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516 Madison Ln

Elgin, IL 60123

2 bd 3 ba 1,783 sqft Built 2005 Lot 2,288 sqft townhomes
No recorded sales

Location

Timeline: Sale, Listing & Tax History

Recorded events

No recorded events

No sale or listing events are on file for this property.

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $73,176 $28,236 $101,412 $6,973
2024 $73,176 $28,236 $101,412 $6,834
2023 $67,400 $26,007 $93,407 $6,511
2022 $55,522 $21,423 $76,945 $6,151
2021 $51,909 $20,029 $71,938 $5,882
2020 $49,555 $19,121 $68,676 $5,716
2019 $47,204 $18,214 $65,418 $5,549
2018 $48,875 $17,159 $66,034 $5,935
2017 $46,204 $16,221 $62,425 $5,803
2016 $42,865 $15,049 $57,914 $5,536
2015 $39,290 $13,794 $53,084 $5,460
2014 $32,355 $13,624 $45,979 $5,021
2013 $33,208 $13,983 $47,191 $4,195
2012 $35,870 $15,104 $50,974 $4,596
2011 $40,155 $16,908 $57,063 $4,718
2009 $44,444 $18,714 $63,158 $4,861
2008 $51,280 $20,062 $71,342 $4,937
2007 $23,159 $2,133 $25,292 $1,922

Property facts

Year built
2005
Property type
townhomes
Stories
2
Beds
2
Baths
3
Living area
1,783 sqft
Lot size
2,288 sqft
ZIP code
60123
City
Elgin
Street
Madison Ln
Coordinates
42.04397, -88.33148

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Frequently asked questions

When did 516 Madison Ln last sell?
No public-record sale is on file for 516 Madison Ln.
What is the current tax assessment for 516 Madison Ln?
The most recent total assessment for 516 Madison Ln (year 2025) is $101,412 with $6,973 in property tax.
When was 516 Madison Ln built?
516 Madison Ln was built in 2005.
How does 516 Madison Ln compare to others on Madison Ln?
We track 8 other properties on Madison Ln. Browse the list under "Other properties on Madison Ln" to compare beds, baths, and sale history.
What are the property facts for 516 Madison Ln?
516 Madison Ln is a 2 bed, 3 bath, 1,783 sqft, 2,288 sqft lot townhomes.
Is 516 Madison Ln a flip candidate?
No — 516 Madison Ln does not appear in our flips dataset.
Is 516 Madison Ln a tax-appeal candidate?
No — 516 Madison Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+4.4%
Implied 1-yr
+17.5%
2026 Q2
$368.8K
2026 Q3
$381.4K
ZIP 60123 — Median Price History + Forecast

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