$1,700,000
 $9,126 est/mo Sourced by Back At You

2851 W Rascher Avenue,Chicago, IL 60625

Chicago, IL 60625

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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.

Details

MLS #12747656
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive Under Contract
Year1947
Days On Site33
Listing Provided ByBaird & Warner | Barbara O'Connor

Features

Bed(s)6
Bath(s) 7 Total
SQ Feet12,000
Garage4
BasementY
PoolYes
Story(s)2

Interior

Rooms Total16
CoolingCentral Air
HeatingNatural Gas, Electric
Interior FeaturesWet Bar, 1st Floor Bedroom, 1st Floor Full Bath, Built-in Features, Walk-In Closet(s)
AppliancesDouble Oven, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Wine Refrigerator, Range Hood
Fireplaces Total4
Laundry FeaturesUpper Level, In Unit, Multiple Locations
Window FeaturesScreens

Exterior

Exterior FeaturesBalcony, Hot Tub, Other
RoofAsphalt
Foundation DetailsConcrete Perimeter
Construction MaterialsBrick
Patio And Porch FeaturesDeck
FencingFenced

Parking

Parking FeaturesConcrete, Garage Door Opener, Yes, Garage Owned, Attached, Off Street, Owned, Garage
Garage Spaces4

Utilities

SewerPublic Sewer
ElectricCircuit Breakers, 200+ Amp Service

Location

Community FeaturesPark, Pool, Tennis Court(s), Curbs, Sidewalks, Street Lights, Street Paved

Taxes

Tax Year2025
Tax Annual Amount34105.46

Area Information

StateIL
CountyCook
CityChicago
Zip Code60625
AreaCHI Lincoln Square
Community NameBudlong Woods
Listing VS Median (in Budlong Woods)
Price:
$1,700,000
low | high
Med:
$525,000
100% of Average
sqft:
12,000
low | high
Med:
1,657
100% of Average
$ / sqft:
$142
low | high
Med:
$317
73.650111825056% of Average
On site:
33
low | high
Med:
50
66% of Average
Sourced by Back At You

Market Activity 60625

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Learn More About This Property

StateIL
CountyCook
CityChicago
Zip Code60625
AreaCHI Lincoln Square
Community NameBudlong Woods
Listing VS Median (in Budlong Woods)
Price:
$1,700,000
low | high
Med:
$525,000
100% of Average
sqft:
12,000
low | high
Med:
1,657
100% of Average
$ / sqft:
$142
low | high
Med:
$317
73.650111825056% of Average
On site:
33
low | high
Med:
50
66% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $1.275M - $2.125M
sqft: 9,000 - 15,000
Nearby Listings Property ImageNearby Listings Details
5737 N Lincoln Avenue Property Photo 1
$1,900,000
5737 N Lincoln Avenue
Chicago, IL 60659
Listing Updated: September 28, 2026 at 5:21:33 PM PDT