan 16, 2018

Listed (New)

$222,900

$106/sq ft

MRED as Distributed by MLS Grid #09610370

Jun 29, 2017

Sold (MLS) (Closed Sale)

$309,000

$147/sq ft

May 8, 2017

Contingent

—

Apr 29, 2017

Listed (New)

$309,900

$148/sq ft

NEW CUSTOM RANCH. All maintenance of building exterior and grounds by association. White 4 1/4 " casing and base wood trim. White kitchen with soft close cabinet doors and drawers 42" upper cabinets with granite counter tops and hardwood floors. 9' ceilings throughout. Butler pantry with granite top. Custom mantle around fireplace. Master bath with double bowel granite top, ceramic walk in shower, ceramic surround soaking tub, walk in closet. Hardwood floors in living room, dining room, kitchen, eating area. Rheem 95% furnace, 3 ton air conditioner. 2x6 framed walls. Knauf insulation Energy Star and GREENGUARD CETIFIED. Full lookout basement. Landscaped and sodded yard. 1st. floor laundry room with upper cabinets and utility sink ceramic floors. Can lights throughout.

Tax history for 531 Madison Ln

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

5,124 Sq. Ft.

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Single Family Residential

County

Kane County

APN

0609453063

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 8, 2026.

Property details

Parking

Parking Information
# Of Cars: 2
# of Garage Spaces: 2
Parking: Garage
Garage Ownership: Owned
Garage On-Site: Yes
Garage Type: Attached
Garage Details: Garage Door Opener(s)
Driveway: Asphalt

Interior

Bathroom Information
# of Baths (Full): 2
Bath Amenities: Separate Shower,Double Sink,Double Shower,Soaking Tub

Bedroom Information
# of Bedrooms: 3
# of Bedrooms Possible: 3

Room Information
Room Type: Walk In Closet
Level: Main
Dimensions: 10 x 06
Window Treatments: None
Flooring: Carpet

Room Information
Room Type: Breakfast Room
Level: Main
Dimensions: 14 x 13
Window Treatments: Curtains/Drapes
Flooring: Hardwood

Room Information
Room Type: Foyer
Level: Main
Dimensions: 10 x 09
Flooring: Ceramic Tile

Room Information
Room Type: Bedroom 2
Level: Main
Dimensions: 13 x 12
Window Treatments: All
Flooring: Carpet

Room Information
Room Type: Bedroom 3
Level: Main
Dimensions: 13 x 12
Window Treatments: Blinds
Flooring: Carpet

Room Information
Room Type: Dining Room
Level: Main
Dimensions: 14 x 12
Window Treatments: Curtains/Drapes
Flooring: Hardwood

Room Information
Room Type: Kitchen
Level: Main
Dimensions: 14 x 11
Window Treatments: Curtains/Drapes
Flooring: Hardwood

Room Information
Room Type: Laundry
Level: Main
Dimensions: 9 x 5
Window Treatments: None
Flooring: Ceramic Tile

Room Information
Room Type: Living Room
Level: Main
Dimensions: 27 x 16
Window Treatments: Blinds
Flooring: Hardwood

Room Information
Room Type: Master Bedroom
Level: Main
Dimensions: 15 x 13
Window Treatments: All
Flooring: Carpet

Additional Rooms Information
Walk In Closet, Breakfast Room, Foyer
Dining Room: Separate
Basement: Full, English
Basement Description: Unfinished

Interior Features
Interior Features: Hardwood Floors
# of Rooms: 7

Equipment
Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
Humidifier, TV-Cable, CO Detectors, Sump Pump, Radon Mitigation System

Fireplace Information
# of Fireplaces: 1
Fireplace Location: Living Room
Fireplace Features: Wood Burning, Gas Starter

Exterior

Exterior Features
Exterior Features: Deck, Storms/Screens

Building Information
Living Area Source: Other
Exterior Building Type: Vinyl Siding,Brick
Age: 1-5 Years
Built Before 1978 (Y/N): No

Property Information
Property Type: Detached Single
Property Type: 1 Story
Ownership: Fee Simple
Rebuilt (Y/N): No
Rehab (Y/N): No
Unfinished Lower Sq Ft: 2100
Parcel Number: 0609453063

Lot Information
Dimensions: 71X69X88X66
Lot Size: Less Than .25 Acre
Lot Features: Common Grounds, Landscaped

Financial

Tax Information
Tax Year: 2016

Financial Information
Finance Code: Cash
Special Service Area: N

Utilities

Utility Information
Water Source: Public
Sewer: Public Sewer

Heating & Cooling
Heating: Natural Gas, Forced Air
Cooling: Central Air

Location

Community Information
Community Features: Sidewalks, Street Lights, Street Paved

Homeowners Association Information
Association Fee: $190
Association Fee Frequency: Monthly
Association Fee Includes: Exterior Maintenance, Lawn Care, Snow Removal

School Information
Elementary School District: 46
Middle Or Junior School District: 46
High School District: 46

Location Information
Township: ELGIN
Corporate Limits: ELGIN
Directions: Randal Road to Highland Ave.East to Madison Lane North to 531

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 5,124 square feet
Style: Single Family Residential
Year Built: —
Year Renovated: —
County: Kane County
APN: 0609453063

Home facts updated by county records on Sep 8, 2026

Other

Listing Information
Holds Earnest Money: Yes
Possession: Closing

Around this home

Schools

K - 12
Preschool & daycare

Creekside Elementary School

Public PreK-6 • Assigned • 0.5mi

6/10

Kimball Middle School

Public 7-8 • Assigned • 1.0mi

3/10

Larkin High School

Public PreK-12 • Assigned • 1.2mi

3/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 101° expected this year, 14 days in 30 years

2/10 Wind Factor

1% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Elgin, IL • 60123

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.2 hours in June and 3.4 hours in December, placing it below the U.S. average for solar exposure.

10.2 hrs

3.4 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$431,000 – $521,000

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New listings for sale in 60123

NEW

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Breakfast bar • Hardwood flooring • Natural light

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0.35 acre lot • Garage • Built 1952

FOR SALE BY OWNER

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$285,000

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Remodeled home • Updated flooring • Updated bathroom

$267,000

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6 beds3 baths— sq ft

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Private entrance • Full basement • Fenced yard

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Home values near 531 Madison Ln

Data from public records.

Address	Redfin Estimate
540 Madison Lane, Elgin, IL 3 Beds \| 2.5 Baths \| 1776 Sq. Ft.	$239,197
523 Madison Lane, Elgin, IL 3 Beds \| 2 Baths \| 2000 Sq. Ft.	$451,840

Address	Redfin Estimate
516 Madison Lane, Elgin, IL 2 Beds \| 2.5 Baths \| 1783 Sq. Ft.	$341,930
519 Madison Lane, Elgin, IL 3 Beds \| 2 Baths \| 2092 Sq. Ft.	$434,083

Address	Redfin Estimate
515 Madison Lane, Elgin, IL 3 Beds \| 2 Baths \| 2083 Sq. Ft.	$432,465
535 Madison Lane, Elgin, IL 3 Beds \| 2 Baths \| 2092 Sq. Ft.	$499,241

Property information provided by MRED as Distributed by MLS Grid when last listed in 2018. This data may not match . Learn more.

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