512 Madison Ln, Elgin, IL 60123
Property image
Property image
OFF MARKET

512 Madison Ln
Elgin, IL 60123

Valley Creek
  • 2 Beds
  • 2.5 Baths

$334,800

Trulia Estimate
as of Jul 20, 2026
Est. Refi. Payment $2,389/mo*
Refinance Your Home

$334,800

Trulia Estimate
as of Jul 20, 2026
Est. Refi. Payment $2,389/mo*
Refinance Your Home
2 Beds
2.5 Baths

Local Information

  • Map ViewExplore the area around 512 Madison Ln.
  • Schools2 Preschool Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Welcome to this bright and open townhome-2 bedroom plus loft, 2.5 bathroom, 2 car attached garage with a full English basement that awaits your finishing touches. Private covered entry that leads into spacious tiled foyer. Renovated kitchen that includes recessed lighting, white shaker style cabinets, quartz countertops with bar seating. Mudroom/laundry room has its own closet, and cabinets for extra storage. Primary bedroom has a full bathroom including a shower and jacuzzi with a double sink and huge walk-in closet. Easily convert the loft into a 3rd bedroom or an office. Spend the rest of your summer and fall nights on the cozy deck that backs into beautiful trees and a nearby playground. Everything about this house screams single family home but with maintenance free amenities. New roof. New driveway. Recently stained deck. Sounds mechanicals. Walk to Trinity Terrace Park, 1 min away from Randall Rd, I-90 and Downtown Elgin where you can find all the shopping and restaurants.
512 Madison Ln, Elgin, IL 60123 is a 2 bedroom, 3 bathroom townhouse in Valley Creek, built in 2007. It last sold for $280,000 on Aug 29, 2023 (4% above the $269,900 asking price). It is currently off market. The Trulia Estimate is $334,800, with a rent estimate of $2,528/month.

Home Highlights

Parking
2 Car Garage
Outdoor
Deck
A/C
Heating & Cooling
HOA
$245/Monthly
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 512 Madison Ln

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Unfinished,Full,DaylightNumber of Rooms: 6Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Family Room, Kitchen, Laundry, Living Room, Loft
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1
Appliances & Utilities
Appliances: Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s), HumidifierDishwasherDisposalDryerLaundry: In Unit,SinkMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Natural Gas,Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Electric, Family RoomHas a FireplaceNo Spa
Levels, Entrance, & Accessibility
Number of Stories: 2Accessibility: No Disability Access
View
No View
Security
Security: Carbon Monoxide Detector(s)

Exterior Features

Exterior Home Features
Roof: AsphaltPatio / Porch: DeckExterior: Balcony
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageHas an Attached GarageHas Open ParkingParking Spaces: 2Parking: Asphalt,Garage Door Opener,On Site,Garage Owned,Attached,Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 2007
Property Type / Style
Property Type: ResidentialProperty Subtype: Townhouse, Duplex, Single Family Residence
Building
Construction Materials: Vinyl SidingNot a New ConstructionNo Additional Parcels
Property Information
Parcel Number: 0609376034

Price & Status

Price
List Price: $269,900
Status Change & Dates
Off Market Date: Sat Aug 05 2023Possession Timing: Close Of Escrow

Location

Direction & Address
City: Elgin
School Information
Elementary School District: 46Jr High / Middle School District: 46High School District: 46

HOA

HOA Fee Includes: Exterior Maintenance, Lawn Care, Scavenger, Snow RemovalHas an HOAHOA Fee: $245/Monthly

Lot Information

Lot Area: 2354 sqft

Listing Info

Special Conditions: None

Offer

Listing Terms: VA

Business

Business Information
Ownership: Fee Simple w/ HO Assn.

Miscellaneous

BasementMls Number: 11836312Back On Market Date: Wed Aug 02 2023

Additional Information

Source Internet Entire Listing DisplayMRD REMARKSINTERNET: YesSource Internet Address Display
Last check for updates: about 3 hours ago
Listed by Bianca Solum, (773) 858-0755
@properties Christie's International Real Estate
Bought with: Heather Weiss, (847) 269-8245, Berkshire Hathaway HomeServices Starck Real Estate
Source: MRED as distributed by MLS GRID, MLS#11836312

Price History for 512 Madison Ln

DatePriceEventSource
08/29/2023$280,000Sold
MRED as distributed by MLS GRID #11836312
08/21/2023$269,900PendingMRED as distributed by MLS GRID #11836312
08/06/2023$269,900ContingentMRED as distributed by MLS GRID #11836312
08/02/2023$269,900PendingToActiveMRED as distributed by MLS GRID #11836312
07/24/2023$269,900ContingentMRED as distributed by MLS GRID #11836312
07/19/2023$269,900Listed For SaleMRED as distributed by MLS GRID #11836312
02/26/2020$213,000Sold
MRED as distributed by MLS GRID #10519014
01/30/2020$213,000PendingAgent Provided
12/04/2019$213,000PriceChange
Agent Provided
10/01/2019$216,000PriceChange
Agent Provided
09/16/2019$222,000Listed For SaleAgent Provided
03/21/2019$179,000Sold
N/A
02/11/2019$179,900PendingAgent Provided
01/25/2019$179,900PriceChange
Agent Provided
12/04/2018$189,000PriceChange
Agent Provided
10/26/2018$199,500Listed For SaleAgent Provided
08/13/2018$200,000ListingRemovedAgent Provided
06/28/2018$200,000PriceChange
Agent Provided
04/14/2018$180,000PendingAgent Provided
04/09/2018$180,000Listed For SaleAgent Provided

Market trends in Elgin

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$323K
$10.67KMoM
Sale-to-List Price
100.0%
0.4%MoM
Price per sq ft
$209
$3MoM
Available listings
263
29MoM
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Property Tax and Assessment

Year2024
Tax$6,704
Assessment$282,792
Home facts updated by county records

Comparable Sales for 512 Madison Ln

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
516 Madison Ln, Elgin, IL
0.01
Townhouse
$340,000
08/22/25
2
2.5
1,783
550 Madison Ln, Elgin, IL
0.09
Townhouse
$333,700
03/20/26
2
2.5
1,783
503 Shagbark Dr #503, Elgin, IL
0.46
Townhouse
$300,000
09/26/25
2
2.5
2,058
514 Madison Ln, Elgin, IL
0.01
Townhouse
$310,000
11/18/25
2
2.5
1,771
519 Shagbark Dr, Elgin, IL
0.49
Townhouse
$355,000
03/09/26
3
3.5
2,080
2133 Colorado Ave, Elgin, IL
0.44
Townhouse
$218,000
12/18/25
3
2
1,200
514 Shagbark Dr, Elgin, IL
0.54
Townhouse
$343,345
11/19/25
2
3.5
2,708
510 Shagbark Dr #510, Elgin, IL
0.53
Townhouse
$365,000
10/10/25
3
3
1,538
850 Millcreek Cir, Elgin, IL
0.80
Townhouse
$307,000
11/02/25
2
2
1,449

Nearby homes

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Assigned Schools

These are the assigned schools for 512 Madison Ln.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Valley Creek
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Valley Creek

At least 27 Trulia users voted on each feature.

  • 94 % Say it's dog friendly

  • 90 % Say there are sidewalks

  • 89 % Say parking is easy

  • 83 % Say it's quiet

  • 83 % Say streets are well-lit

  • 82 % Say yards are well-kept

  • 79 % Say car is needed

  • 79 % Say kids play outside

  • 68 % Say people would walk alone at night

  • 67 % Say there's holiday spirit

  • 57 % Say neighbors are friendly

  • 51 % Say there's wildlife

  • 44 % Say they plan to stay for at least 5 years

  • 31 % Say there are community events

  • 29 % Say it's walkable to grocery stores

  • 21 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.
  • Ma D.
    "Everything is peaceful. i like the commons, parks and activities. also you can go to the centre of Elgin and have fun or exercise!"
    2
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Apartments for Rent

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Homes for sale near 512 Madison Ln

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Off Market Homes Near 512 Madison Ln

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Based on information submitted to the MLS GRID as of 2026. 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. Click here for more information