1. Home
  2. > Search
  3. > Homes for Sale in Elgin
  4. > 514 Madison Lane, Elgin, IL 60123
$330,000
2
beds
2
baths
1
half bath
1,771
square ft

514 Madison Lane
Elgin, Illinois 60123

Contingent / MLS #12387736 / Townhome / Elgin
Listing information updated 6/20/2025 at 11:03pm
Welcome to this spacious and well-maintained 2-bedroom, 2.5-bath townhome, perfect for comfortable living and effortless entertaining. Step inside to find an inviting main level featuring a modern kitchen with ample cabinet space, and an eating area. Open dining room with abundance of natural light flowing into family room with gas fireplace. A convenient half-bath completes the main floor. Upstairs, you'll find a loft plus two generously sized bedrooms, each with its own en-suite full bathroom-ideal for privacy and relaxation. The primary suite boasts a large closet and plenty of natural light. Downstairs, the full basement offers endless potential. Partially finished, it includes a versatile flex space that can be used as a family room, home office, gym, or hobby area. The unfinished portion provides ample storage or the opportunity to expand your living space. Additional highlights include in-unit laundry, dedicated parking, and a private outdoor area perfect for relaxing or grilling. Located in a quiet community with easy access to shopping, dining, and commuter routes, this townhome is a must-see!
Exterior Type:
Vinyl Siding,Brick
Basement:
Partially Finished,Full
Beds Above Grade:
2
Cooling System:
Central Air
Heating System:
Natural Gas, Forced Air
Appliances:
Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
Main Level Primary Bedroom:
No
Fireplace:
Yes
Pool:
No
Age:
16-20 Years
Roof Type:
Asphalt
Parking Type:
Garage - Asphalt,Garage Door Opener,On Site,Attached,Garage
Parking Spaces:
2
Garage:
Attached
Room Count:
7
Water Front:
No
Square Feet:
1,771
External Features:
Patio/Porch
Living Room:
N/A
Dining Room:
15x11 - Main
Kitchen:
12x10 - Main
Family Room:
17x15 - Main
Primary Bedroom:
15x14 - Second Level
2nd Bedroom:
13x10 - Second
3rd Bedroom:
N/A
4th Bedroom:
N/A
Loft:
15x10 - Second Level
Eating Area:
11x9 - Main Level
Foyer:
14x9 - Main Level
Laundry:
8x6 - Main Level
Tax Amount:
$6,194
Tax Year:
2024
Assessments:
$260 / month
Zip Code:
60123
City:
Elgin
County:
Kane
School District(s):
46
Elementary School:
Creekside Elementary School
Middle School:
Kimball Middle School
High School:
Larkin High School

Listing Office: HomeSmart Connect, LLC.

Listing Office Phone: 847.495.5000

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 6/20/2025 at 11:03pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Elgin, IL

The City of Elgin has been on a roll since it was founded in 1836. Attracting city dwellers and suburbanites, the bustling city is home to over 100,000 people and is one of the largest and fastest-growing cities in the state. A picturesque 1920s millworks building houses the State Street Market with...
$366,823
Average Sale Price
45
Average Days On The Market
99%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 514 Madison Lane, Elgin, IL 60123

Not quite what you are looking for?

Similar listings for sale near 514 Madison Lane, Elgin, IL 60123

Like the area?

More homes for sale near 514 Madison Lane, Elgin, IL 60123

New Listings in Elgin, IL

Recently Sold Homes in Elgin, IL

Nearby Homes for Sale

514 Madison Lane, Elgin, IL 60123 is a townhome currently listed at $330,000. 514 Madison Lane features 2 Beds, 2 Baths, 1 Half Bath. This townhome has been listed on @properties Christie's International Real Estate since June 18th, 2025 and was built in 2005. Nearby schools include Creekside Elementary School, Kimball Middle School, and Larkin High School.

Mortgage Calculator