Active Under Contract

$1,700,000

2851 Rascher Avenue, Chicago, IL 60625
6 Beds7 Baths0 sqft22 days
2851 Rascher Avenue·Chicago, IL 60625
6Bedrooms
7Bathrooms
0Sq Ft
1947Year Built
About This Home

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.

MLS# 12747656Listed August 31, 2026ResidentialSubdivision: Budlong Woods
Property Details

Beds & Baths

Total Bedrooms6
Total Bathrooms7
Full Baths5
Half Baths2
Total Rooms16

Size & Structure

Living Area0 sqft
Garage Spaces4
Fireplaces4
Year Built1947
Lot Size120 X 125

Location

CountyCook
TownshipJefferson
SubdivisionBudlong Woods
Zip Code60625

Financial

List Price$1,700,000
Annual Taxes (2025)$34,105
Monthly Tax Est.$2,842
Parcel #13121110030000
Interior Features

Appliances

Double OvenMicrowaveDishwasherHigh End RefrigeratorWasherDryerWine RefrigeratorRange Hood

Flooring

Hardwood

Heating

Natural GasElectric

Cooling

Central Air

Basement

FinishedRec/Family AreaFullDaylight

Laundry

Upper LevelIn UnitMultiple Locations
Exterior & Lot

Construction

Brick

Roof

Asphalt

Foundation

Concrete Perimeter

Exterior Features

BalconyHot TubOther

Patio & Porch

Deck
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Electric

Circuit Breakers200+ Amp Service

Parking

ConcreteGarage Door OpenerYesGarage OwnedAttachedOff StreetOwnedGarage
HOA & Community

HOA Includes

None

Community Features

ParkPoolTennis Court(s)CurbsSidewalksStreet LightsStreet Paved
Tax & Financial
Annual Taxes
$34,105
Tax Year 2025
Monthly Tax Est.
$2,842
per month
Property Location

2851 Rascher Avenue, Chicago, IL 60625 — Cook County

$1,700,000
2851 Rascher Avenue
6 bd7 ba0 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
22 days on market
4-car garage
4 fireplaces
120 X 125
$34,105/yr taxes
$11,776
estimated monthly payment
Principal & Interest
$8,934/mo
Property Tax
$2,842/mo
$1,700,000
20% — $340,000
3%50%
6.875%
3%12%
Loan Amount
$1,360,000
Down Payment
$340,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Baird & Warner
Agent: Barbara O'Connor
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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