Corcoran Urban Real Estate
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22 Properties Within 0.5 miles of: 2851 W Rascher, Chicago
  • 5830 N Lincoln Unit 1E, Chicago, IL 60659
    $850,000
    6 bed | 4 bath
    2 more available units at this address
    $595,000 Unit 3E 3 bd / 2 ba
    $560,000 Unit 2W 3 bd / 2 ½ ba

2851 W Rascher
Chicago, IL 60625

  • 6 Beds
  • 5 / 2 Baths
  • 12,000 Sq. Ft.
  • Built In 1947
Price

$2,900,000

Est Payment
$18,416 / month (details)  
Taxes
$36,519  
Beds
6  
Baths
5 / 2  
Rooms
16  
Type
Detached Single  
Sq. Ft.
12,000  
Lot Size
120 X 125  
Built
1947  
Neighborhoods
Ravenswood, Budlong Woods  
MLS
#12449063
Status
Active (4 days)

Property 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 two-lane bowling alley (yes, really), 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.

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Property Map

Property Details

Rooms

Room
Level
Flooring
Size
Living Room
Main
26X19
Dining Room
Main
Hardwood
13X11
Kitchen
Main
Hardwood
24X16
Family Room
Basement
Carpet
30X26
Laundry
Second
6X5
Master Bedroom
Second
Hardwood
20X19
Bedroom 2
Second
Hardwood
19X15
Bedroom 3
Second
Hardwood
18X13
Bedroom 4
Second
Hardwood
17X15
Bedroom 5
Second
Hardwood
13X12
Bedroom 6
Second
Hardwood
20X11
Office
Main
Hardwood
32X14
Great Room
Main
Hardwood
37X35
Game Room
Basement
35X14
Theatre Room
Basement
Carpet
26X19
Kitchen- 2nd
Main
Hardwood
13X12
Utility Room-Lower Level
Basement
16X15
Walk In Closet
Second
19X6
Balcony/Porch/Lanai
Second
16X8

Utilities

  • Heating Natural Gas, Electric
  • Cooling Central Air
  • Water Public
  • Sewer Public Sewer

Additional Information

Interior Features
Wet Bar, 1st Floor Bedroom, 1st Floor Full Bath, Built-in Features, Walk-In Closet(s)
Exterior Features
Balcony, Hot Tub, Other
Appliances
Double Oven, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Wine Refrigerator, Range Hood
Sub/Complex
Budlong Woods
Parking
8 Parking Spaces (4 Garage Spaces), Concrete, Garage Door Opener, Yes, Garage Owned, Attached, Off Street, Owned, Garage, Parking included in price
Schools
District 299

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

12-01-2025 Listed at $2,900,000
Last Modified 12/5/25 11:28 AM

Nearby Transportation

  • Bus 93 0.1 mi
  • Bus 92 0.3 mi
  • Bus 11 0.3 mi
  • Bus 49B 0.6 mi
  • Bus X49 0.6 mi
  • Bus 49 0.6 mi
  • Bus 82 0.6 mi
  • Bus 84 0.7 mi
  • Bus 81 0.8 mi
  • Bus 50 1.1 mi
  • Bus 155 1.2 mi
  • Brown Line 1.0 mi
  • I 94 West 2.3 mi
  • I 90 West 2.4 mi
  • I 90 East 2.4 mi
  • I 94 East 2.4 mi
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