2851 W Rascher Avenue

Chicago, IL
$ 1,700,000 Beds 6 Baths 6 Sq 12,000 Virtual Tour
Monthly Estimate* How much can I afford?

WELCOME TO THE RASCHER MANSION. Situated in the highly sought-after northwest corner of Lincoln Square in Budlong Woods, this home is the epitome of chic urban living-a captivating destination for those in search of a true standout residence. Set on an expansive 120' x 125' lot (no alley gives home added 10' in depth) and offering approximately 12,000 sq ft of luxurious living space, the mansion effortlessly blends grandeur, comfort, and sophisticated design. As you enter, you're greeted by two distinct living areas. One features soaring 18-foot ceilings, a European-crafted floor-to-ceiling fireplace mantle, and a custom wet bar-creating a dramatic gathering space. Adjacent, large south-facing windows flood the second living room with natural light and frame sweeping views of the backyard, with effortless access to a deck that leads to an inviting in-ground pool, a multi-use court, and a full side yard. The heart of the home is a chef's dream: a vast, open kitchen flows seamlessly into the dining area, anchored by an oversized island with seating for ten, abundant cabinetry, premium appliances, and a dedicated beverage center. Just off the main floor is a sophisticated home office complete with a cozy sitting area and a full bath-designed for both productivity and privacy. Graceful staircases ascend to the second level-and descend to the lower level-creating a sense of connection across all floors. On the upper level, six spacious bedrooms are arranged around four full bathrooms, three of which are en suite. The lavish primary suite is a private retreat unto itself, featuring a sitting room, a private office, a stately bedroom, a marble-clad bath, its own balcony, and a dedicated laundry area. A secondary laundry hook-up in one of the bedrooms adds exceptional convenience.The lower level is built for entertainment and recreation. Here, you'll find a full theater room, a fitness center complete with a third laundry hook-up, and an expansive family room-ideal for leisure, exercise, or hosting events. Stepping outside, the fun continues. Beyond the deck lies a below-ground pool with a hot tub nestled into the landscape. The adjacent multi-sport court accommodates basketball, tennis, pickleball-or even a child's tricycle-while a generously sized playset invites endless imaginative play. A four-car garage, beautiful pavers, and thoughtful landscaping complete the outdoor tableau. Beyond the property's gates, the neighborhood charms persist. Just steps away are the serene walking trails of Legion Park-affectionately dubbed "Bicycle Paradise"-the scenic riverwalk, lush parks, and a vibrant Nature Center. Lincoln Square's best restaurants and Andersonville's boutiques are minutes away, offering cultural depth without the hustle of congestion. This is more than simply a home-it's a rare urban refuge where luxury, leisure, and lifestyle converge. Welcome to your own private oasis in the city.

Active

  • Price
  • $ 1,700,000
  • City
  • Chicago
  • Bedrooms
  • 6
  • Full Bathrooms
  • 5
  • County
  • COOK
  • Half Bathrooms
  • 2
  • Area
  • CHI - Lincoln Square
  • Lot Size
  • Zip
  • 60625
  • Sqr Footage
  • 12,000
  • Year Built
  • 1947
  • Taxes
  • $ 34105
  • Style
  • MLS#
  • 12747656
Listed By: Baird & Warner
Data Source: Midwest Real Estate Data (MRED)

Features

General

Living Area 12000
Sewer Public Sewer
Heating Natural Gas,Electric
Cooling Central Air
Possession Closing
Roof Asphalt
Appliances Double Oven,Microwave,Dishwasher,High End Refrigerator,Washer,Dryer,Wine Refrigerator,Range Hood
Garage Spaces 4
Association Fee Includes None
Construction Materials Brick
Year Built 1947
Electric Circuit Breakers,200+ Amp Service
Township Jefferson
Tax Year 2025
Ownership Fee Simple
Community Features Park,Pool,Tennis Court(s),Curbs,Sidewalks,Street Lights,Street Paved
Additional Parcels Description 13121110610000,13121110040000
Assoc Fee Paid Per Not Applicable
County Cook
New Construction No
Property Type Residential
Subdivision Name Budlong Woods
Total Rooms 16
Full Baths 5
Status Active
Directions Foster to California,North to Rascher,West to 2851.
City Chicago
High School District 299
MLS Area CHI - Lincoln Square
Tax Annual Amount 34105.46
Additional Parcels Y/N Yes
Virtual Tour https://tours.positiveimagelive.com/2345097?idx=1
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
Property Type Detached Single

Interior Features

Interior Amenities Wet Bar,1st Floor Bedroom,1st Floor Full Bath,Built-in Features,Walk-In Closet(s)
Basement Finished,Rec/Family Area,Full,Daylight
Flooring Hardwood
Total Fireplaces 4
Half Baths 2
Laundry Features Upper Level,In Unit,Multiple Locations
Total Bedrooms 6
Room Type Kitchen,Balcony/Porch/Lanai,Bedroom 5,Bedroom 6,Game Room,Great Room,Office,Sitting Room,Theatre Room,Utility Room-Lower Level,Walk In Closet
LivingAreaSource Estimated
Total Baths 7
Bedrooms Possible 6

Exterior Features

Exterior Amenities Balcony,Hot Tub,Other
Parking Features Concrete,Garage Door Opener,Yes,Garage Owned,Attached,Off Street,Owned,Garage
Water Source Public
Total Parking 8
Foundation Details Concrete Perimeter
Lot Dimensions 120 X 125
Waterfront Y/N No
Other Equipment Intercom,CO Detectors

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Chicago, IL office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/31/2026 Listed $1,700,000

Property vs Zip Code Average in 60625

Price
AVG $1.39M
$1.7M
Taxes
AVG $21,859
$34,105
Year Built
AVG 1976
1947
Visits
AVG 54
30
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

2851 W Rascher Avenue Chicago, IL is a Single Family Home for sale at $1700000 with 12000 sqft and a lot size of Acre(s). 2851 W Rascher Avenue Chicago has 6 bedrooms, 5 baths and was built in 1947. The property's zip code is 60625 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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