2851 Rascher Avenue, Lincoln Square, Chicago, Illinois 60625
$2,900,000
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For Sale
|
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| Status: | Active |
| Sqft: | 12,000 |
| Cost/Sqft: | $242 |
| Beds: | 6 |
| Baths: | 7 |
| Year Built: | 1947 |
| Property Taxes: | $36,519 |
| Days On Market: | 8 |
| Lot Size: | 0,00 |
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.
Property Specifics
| Single Family | |
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| — | |
| 1947 | |
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| No | |
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| Cook | |
| Budlong Woods | |
| — / Not Applicable | |
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| — | |
| 12449063 | |
| 13121110030000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 1 Dec, 2025 | Listed for sale | $2,900,000 | MRED MLS |
Room Specifics
Total Bedrooms: 6
Bedrooms Above Ground: 6
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
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Full Bathrooms: 7
Bathroom Amenities: —
Bathroom in Basement: 1
Rooms: —
Basement Description: —
Other Specifics
| 4 | |
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| 120 X 125 | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2025 | $36,519 |
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Listing Provided By
Baird & Warner
