542 Madison Ln, Elgin, IL 60123 Property Records

Kane County property record for 542 Madison Ln, Elgin, IL 60123

Property Summary

Property Type	Single Family Home
Details	2 bd · 2 ba · 1,370 sqft · built 2005
Lot Size	0.63 acres (2,730 sqft)
Owner	Individual Name on File
Last Sale	$205,000 (Jul 2020)
Tax Bill	$6,079 (2025)
Deeds & Mortgages	Jul 2020 Sale & Mortgage Sep 2017 Transfer + 1 more
Flood Zone	Zone X (minimal risk)
APN	`06-09-453-079`

Property Details

APN / Parcel Number

Primary APN	`06-09-453-079`

Interior

Bedrooms	2 Beds
Full Baths	2 Baths
Total Rooms	5 Rooms
Stories	1 Story
Building Area	1,370 sqft Living Area
Gross Area	2,740 sqft
1st Floor Area	1,370 sqft
Basement Area	1,370 sqft
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 2005
Effective Year Built	Effective 2005
Construction Type	Frame
Lot Area	2,730 sqft (0.63 acres)
Lot Dimensions	78 ft deep x 35 ft wide
Garage Type	Attached
Parking Spaces	2 Parking Spaces

Utilities, Heating & Cooling

Cooling System	HVAC

Location & Zoning

Street Address	542 MADISON LN
City	ELGIN
State	IL
Zip	60123-2537
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	PT OF LOT 3 IN MADISON HOMES OF ELGIN SUB AS DESC IN DOC 2007K092213
Legal Subdivision	MADISON HOMES OF ELGIN SUB
Legal Block	3
Legal Lot Number	3
Jurisdiction	KANE IL
Township / Civil Division	ELGIN
Census Block Group	3
Census Block	3026
Census Tract	851909

Owner

542 Madison Ln is owned and occupied by an individual who bought it in July 2020.

Source: Kane County records, as of July 23, 2026

Owner of Record	Individual Name on File
Mailing Address	542 MADISON LN, ELGIN, IL 60123-2537
Occupancy	Owner Occupied
Owner Type	Individual

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Jul 17, 2020	Warranty Deed, Transfer · Conventional Mortgage KANE COUNTY TEACHERS CU
Sep 15, 2017	Quit Claim Deed, Transfer Quitclaim
Jul 19, 2017	Warranty Deed, Transfer · VA Mortgage PACOR MORTGAGE CORP

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jul 17, 2020 · Amount on File
Deed Sale	Jul 17, 2020 · Amount on File
Prior Sale	Jul 19, 2017 · Amount on File
Deed Document Number	202038744
Prior Transfer Date	Sep 8, 2017
Prior Transfer Doc	0000048514
Record Updated	Oct 29, 2026

July 2020: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	KANE IL
Recording Date	Jul 17, 2020
Property Address	542 MADISON LN, ELGIN, IL 60123-2537
Document Number	0000038744
Map Reference	DOC 2004K126735
Instrument Date	Apr 2, 2020
Instrument	2020K038744
Transaction Type	Transfer
Record Updated	Jul 27, 2021
Title Company	ATTORNEYS TTL GUARANTY FUND

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$205.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	542 MADISON LN, ELGIN, IL 60123-2537

Mortgage

Document Number	0000038745
Date	Jul 17, 2020
Instrument	2020K038745

Lender

Name	KANE COUNTY TEACHERS CU
Type	Credit Union

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	358 Months
Due	May 1, 2050

September 2017: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	KANE IL
Recording Date	Sep 15, 2017
Property Address	542 MADISON LN, ELGIN, IL 60123-2537
Document Number	0000048514
Instrument Date	Sep 8, 2017
Instrument	48514
Transaction Type	Transfer
Record Updated	Oct 11, 2017

Transaction

Tax	$0.00
Additional	Quitclaim Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Tenants by the Entirety
Address	542 MADISON LN ELGIN IL 601232537, ELGIN, IL 60123-2537

July 2017: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	KANE IL
Recording Date	Jul 19, 2017
Property Address	542 MADISON LN, ELGIN, IL 60123-2537
Document Number	0000037184
Map Reference	DOC2004K126735
Instrument Date	Jun 29, 2017
Instrument	2017K037184
Transaction Type	Transfer
Record Updated	Jul 27, 2021
Title Company	FIRST AMERICAN TITLE

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$180.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	00000

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	542 MADISON LN, ELGIN, IL 60123-2537

Mortgage

Document Number	0000037185
Date	Jul 19, 2017
Instrument	2017K037185

Lender

Name	PACOR MORTGAGE CORP
Type	Mortgage Company

Agreement

Type	VA Mortgage
Amount	Amount on Record
Term	361 Months
Due	Aug 1, 2047

Tax Assessment & Valuation

The 2025 property tax bill for 542 Madison Ln was $6,079 with a homeowner's exemption.

Source: Kane County assessment roll, as of July 23, 2026

Property Jurisdictions

Type	Name
State	Illinois
County	Kane County
County Subdivision	Elgin Township
Municipality	Elgin City
Unified School District	School District U-46 (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$6,079.00 Homeowner's exemption	$87,684 (+8.57%) Land $28,236 Building $59,448	$263,157 (+8.57%) Land $84,742 Building $178,415
2024		$80,762 Land $26,007 Building $54,755	$242,383 Land $78,052 Building $164,331
2022	$5,248.00 (+4.69%) Homeowner's exemption	$66,528 (+6.96%) Land $21,423 Building $45,105	$199,584 (+6.96%) Land $64,269 Building $135,315
2021	$5,013.00 Homeowner's exemption	$62,199 Land $20,029 Building $42,170	$186,597 Land $60,087 Building $126,510

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

FEMA maps place 542 Madison Ln in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective October 8, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	3 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 542 Madison Ln is low, with less than a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 99.1% of the US · lower than 94% of Illinois
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	ELGIN serves 114,797 people · EPA ID IL0894380
Water Source	Surface water
Last State Inspection	Aug 2025
Lead	19 ppb (2026) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	8 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 543 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
Astound Broadband Cable	1,500 / 50
Verizon Fixed Wireless	300 / 20
AT&T DSL · Fiber in parts of the area	100 / 20

May also be available: Fox Valley Internet, T-Mobile.

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