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

$327,000

Trulia Estimate
  • 2 Beds
  • 2.5 Baths
  • 1,783 sqft

548 Madison Ln, Elgin, IL 60123

Valley Creek
Refinance Your Home
Currently Off Market - Sold Oct 9, 2019 for $195,000

Home Value

Trulia Estimate
$327K
Since last month
Increased$700 (+0.2%)
Since last year
Increased$10K (+3.1%)
Since last sale
Increased$132K (+67.8%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +73% in the last 10 years
MonthEstimated value
2026
August 2026$327K
August 2026$327K
July 2026$327K
June 2026$333K
May 2026$330K
April 2026$325K
March 2026$322K
February 2026$313K
January 2026$312K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
550 Madison Ln, Elgin, IL
0.00
Townhouse
$333,700
03/20/26
2
2.5
1,783
503 Shagbark Dr, Elgin, IL
0.45
Townhouse
$300,000
09/30/25
2
2.5
2,058
503 Shagbark Dr #503, Elgin, IL
0.45
Townhouse
$300,000
09/26/25
2
2.5
2,058
2133 Colorado Ave, Elgin, IL
0.37
Townhouse
$218,000
12/18/25
3
2
1,200
514 Madison Ln, Elgin, IL
0.08
Townhouse
$310,000
11/18/25
2
2.5
1,771
805 Millcreek Cir, Elgin, IL
0.73
Townhouse
$297,000
11/18/25
2
2
1,904
519 Shagbark Dr, Elgin, IL
0.47
Townhouse
$355,000
03/09/26
3
3.5
2,080
850 Millcreek Cir, Elgin, IL
0.72
Townhouse
$307,000
11/02/25
2
2
1,449
919 Millcreek Cir, Elgin, IL
0.78
Townhouse
$335,000
06/30/26
2
2
1,904
510 Shagbark Dr #510, Elgin, IL
0.51
Townhouse
$365,000
10/10/25
3
3
1,538

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
568 Madison Ln, Elgin, IL 60123
0.01
$452,800
3
3
1,600
Off Market
550 Madison Ln, Elgin, IL 60123
0.00
$333,700
2
2.5
1,783
Recently Sold
550 Madison Ln #550, Elgin, IL 60123
0.00
$363,800
2
2.5
2,000
Off Market
560 Madison Ln, Elgin, IL 60123
0.03
$458,300
3
3
1,600
Off Market
566 Madison Ln, Elgin, IL 60123
0.04
$449,800
3
3
1,600
Off Market
558 Madison Ln, Elgin, IL 60123
0.04
$413,200
3
3
1,600
Off Market
540 Shenandoah Trl, Elgin, IL 60123
0.06
$388,800
3
2
1,695
Off Market
532 Shenandoah Trl, Elgin, IL 60123
0.07
-
3
2.5
1,764
Off Market
516 Madison Ln, Elgin, IL 60123
0.08
$358,700
2
2.5
1,783
Off Market
572 Madison Ln, Elgin, IL 60123
0.07
$453,700
3
3
1,600
Off Market
2165 Savannah Rd, Elgin, IL 60123
0.08
$373,900
3
2
1,848
Off Market
514 Madison Ln, Elgin, IL 60123
0.08
$310,000
2
2.5
1,771
Recently Sold

Local Information

  • Map ViewExplore the area around 548 Madison Ln.
  • Schools2 Preschool Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Townhouse
Year Built
2007
Living Area
1,783 sqft
Price/Sqft
$183
Parking
Garage

About this House

POPULAR BIRCH MODEL has wonderful open floorplan w/vaulted great room, open kitchen+dinette+formal dining area+loft. Oak cabinets, 6 panel doors & attractive decor thruout. 1st floor laundry adjacent to spacious kitchen! Lrg walk-in closet in master BR suite. Private rear deck walks out to open green space near school playground! Great storage in full English bsmt.
548 Madison Ln, Elgin, IL 60123 is a 2 bedroom, 3 bathroom, 1,783 sqft townhouse in Valley Creek, built in 2007. It last sold for $195,000 on Oct 9, 2019. More recently, it was listed as a rental in April 2015 with an asking price of $1,700 per month. That rental listing was removed on June 26, 2015. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $327,000, with a rent estimate of $2,455/month.

Home Details for 548 Madison Ln

Interior Features

Interior Details
BasementTypes of Rooms: Dining Room
Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2Floors: Tile, Carpet
Appliances & Utilities
Cable ReadyDishwasherDisposalDryerMicrowaveRefrigeratorWasher
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: Asphalt, OtherDeckExterior: Brick
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 2007
Property Type / Style
Property Type: Townhouse

Community

Units in Building: 5

Lot Information

Lot Area: 2178 sqft

Price and Tax history

DateEventPrice
Oct 9, 2019
Source: MRED as distributed by MLS GRID #10458706
Sold
$195,000
Sep 20, 2019
Source: Agent Provided
Pending
$199,900
Sep 10, 2019
Source: Agent Provided
PriceChange
$199,900
Price decreased by 5%
Jul 22, 2019
Source: Agent Provided
Listed For Sale
$209,900
Jun 26, 2015
Source: Agent Provided
ListingRemoved
$1,600

Market trends in Elgin

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$337K
$15KMoM
Sale-to-List Price
100.1%
0.1%MoM
Price per sq ft
$207
$2MoM
Available listings
251
12MoM

Around this home

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
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 548 Madison Ln

  • What is 548 Madison Ln estimated to be worth?
    Trulia's estimated value for 548 Madison Ln in Elgin, IL is $327,000.
  • What is the price history for 548 Madison Ln?
    548 Madison Ln in Elgin, IL last sold for $195,000 in October 2019.
  • Is Elgin a buyer's or seller's market?
    Elgin is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Elgin?
    The median sale price in Elgin is $337K. That is up $15K from the prior month.
  • Does 548 Madison Ln have air conditioning?
    Yes, 548 Madison Ln in Elgin, IL has air conditioning.
  • Does 548 Madison Ln have laundry facilities?
    Yes, 548 Madison Ln in Elgin, IL has in-unit laundry.

Explore by feature - Pet Friendly

30 pet-friendly rentals in Elgin, IL

Explore by feature - Garage

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Explore by feature - Air Conditioning

60 rentals with air conditioning in Elgin, IL

Explore by feature - Pool

21 rentals with a pool in Elgin, IL

Explore by feature - Washer/dryer

49 rentals with a washer/dryer in Elgin, IL

Explore by feature - Outdoor Space

9 rentals with an outdoor space in Elgin, IL

Apartments for Rent

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