515 Madison Ln, Elgin, IL 60123
SOLD
DEC 5, 2025

515 Madison Ln
Elgin, IL 60123

Valley Creek
  • 3 Beds
  • 2 Baths
  • 2,083 sqft

$420,000

Last Sold: Dec 5, 2025
1% below list $425K
$202/sqft
Est. Refi. Payment $2,919/mo*
Refinance Your Home

$420,000

Last Sold: Dec 5, 2025
1% below list $425K
$202/sqft
Est. Refi. Payment $2,919/mo*
Refinance Your Home
3 Beds
2 Baths
2,083 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Exceptional Value in this gorgeous brick and vinyl ranch home in the maintenance free community of Madison Homes! Gorgeous, open floorplan with 9 foot ceilings. Gourmet kitchen with 42" cabinets, under cabinet lighting and crown moulding, quartz countertops, peninsula with breakfast bar, black stainless steel LG appliances (2022), glass subway tiled backsplash and touch faucet. Huge eating area with sliding glass doors lead to your beautiful yard complimented with a deck, retractable awning, mature trees and professional landscaping. Butler's pantry with quartz countertop is adjacent to the formal dining room. Master Bedroom Suite includes a walk-in closet with closet storage shelving system and double sink vanity. A pocket door separates the awesome, huge bath with whirlpool tub, palladium window, separate shower and linen closet. The split 3 bedroom floor plan offers privacy. 2nd full bathroom with a linen closet. 1st floor laundry room with Kenmore washer & dryer (2016), utility sink, closet, cabinetry and countertop. Recessed lighting in the living room, kitchen, butler pantry, hall and master bath. Ceramic tile in the kitchen, bathrooms, foyer & laundry room. English basement with 9 foot ceilings. New Carrier A/C and Furnace (2025), radon mitigation system, 2 sump pumps. Newer roof (2022). Freshly cleaned carpeting. Enjoy a carefree lifestyle and we look forward to welcoming you to your new home!
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from December 07, 2025

Home Highlights

Parking
2 Car Garage
Outdoor
Deck
A/C
Heating & Cooling
HOA
$255/Monthly
Price/Sqft
$202/sqft
Listed
180+ days ago

Home Details for 515 Madison Ln

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Unfinished,Egress Window,9 ft + pour,Full,DaylightNumber of Rooms: 7Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Deck, Dining Room, Eating Area, Family Room, Foyer, Kitchen, Laundry, Living Room, Walk In Closet
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 2083 Square Feet
Appliances & Utilities
Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Gas Oven, Humidifier, Gas Water HeaterDishwasherDisposalDryerLaundry: Main Level,Electric Dryer Hookup,Laundry Closet,SinkMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Natural Gas,Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Gas Log, Gas Starter, Living RoomHas a FireplaceNo Spa
Gas & Electric
Electric: Circuit Breakers, 200+ Amp Service
Windows, Doors, Floors & Walls
Window: Screens, Blinds, Double Pane Windows, Drapes, Window TreatmentsDoor: Storm Door(s), Pocket Door(s), Sliding Glass Door(s)Flooring: Laminate
Levels, Entrance, & Accessibility
Stories: 1Accessibility: Low Pile Carpeting, No Interior Steps, Disability AccessFloors: Laminate
View
No View
Security
Security: Carbon Monoxide Detector(s)

Exterior Features

Exterior Home Features
Roof: AsphaltPatio / Porch: DeckOther Structures: NoneFoundation: Concrete Perimeter
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageHas an Attached GarageHas Open ParkingParking Spaces: 2Parking: Asphalt,Garage Door Opener,Garage,Yes,Garage Owned,Attached
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 2005
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: Vinyl Siding, BrickNot a New ConstructionNo Additional Parcels
Property Information
Parcel Number: 0609453067Model Home Type: Maddy

Price & Status

Price
List Price: $425,000Price Per Sqft: $202/sqft
Status Change & Dates
Off Market Date: Tue Nov 04 2025Possession Timing: Close Of Escrow

Location

Direction & Address
City: ElginCommunity: Madison Homes
School Information
Elementary School: Creekside Elementary SchoolElementary School District: 46Jr High / Middle School: Kimball Middle SchoolJr High / Middle School District: 46High School: Larkin High SchoolHigh School District: 46

Building

Building Details
Builder Model: Maddy
Building Area
Building Area: 4166 Square Feet

Community

Community Features: Park, Tennis Court(s), Curbs, Sidewalks, Street Lights

HOA

HOA Fee Includes: Insurance, Exterior Maintenance, Lawn Care, Snow RemovalHas an HOAHOA Fee: $255/Monthly

Lot Information

Lot Area: 4791.6 sqft

Listing Info

Special Conditions: None

Offer

Listing Terms: Cash

Business

Business Information
Ownership: Fee Simple w/ HO Assn.

Miscellaneous

BasementMls Number: 12485697Attic: DormerActivation Date: Thu Oct 09 2025

Additional Information

ParkTennis Court(s)CurbsSidewalksStreet LightsMRD SHARE WITH CLIENTS: YesSource Internet Entire Listing DisplayMRD Listing On IDX Display: YesMRD REMARKSINTERNET: YesSource Internet Address Display
Last check for updates: about 24 hours ago
Listed by Eileen Kelsall, (224) 828-2261
Keller Williams Inspire
Bought with: Daniel Cox, (847) 930-0918, Redfin Corporation
Source: MRED as distributed by MLS GRID, MLS#12485697

Price History for 515 Madison Ln

DatePriceEventSource
12/05/2025$420,000Sold
MRED as distributed by MLS GRID #12485697
11/05/2025$425,000ContingentMRED as distributed by MLS GRID #12485697
10/09/2025$425,000Listed For SaleMRED as distributed by MLS GRID #12485697
05/03/2006$320,000Sold
N/A

Market trends in Elgin

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$313K
$11.67KMoM
Sale-to-List Price
99.6%
Price per sq ft
$206
$3MoM
Available listings
234
30MoM
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Property Tax and Assessment

Year2024
Tax$8,981
Assessment$384,666
Home facts updated by county records

Homeowner tools

Estimated monthly rent$2,762/mo
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Homes for rent near 515 Madison Ln

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Comparable Sales for 515 Madison Ln

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
512 Shenandoah Trl, Elgin, IL
0.14
Single-Family Home
$377,500
06/12/26
3
2
1,360
500 N Lyle Ave, Elgin, IL
0.38
Single-Family Home
$369,900
12/08/25
3
1.5
1,558
2114 Country Knoll Ln, Elgin, IL
0.37
Single-Family Home
$365,000
08/22/25
3
2
1,553
609 N Lyle Ave, Elgin, IL
0.42
Single-Family Home
$360,000
01/16/26
3
2
1,440
2461 Tall Oaks Dr, Elgin, IL
0.32
Single-Family Home
$489,000
12/02/25
3
3
2,435
2022 Torino Dr, Elgin, IL
0.12
Single-Family Home
$480,000
04/09/26
4
2.5
2,740
520 N Lyle Ave, Elgin, IL
0.35
Single-Family Home
$350,000
12/18/25
4
2.5
1,727
195 Westgate Dr, Elgin, IL
0.37
Single-Family Home
$375,000
07/10/25
3
3
1,472

Nearby homes

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Assigned Schools

These are the assigned schools for 515 Madison Ln.
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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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Homes for sale near 515 Madison Ln

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Off Market Homes Near 515 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
515 Madison Ln, Elgin, IL 60123 is a 3 bedroom, 2 bathroom, 2,083 sqft single-family home built in 2005. 515 Madison Ln is located in Valley Creek, Elgin. This property is not currently available for sale. 515 Madison Ln was last sold on Dec 5, 2025 for $420,000 (1% lower than the asking price of $425,000). The current Trulia Estimate for 515 Madison Ln is $444,200.