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- Description
- Property Details
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- Facts & Features
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$1,700,000
Monthly Est:$8,462
6 Beds
- 7 Baths
5 full baths + 2 half baths
12,000sqft
2851 W Rascher Ave, Chicago, IL 60625
$1,700,000
$8,462/moEst:
Get Pre-Approved
Single Family Residence
Built in 1947
$-- HOA
-- sqft lot
$142/sq.ft
Description
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.
- Houzeo last checked: 0 minutes ago
- Listing updated: October 16, 2026 at 3:24 pm
- Listing Provided by: Barbara O'Connor (773) 491-5631 | Baird & Warner (773) 326-6500
- Source: MRED MLS-IL | MLS#: 12747656

Property Details
Status
Pending
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
Year Built
1947
HOA Fees
-
Finished Area
12,000 sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
MRED MLS
MLS Number
12747656
MLS Status
Pending

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 7
Bedroom 5
Level: Second
Area: 156.00 Square Feet
Dimensions: 13X12
Bedroom 6
Level: Second
Area: 220.00 Square Feet
Dimensions: 20X11
Office
Level: Main
Area: 448.00 Square Feet
Dimensions: 32X14
Great Room
Level: Main
Area: 1295.00 Square Feet
Dimensions: 37X35
Game Room
Level: Basement
Area: 490.00 Square Feet
Dimensions: 35X14
Theatre Room
Level: Basement
Area: 494.00 Square Feet
Dimensions: 26X19
Kitchen- 2nd
Level: Main
Area: 156.00 Square Feet
Dimensions: 13X12
Utility Room-Lower Level
Level: Basement
Area: 240.00 Square Feet
Dimensions: 16X15
Walk In Closet
Level: Second
Area: 114.00 Square Feet
Dimensions: 19X6
Balcony/Porch/Lanai
Level: Second
Area: 128.00 Square Feet
Dimensions: 16X8
Bedroom 2
Level: Second
Area: 285.00 Square Feet
Dimensions: 19X15
Bedroom 3
Level: Second
Area: 234.00 Square Feet
Dimensions: 18X13
Bedroom 4
Level: Second
Area: 255.00 Square Feet
Dimensions: 17X15
Dining Room
Level: Main
Area: 143.00 Square Feet
Dimensions: 13X11
Family Room
Level: Basement
Area: 780.00 Square Feet
Dimensions: 30X26
Kitchen
Level: Main
Area: 384.00 Square Feet
Dimensions: 24X16
Laundry
Level: Second
Area: 30.00 Square Feet
Dimensions: 6X5
Living Room
Level: Main
Area: 494.00 Square Feet
Dimensions: 26X19
Master Bedroom
Level: Second
Area: 380.00 Square Feet
Dimensions: 20X19
Interior
Interior Features
Wet Bar, 1st Floor Bedroom, 1st Floor Full Bath, Built In Features, Walk In Closet(s)
Window Features
Screens
Cooling
Central Air
Appliances
Double Oven, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Wine Refrigerator, Range Hood
Exterior Features
Balcony, Hot Tub, Other
Heating
Natural Gas, Electric
Sewer
Public Sewer
Flooring
Hardwood
Construction
Year Built
Year Built: 1947
Home type
Single Family Residence
Foundation Details
Concrete Perimeter
Roof
Asphalt
Construction Materials
Brick
Utilities & Energy
Pool Features
In Ground
Electric
Circuit Breakers, 200+ Amp Service
Basement
Finished, Rec/family Area, Full, Daylight
Parking Features
Concrete, Garage Door Opener, Yes, Garage Owned, Attached, Off Street, Owned, Garage
Laundry Features
Upper Level, In Unit, Multiple Locations
Water Source
Public
Other Features
Subdivision Name
Budlong Woods
Community Features
Park, Pool, Tennis Court(s), Curbs, Sidewalks, Street Lights, Street Paved
Patio And Porch Features
Deck
Price History
| Date | Event | Price |
|---|---|---|
10/16/2026 Source: | Pending | $1,700,000 $142/sqft |
09/21/2026 Source: | Contingent (Active Under Contract) | $1,700,000 -5.56% $142/sqft |
08/31/2026 Source: | Listing Removed | $1,800,000 +5.88% $150/sqft |
08/31/2026 Source: | Listed for Sale | $1,700,000 -15.00% $142/sqft |
07/17/2026 Source: | Listing Removed | $2,000,000 +11.11% $167/sqft |
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This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC through Oct 30, 2026, 10:45AM. Midwest Real Estate Data, LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market. Based on information submitted to the MLS GRID as of Oct 30, 2026, 10:45AM. All data is obtained from various sources and has not been, and will not be, 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. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Some IDX listings have been excluded from this website. Information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID, MRED or Houzeo. The use of the MLS GRID Data may be subject to an end user license agreement. Properties displayed may be listed or sold by various participants in the MLS, Listings courtesy of MRED as distributed by MLS GRID. ©2026 Midwest Real Estate Data LLC. All Rights Reserved
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