Listing provided courtesy of Baird & WarnerMREDas Distributed by MLSGrid- MLS# 12637282MLS Provider

2851 W Rascher AvenueChicago, IL 60625

Single Family · 6 Beds · 5 Full Baths · 2 Half Baths · 12,000 Sq. ft.
$2,000,000 Active

2851 W Rascher Avenue Overview

Time on Site:
56 days
Visits:
2

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.

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2851 W Rascher Avenue Facts & Features

  • Type Single Family
  • Sq. ft. 12,000
  • Price/Sq.ft. $167

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable
  • Association Fee Includes: None

School Information

  • School District: 299

Building Information

  • New Construction: No
  • Year Built: 1947

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Lincoln Square
  • Subdivision Name: Budlong Woods
  • Township: Jefferson

Community/Development

  • Community Features: Park, Pool, Tennis Court(s), Curbs, Sidewalks, Street Lights, Street Paved

Tax Information

  • Tax Annual Amount: $32,989.00
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 13121110030000
  • Property Type: Residential
  • Special Listing Conditions: None

Interior

Building Information

  • Approx. Total Finished SqFt.: 0
  • Disability Access: No
  • Total SqFt.: 0

Parking Information

  • Garage Spaces: 4

Beds/Baths

  • Bathrooms Full: 5
  • Bathrooms Half: 2
  • Bathrooms Total: 7
  • Bedrooms Total: 6
  • Bedrooms Possible: 6

Building Interior

  • Fireplace Location: Master Bedroom,Basement,Grand Entry Hall,Great Room

General Information

  • Appliances: Double Oven, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Wine Refrigerator, Range Hood
  • Basement: Finished, Rec/Family Area, Full, Daylight
  • Cooling: Central Air
  • Electric: Circuit Breakers, 200+ Amp Service
  • Fireplaces Total: 4
  • Flooring: Hardwood
  • Foundation Details: Concrete Perimeter
  • Heating: Natural Gas, Electric
  • Interior Features: Wet Bar, 1st Floor Bedroom, 1st Floor Full Bath, Built-in Features, Walk-In Closet(s)
  • Laundry Features: Upper Level,In Unit,Multiple Locations
  • Living Area: 12000
  • Living Area Source: Estimated
  • Other Equipment: Intercom, CO Detectors
  • Rooms Total: 16
  • Window Features: Screens

Exterior

Parking Information

  • Parking Features: Concrete, Garage Door Opener, Yes, Garage Owned, Attached, Off Street, Owned, Garage
  • Parking Total: 8

Lot Information

  • Additional Parcels: Yes
  • Lot Size Dimensions: 120 X 125
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick
  • Roof: Asphalt

General Information

  • Exterior Features: Balcony, Hot Tub, Other
  • Sewer: Public Sewer

Room Information

Room: Family Room

  • Level: Basement
  • Dimensions: 30X26

Room: Game Room

  • Level: Basement
  • Dimensions: 35X14

Room: Theatre Room

  • Level: Basement
  • Dimensions: 26X19

Room: Utility Room-Lower Level

  • Level: Basement
  • Dimensions: 16X15

Room: Dining Room

  • Level: Main
  • Dimensions: 13X11

Room: Great Room

  • Level: Main
  • Dimensions: 37X35

Room: Kitchen

  • Level: Main
  • Dimensions: 24X16

Room: Kitchen- 2nd

  • Level: Main
  • Dimensions: 13X12

Room: Living Room

  • Level: Main
  • Dimensions: 26X19

Room: Office

  • Level: Main
  • Dimensions: 32X14

Room: Balcony/Porch/Lanai

  • Level: Second
  • Dimensions: 16X8

Room: Bedroom 2

  • Level: Second
  • Dimensions: 19X15

Room: Bedroom 3

  • Level: Second
  • Dimensions: 18X13

Room: Bedroom 4

  • Level: Second
  • Dimensions: 17X15

Room: Bedroom 5

  • Level: Second
  • Dimensions: 13X12

Room: Bedroom 6

  • Level: Second
  • Dimensions: 20X11

Room: Laundry

  • Level: Second
  • Dimensions: 6X5

Room: Master Bedroom

  • Level: Second
  • Dimensions: 20X19

Room: Walk In Closet

  • Level: Second
  • Dimensions: 19X6

2851 W Rascher Avenue Neighborhood

Community

60625 (Chicago) Demographics

35
Median Age
20,166
Population Density (per sq. mile)
56%
College Educated
$73,114
Estimated Median Income
11,857
Estimated Total Home Owners
18,306
Estimated Total Renters
39% / 61%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

2851 W Rascher Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2851 W Rascher Avenue Market Data

Based on the last 30 days in this zip code

$543,445
Average List Price
$457
Average Price per Square Foot
39
Properties Sold
37
Average Days on Market
79
Properties for Sale
Calculations provided by Reliance Network

2851 W Rascher Avenue History

Date Event Value Agent
5/9/2026Source: MRED Status Change
Active
5/4/2026Source: MRED Added to Database
May 04, 2026