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Detached Single · Chicago, IL
$1,800,000
6 beds · 6 baths · 12,000 sqft
2851 W Rascher Avenue, Chicago, IL, 60625
A brick-and-mortar place to make your own — room to make it home.
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What’s special

Central air4-car garageIn-unit laundry
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.
— the listing agent’s description

The home

6 beds
6 baths
12,000 sqft
Built in 1947
Lot 120 X 125
4-car garage
Detached Single

What it’ll cost

$150 / sqft
$32,989 taxes / yr
No HOA
26 days on dwello

Estimated monthly payment

$12,845/mo
Principal & interest$9,571
Property taxes$2,749
Homeowners insurance$525
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Tour this home

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WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
11:00 am
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26 days on dwello
Price history
Listed for sale
Jul 17, 2026
$1,800,000
Earlier records
Listed
May 4, 2026
$2,000,000
Listed
Feb 26, 2026
$2,500,000
From MLS records — independently verify.
Property taxes
2025
Annual tax bill (MLS)
$32,989/yr
Assessed value
2025
County assessor
$50,536~$505,360 mkt
2024
$50,536~$505,360 mkt
2023
$54,371~$543,710 mkt
2022
$54,371~$543,710 mkt
2021
$54,371~$543,710 mkt
2020
$43,968~$439,680 mkt
2019
$49,108~$491,080 mkt
2018
$49,108~$491,080 mkt
Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.

Features

Central AirNatural GasElectricBrickPublic SewerConcreteGarage Door Opener

Schools nearby

Jamieson Elementary School · 0.3 mi
7th Day Adventist North Shore School · 0.3 mi
Saint Hilary School · 0.3 mi
Northside College Preparatory High School · 0.4 mi
Budlong Elementary School · 0.4 mi
This listing didn’t include assigned schools, so these are the closest schools (OpenStreetMap) — not necessarily the attendance-zoned schools. Confirm assignment with the district.
Neighborhood
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Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing dataMRED
Listed by Barbara O'Connor · Baird & Warner
Listing last updated Aug 11, 2026 · data refreshed from the MLS Aug 11, 2026, 3:16 PM CT
Based on information submitted to the MLS GRID as of Aug 11, 2026, 3:16 PM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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