$422,677
PENDING NEW CONSTRUCTION

566 Madison Ln Elgin, IL 60123

Estimated payment $3,049/month

2 Beds
3 Baths
1,600 Sq Ft
$264 Price per Sq Ft

Highlights

  • Water Views
  • Open Floorplan
  • Deck
  • New Construction
  • Landscaped Professionally
  • 3-minute walk to Trinity Terrace Park

About This Home

Welcome to The Villas at Madison Lane, a stunning new construction community perfectly situated in Elgin! This highly sought-after Ranch Duplex with an English Basement features 3 bedrooms, 3 full bathrooms, and 1,600 square feet of beautifully designed, open-concept living space. Step inside to be greeted by an abundance of natural light and a thoughtfully designed living area with soaring 9' ceilings and luxury vinyl plank flooring throughout the main level. The heart of the home, the kitchen, boasts GE stainless steel appliances, sleek quartz countertops, a stylish tiled backsplash, and 36" soft-close cabinets with crown molding. The large eat-in island seamlessly connects to the family room, making it perfect for entertaining or enjoying everyday moments. The spacious primary suite offers a serene retreat, complete with a large walk-in closet and a spa-like en-suite bathroom featuring upgraded finishes, 12x24 ceramic tile, a double vanity with cultured marble countertops, and premium Moen fixtures / black accent finishes. A versatile carpeted secondary bedroom, a full hall bathroom, and a generously-sized laundry/mudroom round out the main level. Step outside onto the spacious deck, an ideal spot to unwind and enjoy views of the backyard. The English/Lookout basement is bathed in sunlight and offers incredible flexibility with a third carpeted bedroom, a full bathroom, and a bonus living area perfect for a home gym, recreation room, or additional entertaining space. Located just minutes from major expressways, shopping, dining, grocery stores, and more, this property combines convenience with modern luxury. Don't miss this incredible opportunity-schedule your tour today!

Listing Agent

Michael Mandile

Compass License #475174712 Listed on: 05/26/2025

Compass

Co-Listing Agent

Tim Lorimer

Compass

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2024 | New Construction

Lot Details

  • Lot Dimensions are 52x92
  • Home fronts a stream
  • Property is adjacent to nature preserve
  • End Unit
  • Landscaped Professionally
  • Wooded Lot

HOA Fees

  • $260 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Window Screens
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Storage
  • Water Views

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Sink Near Laundry

Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Home Security

Outdoor Features

  • Deck

Schools

  • Creekside Elementary School
  • Kimball Middle School
  • Larkin High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Air Filter
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Gas Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include insurance, lawn care, snow removal
  • 2 Units
  • Gordie Lewis Association, Phone Number (847) 209-7002
  • Madison Homes Subdivision

Pet Policy

  • Pets up to 100 lbs
  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Carbon Monoxide Detectors

Townhouse Details

Home Type

Townhome

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$260 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Townhouse-Ranch
  • Ownership: Fee Simple w/ HO Assn.
  • EntryLevel: 1
  • New Construction: Yes
  • Property Sub-Type: Townhouse-Ranch
  • Subdivision Name: Madison Homes
  • Year Built: 2024
  • Age: NEW Proposed Construction
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: 130
  • Property Sub Type: Townhouses
  • Stories: 1

Interior Features

  • Appliances: Microwave, Dishwasher, Refrigerator, Disposal, Oven, Electric Oven, Humidifier
  • Basement: Finished, Exterior Entry, Full, Daylight
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplaces: 3
  • Flooring: Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom, 1st Floor Full Bath, Storage, Walk-In Closet(s), High Ceilings, Open Floorplan
  • LivingArea: 1600
  • Other Equipment: CO Detectors, Backup Sump Pump;, Electronic Air Filters, Water Heater-Gas
  • Room Type: Mud Room, Foyer
  • Stories Total: 1
  • Window Features: Screens
  • Estimated Total Finished Sq Ft: 0
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Fireplace Location: Family Room,Living Room
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Builder

Exterior Features

  • Common Walls: End Unit
  • Construction Materials: Vinyl Siding, Brick
  • Foundation Details: Concrete Perimeter
  • List Price: 422677
  • Lot Features: Nature Preserve Adjacent, Landscaped, Wooded
  • OtherStructures: None
  • Patio And Porch Features: Deck
  • Roof: Asphalt
  • View: Water
  • Waterfront Features: Stream
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Asphalt, Garage Door Opener, On Site, Garage Owned, Attached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Main Level, Sink
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 260
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed
  • Management Contact Name: Gordie Lewis
  • Management Phone: 847-209-7002
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Lawn Care, Snow Removal

Schools

  • Elementary School: Creekside Elementary School
  • High School: Larkin High School
  • Middle/Junior School: Kimball Middle School
  • Middle/Junior School District: 46

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 52X92
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 100

Tax Info

  • Tax Year: 2022

Multi Family

  • Units in Building: 2

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2025 05/29/25 Pending -- -- --
05/26/2025 05/26/25 For Sale $422,677 -- $264 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12377341

Midwest Real Estate Data (MRED)