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550 Madison Lane Elgin, IL $ 334,900
550 Madison Lane
$ 334,900
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550 Madison Lane

Elgin, IL, 60123
$ 334,900
Bedrooms2 Baths2.1 Sq 1,783

Monthly Estimate*

$ 2,062

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Townhouse for sale in Elgin, IL

for $334,900 with 2 bedrooms and 2 full baths, 1 half bath. This 1,783 square foot townhouse was built in 2007.

Welcome to this beautiful Madison Lane townhome. This spacious home features two bedrooms plus a large loft, two-and-a-half bathrooms, and an unfinished basement, providing plenty of room to live, work, and entertain. The open-concept living and dining area is filled with abundant natural light and stunning two story space. The spacious living room with fireplace flows seamlessly into the dining room and kitchen, which boasts new appliances, ample cabinet space, and a pantry for additional storage. Enter from the garage into the laundry/mud room with new washer/dryer and additional cabinets. Upstairs, you'll find two generously sized bedrooms and a versatile loft offering endless possibilities-perfect for a home office, guest space, or hobby area.. The Primary Suite features a tray ceiling, large walk-in closet and private en-suite with dual vanity, soaking tub and separate shower. The unfinished basement, offers a blank canvas ready for your personal touch. Whether you envision a media room, play area, or additional living space, the possibilities are endless. Close proximity to Randal Rd shopping and restaurants and I90. This townhome combines functionality, flexibility, and style-ready to welcome you home!

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Townhouse Active

Price

$ 334,900

Bedrooms

2

Full Bath

2

Half Bath

1

Property Type

Townhouse

Taxes

$ 6,963

Style

Townhouse-2 Story

Year Built

2007

Town/City

Elgin

County/Region

Kane

MLS | Web ID

12547360

Features
General
Living Area 1783
Sewer Public Sewer
Heating Natural Gas Forced Air
Cooling Central Air
Possession Closing
Appliances Range Microwave Dishwasher Refrigerator
HOA Fee 275
Garage Spaces 2
Association Fee Includes Exterior Maintenance
Construction Materials Vinyl Siding Brick
Pets Allowed Cats OK Dogs OK
Year Built 2007
Township Elgin
Tax Year 2024
Ownership Fee Simple w/ HO Assn.
Assoc Fee Paid Per Monthly
County Kane
New Construction N
Property Type Residential Attached Single
Subdivision Name Madison Homes
Total Rooms 6
Full Baths 2
Status New
Directions Randall Rd E on Highland Ave N on Madison to property.
High School Larkin High School
City Elgin
High School District 46
MLS Area Elgin
Elementary School Creekside Elementary School
Tax Annual Amount 6963.42
Middle/Junior High School Kimball Middle School
Additional Parcels Y/N N
Virtual Tour https://www.zillow.com/view-imx/362605a6-42e2-4fea-afbb-79e48fa57840?wl=true&setAttribution=mls&initialViewType=pano
Standard Status Active
Middle/Junior School District 46
Elementary School District 46
Sub Type Townhouse-2 Story
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Interior
Interior Amenities Vaulted Ceiling(s)
Basement Unfinished Full
Flooring Hardwood
Total Fireplaces 1
Total Stories 2
Half Baths 1
Laundry Features In Unit
Total Bedrooms 2
Room Type Loft Foyer
Total Baths 3
Bedrooms Possible 2
Total Number of Units 5
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Exterior
Parking Features Garage Door Opener Yes Garage Owned Attached Garage
Water Source Public
Total Parking 2
Lot Dimensions 2178
Waterfront Y/N N
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* Excluded Features
List By
Redfin Corporation

Broker

christy.alwin@redfin.com

Email

Affordability Calculator

$2,642
Per Month
78%
22%
0%
Monthly Principal & Interest
$2,062
Monthly Property Taxes
$580
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1540738 Elementary School
1540256 Middle School
Larkin High School High School
Pricing History
DatePricePrice ChangeDescription
1/16/2026$334,900 Listed Price

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550 Madison Lane, Elgin, IL, 60123 is a Townhouse for sale at $334,900 with 1,783 sqft. 550 Madison Lane has 2 bedrooms, 2.1 baths, and was built in 2007. The property's zip code is 60123 which is in Elgin, IL