Skip main navigation
Active
  • Price cut: $10K (7/15)
    $339,900

    516 Madison Ln, Elgin, IL 60123

    2beds
    1,783sqft
    : 
    Townhouse, Single Family Residence
    Built in 2005
    2,288 Square Feet Lot
    $-- Zestimate®
    $191/sqft
    $260/mo HOA

    What's special

    Cozy fireplaceUpdated bathroomsSoaring ceilingsOpen-concept layoutFull unfinished basementPrivate ensuite bath
    Move right into this beautifully maintained and updated townhome featuring 2 bedrooms, 2.5 bathrooms, and a spacious loft that can easily be converted into a third bedroom. The soaring ceilings and open-concept layout create a bright and airy atmosphere, seamlessly connecting the living room with cozy fireplace, dining area, eat-in space, and kitchen-perfect for both entertaining and everyday living. You'll love the luxury vinyl flooring, updated bathrooms, and the primary suite complete with a walk-in closet and private ensuite bath. The full unfinished basement offers endless possibilities to add additional living space or create your dream rec room. Enjoy the convenience of a 2-car garage and a location that's equidistant to Route 20 and I-90 for easy commuting. Just minutes to all the shopping, dining, and amenities along Randall Road-this one truly has it all and won't last long!
    34 days
    on Zillow
    |
    807
    |
    37
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 25, 2025 at 07:51am

    Listing courtesy of:

    Christy Alwin 224-699-5002,

    Redfin Corporation

    Source: MRED as distributed by MLS GRID,MLS#: 12407605MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 516 Madison Ln.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Loft, Breakfast Room, Walk In Closet, Foyer
    Primary bedroom
    • Features: Flooring (Wood Laminate), Bathroom (Full)
    • Level: Second
    • Area: 286 Square Feet
    • Dimensions: 22X13
    Bedroom 2
    • Features: Flooring (Wood Laminate)
    • Level: Second
    • Area: 120 Square Feet
    • Dimensions: 12X10
    Breakfast room
    • Features: Flooring (Wood Laminate)
    • Level: Main
    • Area: 70 Square Feet
    • Dimensions: 10X7
    Dining room
    • Features: Flooring (Wood Laminate)
    • Level: Main
    • Area: 210 Square Feet
    • Dimensions: 15X14
    Foyer
    • Features: Flooring (Wood Laminate)
    • Level: Main
    • Area: 126 Square Feet
    • Dimensions: 14X9
    Kitchen
    • Features: Kitchen (Eating Area-Breakfast Bar, Breakfast Room, Granite Counters, Updated Kitchen), Flooring (Wood Laminate)
    • Level: Main
    • Area: 110 Square Feet
    • Dimensions: 11X10
    Laundry
    • Features: Flooring (Wood Laminate)
    • Level: Main
    • Area: 48 Square Feet
    • Dimensions: 8X6
    Living room
    • Features: Flooring (Wood Laminate)
    • Level: Main
    • Area: 238 Square Feet
    • Dimensions: 17X14
    Loft
    • Features: Flooring (Wood Laminate)
    • Level: Main
    • Area: 196 Square Feet
    • Dimensions: 14X14
    Walk in closet
    • Features: Flooring (Wood Laminate)
    • Level: Second
    • Area: 102 Square Feet
    • Dimensions: 17X6
    Heating
    • Natural Gas, Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Range, Microwave, Washer, Dryer, Stainless Steel Appliance(s)
    • Laundry: Main Level, Washer Hookup, In Unit
    Features
    • Vaulted Ceiling(s), Cathedral Ceiling(s), Walk-In Closet(s), Open Floorplan
    • Flooring: Laminate
    • Doors: Sliding Doors, 6 Panel Door(s), Sliding Glass Door(s)
    • Windows: Blinds
    • Basement: Unfinished,Full
    • Number of fireplaces: 1
    • Fireplace features: Gas Log, Living Room
    Interior area
    • Total structure area: 0
    • Total interior livable area: 1,783 sqft
    Video & virtual tour

    Property

    Parking
    • Total spaces: 2
    • Parking features: Asphalt, Garage Door Opener, On Site, Garage Owned, Attached, Garage
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: No Disability Access
    Features
    • Patio & porch: Deck
    Lot
    • Size: 2,288 Square Feet
    • Dimensions: 26X88
    • Features: Common Grounds
    Details
    • Additional structures: None
    • Parcel number: 0609376035
    • Special conditions: None
    • Other equipment: Ceiling Fan(s), Sump Pump

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Townhouse, Single Family Residence
    Materials
    • Aluminum Siding, Brick
    • Foundation: Concrete Perimeter
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 2005
    Details
    • Builder model: BIRCH

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Madison Homes
    HOA
    • Has HOA: Yes
    • Services included: Insurance, Exterior Maintenance, Lawn Care, Snow Removal
    • HOA fee: $260 monthly
    Location
    • Region: Elgin

    Financial & listing details

    • Price per square foot: $191/sqft
    • Tax assessed value: $280,221
    • Annual tax amount: $6,511
    • Date on market: 7/3/2025
    • Ownership: Fee Simple w/ HO Assn.
    • Loading
    • Loading