534 Terrace Ln

South Elgin, IL 60177

$699,900
Price
5
Beds
4,211 Sq. Ft.
$166 / Sq. Ft.
4,211
Sq. Ft.
$166
per Sq. Ft.
Get preapproved with Rocket Mortgage1

Description

Multiple offers received - highest and best due before noon on may 4, 2026 Fresh roof, famed schools and a community pool - oh my! Your "Forever Home" search ends here. Perfectly nestled within the prestigious Thornwood pool community, this residence isn't just a house-it's a lifestyle upgrade. Combining the security of a major structural update with the prestige of a Blue Ribbon education, this is the opportunity you've been waiting for. THE GOLD STANDARD OF EDUCATION AND INFRASTRUCTURE | Step into...Multiple offers received - highest and best due before noon on may 4, 2026 Fresh roof, famed schools and a community pool - oh my! Your "Forever Home" search ends here. Perfectly nestled within the prestigious Thornwood pool community, this residence isn't just a house-it's a lifestyle upgrade. Combining the security of a major structural update with the prestige of a Blue Ribbon education, this is the opportunity you've been waiting for. THE GOLD STANDARD OF EDUCATION AND INFRASTRUCTURE | Step into a future of total peace of mind. We are proud to offer a BRAND NEW architectural shingle roof, to be installed and tailored to your specific timeline-giving you the ultimate "new home" confidence. Beyond the roofline, your family will thrive in the celebrated St. Charles School District 303. Ranked among the top 25 districts in Illinois, your students will attend the National Blue Ribbon-winning St. Charles North High School-an elite institution recognized for both academic excellence and top-tier athletics. In Thornwood, you aren't just buying a home; you are investing in your children's future. SOPHISTICATED DESIGN FOR MODERN LIVING | Inside, discover a floor plan that effortlessly balances grand entertainment with quiet productivity. DUAL EXECUTIVE OFFICES | Two dedicated main-level offices offer the rare flexibility needed for today's professional couple. A CHEF'S CONNECTION | The granite-clad kitchen serves as the home's pulse, flowing beautifully into sun-drenched family and dining spaces. REFINED FINISHES | Rich hardwood floors sweep across both the main and second levels, complemented by newer windows (2020) that bathe the home in natural light. THE SUITE LIFE | Retreat to four sprawling above-grade bedrooms, featuring two private en suites and abundant walk-in closet space. RESORT-STYLE AMENITIES AND NATURE AT YOUR DOOR | Life in Thornwood feels like a permanent vacation. Spend your weekends at the $3.8 million clubhouse, splashing in the community pool, or competing on the sports courts. For those who crave the outdoors, over 164 acres of preserved prairies, wooded wetlands, and scenic ponds wrap around the neighborhood. Step out your back door to access five miles of paved trails connecting you to the legendary Fox River Trail system. A COMMUNITY WITH A SOUL | This isn't just a subdivision; it's a village. Showcasing a vibrant social calendar-including the beloved Pumpkin Frolic, Cookies with Santa, and community Easter egg hunts-this neighborhood is designed to create lifelong memories for families and young children. ADDITIONAL PROPERTY HIGHLIGHTS | Finished Lower Level: Expansive recreation room plus a dedicated fitness room (or 5th bedroom). Outdoor Sanctuary: A refurbished bi-level expanded patio overlooks a mostly fenced yard with a sun-soaked dedicated garden. Modern Essentials: 2nd-floor laundry with new washer/dryer (2023), newer water heater (2020), and a massive 3-car garage with a concrete drive. Rarely does a home offering this much security, prestige, and community spirit hit the market. Schedule your private tour today and experience the pinnacle of St. Charles living. Multiple offers received - highest and best due before noon on may 4, 2026
  1. Listed by Chris Vernald • Engel & Voelkers Chicago
    P: (630)-330-7191 C: (630)-330-7191 chris.vernald@evrealestate.com

Property Details for 534 Terrace Lane

Area
South Elgin
Subdivision
Thornwood
Township
St. Charles
Ownership
Fee Simple w/ HO Assn.
Num Of Garage Spaces
3.0
Num Of Parking Spaces
3.0
Parking Included in Price
Yes
Air Conditioning Type
Central Air
LISTING UPDATED: 05/03/2026 05:48 PM

Property Details for 534 Terrace Lane

StatusActive
MLS #12623089
Days on Market9
Taxes$13,918 / year
HOA Fees$175 / quarter
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeDetached Single / 2 Stories
Year Built1999
Lot Size0.25 AC / 10,890 SF
CountyKane County
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Location

Listing Courtesy of Engel & Voelkers Chicago
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Building Information for 534 Terrace Lane

Stories-Year Built1999Building Size-Lot Size0.25 AC / 10,890 SF

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$4,743 per month

30 year fixed, 6.46% Interest

Principal and Interest

$3,524

Property Taxes

$1,160

HOA Dues

$58

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Property Information for 534 Terrace Lane

General Information
School Information
  • Elementary School District: 303
  • Elementary School: Ferson Creek Elementary School
  • Jr High Middle School: Wredling Middle School
  • High School District: 303
  • High School: St Charles North High School
  • Middle Or Junior School District: 303
Addtl Parking Information
  • Parking Details: Concrete, Garage Door Opener, Yes, Garage Owned, Attached, Garage
Location and General Information
  • Front Exposure: East, West
Taxes and HOA Information
  • Association Fee Frequency: Quarterly
  • Association Fee Includes: Common Insurance, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Additional Parcels: No
Property Information
Interior Features
  • Interior Property Features: Cathedral Ceiling(s), Built-in Features, Walk-In Closet(s), Bookcases, High Ceilings, Granite Counters, Separate Dining Room, Pantry
  • Num Of Rooms: 13
  • Bedrooms Total: 4
  • Bedrooms (Below Grade): 1
  • Community Features: Clubhouse, Park, Pool, Tennis Court(s), Curbs, Sidewalks, Street Lights, Street Paved
  • Attic: Unfinished
  • Bath Amenities: Whirlpool,Separate Shower,Double Sink
  • Fireplace Features: Attached Fireplace Doors/Screen, Gas Log, Gas Starter, Masonry
  • Basement Type: Finished, Egress Window, Rec/Family Area, Storage Space, Full
  • Bedrooms Possible: 5
  • Air Conditioning: Central Air
  • Electric: Circuit Breakers, 200+ Amp Service
  • Flooring: Hardwood
  • Dining Room: Separate
  • Basement Bathrooms: No
  • Fireplace Location: Family Room
  • Room Type: Breakfast Room, Bedroom 5, Office, Walk In Closet, Study, Foyer, Recreation Room, Storage, Utility Room-Lower Level
  • Num of Baths: 3.1
Exterior Features
  • Patio And Porch Features: Patio
  • Type: 2 Stories
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan, Public
  • Appliances: Oven-Double, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances, Gas Cooktop, Gas Oven, Humidifier
  • Other Equipment: TV-Cable, CO Detectors, Ceiling Fan(s), Sump Pump, Water Heater-Gas
  • Utilities: Cable Available
Property/Lot Information
  • Exterior Property Features: Fire Pit
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: No
  • Age: 26-30 Years
  • Type Detached: 2 Stories
  • Total Sq Ft: 4211
  • Aprox Total Finished Sq Ft: 4211
  • Total Finished and Unfin Sq Ft: 4211
  • Lower Sq Ft: 1070
  • Main Sq Ft: 1537
  • Upper Sq Ft: 1604
  • Lot Description: Landscaped Professionally, Mature Trees, Level
  • Lot Size: Less Than .25 Acre
  • Lot Size Source: County Records
  • Lot Dimensions: 126 x 86
  • Other Structures: None
  • Waterfront: No
  • Disability Access and/or Equipped: No
  • Exterior Building Type: Vinyl Siding, Brick
  • Construction: Vinyl Siding, Brick
  • Roof Type: Asphalt
  • Foundation Details: Concrete Perimeter
  • General Information: School Bus Service
  • North Coordinate: 7
  • West Coordinate: 37
  • Living Area Source: Plans
  • Management Company: Premier Comm Mgt - nancy.dandrea@teampcmllc.com
Property and Assessments
  • Buyer Financing: Conventional, VA
  • Documents Available: Declarations/Bylaws,Floor Plan
  • Public Document Count: 7
  • Document Date: 2026-04-28T21:49:25
  • Photos Count: 45
  • Rural: N
  • OpenHouse Count: 1
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Room Information
Master Bedroom Information
  • Master Bedroom Level: Second
  • Room Type: Master Bedroom
  • Master Bedroom Bath: Full
  • Master Bedroom Dimensions: 19X16
Bedroom #2 Information
  • 2nd Bedroom Level: Second
  • Room Type: Bedroom 2
  • Bedroom #2 Room Dimensions: 15X12
Bedroom #3 Information
  • 3rd Bedroom Level: Second
  • Room Type: Bedroom 3
  • Bedroom #3 Room Dimensions: 14X11
Bedroom #4 Information
  • 4th Bedroom Level: Second
  • Room Type: Bedroom 4
  • Bedroom #4 Room Dimensions: 13X12
Bedroom #5 Information
  • 5th Bedroom Level: Basement
  • Room Type: Bedroom 5
  • Bedroom #5 Room Dimensions: 23X10
Dining Room Information
  • Dining Room Level: Main
  • RoomType_DR: Dining Room
  • Dining Room Dimensions: 15X12
Family Room Information
  • Family Room Level: Main
  • RoomType_FR: Family Room
  • Family Room Dimensions: 19X18
Kitchen Information
  • Kitchen Level: Main
  • RoomType_KT: Kitchen
  • Kitchen Dimensions: 15X13
Laundry Information
  • Laundry Level: Main
  • Room Type: Laundry
  • Laundry Dimensions: 12X6
Living Room Information
  • Living Room Level: Main
  • Room Type: Living Room
  • Living Room Dimensions: 15X12
Walk In Closet 1 Information
  • Room Level: Second
  • Room Type: Walk In Closet
  • Dimensions: 13X12
Walk In Closet 2 Information
  • Room Level: Second
  • Room Type: Walk In Closet
  • Dimensions: 9X8
Storage Room 1 Information
  • Room Level: Basement
  • Room Type: Storage
  • Dimensions: 14X13
Foyer Information
  • Room Level: Main
  • Room Type: Foyer
  • Dimensions: 16X8
Study Information
  • Room Level: Main
  • Room Type: Study
  • Dimensions: 14X10
Recreation Room Information
  • Room Level: Basement
  • Room Type: Recreation Room
  • Dimensions: 36X32
Office Information
  • Room Level: Main
  • Room Type: Office
  • Dimensions: 14X11
Breakfast Room Information
  • Room Level: Main
  • Room Type: Breakfast Room
  • Dimensions: 16X10
Utility Room Lower Level Information
  • Room Level: Basement
  • Room Type: Utility Room-Lower Level
  • Dimensions: 13X12

Property History for 534 Terrace Lane

DateEvent & SourcePriceAppreciation
Apr 25, 2026

Listed (Active)

MRED #12623089

$699,900—
May 7, 2001

Sold (Public Record)

Public Record #72954492

$371,500—
DateEvent & SourcePrice
04/25/2026

Listed (Active)

MRED #12623089

$699,900
05/07/2001

Sold (Public Record)

Public Record #72954492

$371,500

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 534 Terrace Lane

Taxable ValueLand$29,792Additions$149,876Total$179,668
Tax Record2024$13,814 ($1,151 / month)
Home Facts
Beds4Total Finished SqFt3,222 SqFtAbove Grade Finished SqFt3,222 SqFtStories2Lot Size10,400 SqFtStyleSingle Family ResidenceYear Built2001CountyKANEAPN09-05-257-015Fireplace TypeHas Fireplace

Schools near 534 Terrace Lane

This home is within Community Unit School District 303.
Rating
School
Type
Grades
Distance
Corron Elementary School
Public - K to 5
Wredling Middle School
Public - 6 to 8
St Charles North High School
Public - 9 to 12
Compass Academy
Public - 9 to 12
Rating
School
Distance
Corron Elementary School
PublicK to 5

Wredling Middle School
Public6 to 8

St Charles North High School
Public9 to 12

Compass Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 534 Terrace Lane, South Elgin, IL 60177

534 Terrace Lane is a single family home for sale in South Elgin, IL 60177. This property was listed for sale on April 25, 2026 by Engel & Voelkers Chicago, it's currently listed at $699,900. It has been on the market for a total of 9 days and was last sold on May 7, 2001. This listing's school district is Community Unit School District 303. Nearby schools include Corron Elementary School, Wredling Middle School and St Charles North High School. 534 Terrace Lane is a 5-bed, 4-bath, 4,211 sqft single family home built in 1999.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Engel & Voelkers Chicago

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 05/03/2026 05:48 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.