Google street view image for 8500 W Rascher Ave, Chicago, IL 60656

Off Market Feb 2004 for $880K

—

Est. refi paymentEst. refi $4,539/mo

•

6 ba

•

6,678

sq ft

8500 W Rascher Ave, Chicago, IL 60656

About this home

8500 W Rascher Ave is a 6,678 square foot multi-family home on a 5,829 square foot lot with 12 bedrooms and 6 bathrooms. - it last sold on February 17, 2004 for $880,000.

Multi-familyProperty Type

1969Year Built

5,829 sq ftLot Size

$132Price/Sq.Ft.

Source:Public Records

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in Far North Side, IL

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

103.4%

+0.3% MoM

Median sale price

$430K

$5K MoM

Avg. days on market

42d

1 days MoM

Recently sold homes

1,291

43 MoM

New listings for sale

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$605,900
5 beds2.5 baths1,581 sq ft
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3 beds1 bath1,536 sq ft
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$475,000
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See all

Provided by Redfin

Sale history for 8500 W Rascher Ave

Year

Property tax

Land + Additions

Assessment*

2023

$16,457 (+2.6%)

$11,658 + $66,342

$78,000

2022

$16,043 (+2.3%)

$11,658 + $66,342

$78,000

2021

$15,685 (+16.8%)

$11,658 + $66,342

$78,000

2020

$13,433 (−2.4%)

$7,286 + $53,014

$60,300

2019

$13,767 (−6.8%)

$7,286 + $61,237

$68,523

2018

$14,779 (+14.6%)

$7,286 + $67,532

$74,818

2017

$12,901 (+7.5%)

$6,411 + $53,519

$59,930

2016

$12,003 (+3.8%)

$6,411 + $53,519

$59,930

2015

$11,560

$6,411 + $56,674

$63,085

2014

$11,570 (+2.0%)

$5,829 + $56,535

$62,364

2013

$11,342 (+1.3%)

$5,829 + $56,535

$62,364

2012

$11,191 (−2.3%)

$5,829 + $56,535

$62,364

2011

$11,458 (−0.4%)

$8,160 + $62,551

$70,711

2010

$11,506 (+4.4%)

$8,160 + $62,551

$70,711

2009

$11,026 (+7.8%)

$8,160 + $62,551

$70,711

2008

$10,231 (+1.0%)

$8,393 + $62,927

$71,320

2007

$10,129

$8,393 + $62,927

$71,320

Tax history for 8500 W Rascher Ave

Year

Property tax

Land + Additions

Assessment*

2023

$16,457 (+2.6%)

$11,658 + $66,342

$78,000

2022

$16,043 (+2.3%)

$11,658 + $66,342

$78,000

2021

$15,685 (+16.8%)

$11,658 + $66,342

$78,000

2020

$13,433 (−2.4%)

$7,286 + $53,014

$60,300

2019

$13,767 (−6.8%)

$7,286 + $61,237

$68,523

2018

$14,779 (+14.6%)

$7,286 + $67,532

$74,818

2017

$12,901 (+7.5%)

$6,411 + $53,519

$59,930

2016

$12,003 (+3.8%)

$6,411 + $53,519

$59,930

2015

$11,560

$6,411 + $56,674

$63,085

2014

$11,570 (+2.0%)

$5,829 + $56,535

$62,364

2013

$11,342 (+1.3%)

$5,829 + $56,535

$62,364

2012

$11,191 (−2.3%)

$5,829 + $56,535

$62,364

2011

$11,458 (−0.4%)

$8,160 + $62,551

$70,711

2010

$11,506 (+4.4%)

$8,160 + $62,551

$70,711

2009

$11,026 (+7.8%)

$8,160 + $62,551

$70,711

2008

$10,231 (+1.0%)

$8,393 + $62,927

$71,320

2007

$10,129

$8,393 + $62,927

$71,320

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning

RT-4

Residential Two-Flat, Townhouse and Multi-Unit District

The primary purpose of the RT districts is to accommodate detached houses, two-flats, townhouses and low-density, multi-unit residential buildings at a density and building scale that is compatible with RS districts. The districts are intended to be applied in areas characterized by a mix of housing types. The districts are also intended to provide a gradual transition between RS districts and higher density RM districts. The RT districts are differentiated primarily on the basis of allowed density (minimum lot area per unit) and floor area ratios.

Permitted uses

Include but are not limited to:

Religious facility
Day care facility
Hospital / medical center
Housing-Group
Housing-Multiple units
Housing-Senior
Infrastructure
Bed & breakfast
Office
Public service

Property details

Interior

Basement Information
Basement Finish: Unfinished
Basement Type: Slab

Bathroom Information
# of Full Baths: 6

Exterior

Exterior Information
Physical Condition: Average
Building Style Type: Multi-Family
Exterior Wall: Masonry
Building Type: Residential

Property Information
Subdivision Name: NORDICA BLDG CORP S
Living Sq. Ft: 6,678
# of Units: 6
# of Stories: 3
Stories Type: 3

Parking & Garage Information
# of Parking Spaces: 2
Parking Type: Detached Garage
Garage / Carport Type: Detached

Lot Information
# of Buildings: 1
Land Sq. Ft: 5,829
Legal Lot Number: 15
Acres: 0.1338
Zoning Code: 10
County Use Description: APARTMENTS 2-6

Financial

Assessor Information
Assessment Year: 2023

Public facts

Beds: 12
Baths: 6.0
Sq. Ft.: 6,678
Stories: 3.0
Lot Size: 5,829 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1969
Year Renovated: —
County: Cook County
APN: 12111200150000

Home facts updated by county records on Jul 12, 2026

Around this home

Schools

Dirksen Elementary School

Public PreK-8 • Assigned • 0.4mi

7/10

Taft High School

Public 7-12 • Assigned • 2.5mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

9/10 Flood Factor

Estimated 80%+ chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 100° expected this year, 14 days in 30 years

2/10 Wind Factor

1% chance of strong winds in next 30 years

4/10 Air Factor

6 unhealthy days expected this year, 7 days in 30 years

Provided by First Street

Historical weather

Chicago, IL • 60656

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.3 hours in June and 3.4 hours in December, placing it below the U.S. average for solar exposure.

10.3 hrs

3.4 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

Track this home’s value and nearby sales activity

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New listings for sale in 60656

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5133 N Newcastle Ave, Chicago, IL 60656

$475,000

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$199,900

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Home values near 8500 W Rascher Ave

Data from public records.

Address	Redfin Estimate
8506 W Rascher Avenue Unit 3S, Chicago, IL 12 Beds \| 6 Baths \| 6678 Sq. Ft.	—
8514 W Rascher Avenue, Chicago, IL 12 Beds \| 6 Baths \| 6678 Sq. Ft.	—

Address	Redfin Estimate
8513 W Rascher Avenue Unit 1N, Chicago, IL 2 Beds \| 1 Baths \| 800 Sq. Ft.	$203,594
8507 W Catalpa Avenue Unit 2N, Chicago, IL 2 Beds \| 1 Baths \| 750 Sq. Ft.	$176,693

Address	Redfin Estimate
8513 W Rascher Avenue Unit 3N, Chicago, IL 2 Beds \| 1 Baths \| - Sq. Ft.	$221,541
8501 W Catalpa Avenue, Chicago, IL 12 Beds \| 6 Baths \| 4498 Sq. Ft.	—

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in Far North Side, IL

Sale history for 8500 W Rascher Ave

Tax history for 8500 W Rascher Ave

Zoning

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 60656

Home values near 8500 W Rascher Ave

More real estate resources