$426,291
SOLD JUN 20, 2025

568 Madison Ln Elgin, IL 60123

2 Beds
3 Baths
1,600 Sq Ft
$260/mo HOA Fee

Recently Sold

$266 Per Sq Ft

10% Above List Price

3 Days on Market

Highlights

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

About This Home

As of June 2025

Welcome to The Villas at Madison Lane, a stunning new construction community perfectly situated in Elgin! This home is completed with drywall, giving you the unique opportunity to personalize the interior finishes to match your style-choose your cabinets, countertops, tile, flooring, appliances, and more! 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 soaring 9' ceilings throughout the main level. The heart of the home is the kitchen, where you can bring your dream space to life by selecting your ideal finishes. A large eat-in island seamlessly connects to the carpeted family room, creating the perfect setup for entertaining or enjoying everyday moments. The spacious primary suite serves as a serene retreat, complete with a large walk-in closet and a spa-like en-suite bathroom featuring a double sink vanity, a walk-in shower, and the opportunity to add your choice of stunning upgrades. A versatile carpeted secondary bedroom, a full hall bathroom, and a generously sized laundry/mudroom complete the main level. Step outside onto the spacious deck, the ideal spot to relax and enjoy views of the backyard. The fully finished English/Lookout basement is filled with natural light and offers incredible flexibility. It includes a third carpeted bedroom, a full bathroom, and an additional living area-perfect for a home gym, recreation room, or entertainment 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!

Last Agent to Sell the Property

Michael Mandile

Compass License #475174712 Listed on: 06/15/2025

Compass

Co-Listed By

Tim Lorimer

Compass

Last Buyer's Agent

Michael Mandile

Compass License #475174712 Listed on: 06/15/2025

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
  • Special Features: NewHome
  • 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

Exterior Features

  • Common Walls: End Unit
  • Construction Materials: Vinyl Siding, Brick
  • Foundation Details: Concrete Perimeter
  • List Price: 389000
  • 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

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2025
Closed on
May 27, 2025
Sold by
Meritus Homes Inc
Bought by
Rodrigo J Garcia Revocable Living Trust and Dolorez Garcia Revocable Living Trust
Seller's Agent
Michael Mandile
Compass
Buyer's Agent
Michael Mandile
Compass
List Price
$389,000
Sold Price
$426,291
Premium/Discount to List
$37,291
9.59%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.56%
Original Mortgage
$343,120
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2025
Sold by
Meritus Homes Inc
Bought by
Digangi Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,120
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2024
Sold by
Meritus Homes Inc
Bought by
Krawczyk Edward and Krawczyk Theresa

Purchase Details

Closed on
Nov 23, 2015
Sold by
Miller Charles P
Bought by
Miller Family Revocable Trust
Source: Public Records

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Range of Values:

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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
06/20/2025 06/20/25 Sold $426,291 +9.6% $266 / Sq Ft
06/18/2025 06/18/25 Pending -- -- --
06/15/2025 06/15/25 For Sale $389,000 -- $243 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12395549

Midwest Real Estate Data (MRED)