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Sale Pending at 2851 W Rascher Ave, Chicago, IL 60625 | MLS# 12747656 | Listing updated on 2026-10-16
Photo 1 of Sale Pending at 2851 W Rascher Ave, Chicago, IL 60625 | MLS# 12747656 | Listing updated on 2026-10-16
Photo 2 of Sale Pending at 2851 W Rascher Ave, Chicago, IL 60625 | MLS# 12747656 | Listing updated on 2026-10-16
Photo 3 of Sale Pending at 2851 W Rascher Ave, Chicago, IL 60625 | MLS# 12747656 | Listing updated on 2026-10-16
Photo 4 of Sale Pending at 2851 W Rascher Ave, Chicago, IL 60625 | MLS# 12747656 | Listing updated on 2026-10-16
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$1,700,000

Monthly Est:$8,462

  • Beds Icon6 Beds
  • Beds Icon
    7 Baths
  • Beds Icon12,000sqft

2851 W Rascher Ave, Chicago, IL 60625

$8,462/moEst:

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  • 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 MRED MLS-IL

Property Details

  • Status

    Pending

  • Type

    Single Family Residence

  • No. of Stories

    -

  • County

    Cook County

  • City

    Chicago

  • Neighborhood

    Lincoln Square

  • 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

DateEventPrice

10/16/2026

Source: mls_logoMRED MLS-IL #MRD12747656

Pending

$1,700,000

$142/sqft

09/21/2026

Source: mls_logoMRED MLS-IL #MRD12747656

Contingent (Active Under Contract)

$1,700,000 -5.56%

$142/sqft

08/31/2026

Source: mls_logoMRED MLS-IL #MRD12708151

Listing Removed

$1,800,000 +5.88%

$150/sqft

08/31/2026

Source: mls_logoMRED MLS-IL #MRD12747656

Listed for Sale

$1,700,000 -15.00%

$142/sqft

07/17/2026

Source: mls_logoMRED MLS-IL #MRD12637282

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,

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