Looking for a great place to live or the perfect investment property? Look no further! This immaculately clean 2-bedroom, 1-bathroom condo is located in a GORGEOUS neighborhood near the vibrant Cumberland area. This building is conveniently located near O'Hare, shopping, everyday amenities, and offers EASY INTERSTATE ACCESS. A QUICK CLOSE is possible-it's time to start making your best memories here! You will love having SHOPPING down the street, PARKS across the way, the O'Hare BLUE LINE close by, and beautiful FOREST PRESERVES within immediate reach. This unit is completely MOVE-IN READY with NEW PAINT throughout the entire unit in 2025, an UPDATED BATHROOM in 2026, a NEW WATER HEATER, a brand-new SAMSUNG FRIDGE and OVEN, and NEW WINDOW BLINDS. RENTALS ALLOWED! Combined with LOW ASSESSMENTS and LOW TAXES, this makes for the perfect INVESTMENT OPPORTUNITY. THIS UNIT WILL NOT LAST LONG! Set your appointment today! Please allow 2 hours' notice for all showings. Agents, show with confidence.
Make a winning offer with the help of a local agent
Around this home
Schools
K - 12
Preschool & daycare
Dirksen Elementary School
Public PreK-8 • Assigned • 0.4mi
7/10
Taft High School
Public 7-12 • Assigned • 2.6mi
6/10
Provided by GreatSchools
About
O'Hare
O'Hare, located between Rosemont and Schiller Park, is a transportation-focused and industrial Chicago neighborhood with runway-edge energy and pocket residential blocks. The neighborhood’s character concentrates around Mannheim Road and Higgins Road, where hotels, logistics offices, and late-night diners cycle with airport traffic. Low-slung brick bungalows and mid-century ranch homes sit behind wide arterials, while warehouses and cargo facilities define the edges. The CTA Blue Line’s O’Hare station sets a constant tempo of rolling suitcases and shift changes. Community touchstones include the Rosemont Theatre, the Donald E. Stephens Convention Center, and the Rivers Casino complex nearby.
Provided by Walk Score and Local Logic
Offer insights
8559 W Rascher Ave Unit 2N · $240,000
$240K and above
75% chance or better to win
Why $240K+ is a strong offer
SALE-TO-LIST
99.9%
Most homes are selling 0% below list price.
LIST PRICE
$240,000
Median list price in this area is $325,000. (35% higher than this home)
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Window blinds
Bedrooms
2 bedrooms
Bathrooms
1 full bathroom
Flooring
Vinyl flooring
Heating & cooling
Central air
Home design
Condominium
Attached single-level property
Second-floor entry
Parking
Off-site parking
1 parking space
Construction
Brick construction
Rehabilitated in 2025
Utilities
Lake Michigan water
Public sewer
HOA & community
Cats and dogs allowed, with a maximum pet weight of 6 pounds
Association fee includes water, parking, insurance, lawn care, scavenger service, and snow removal
Electricity and solar
View estimated energy costs and solar savings for this home
Sale and tax history for 8559 W Rascher Ave Unit 2N
Sale History
Tax History
Date
Event
Price
MRED as Distributed by MLS Grid #12171602
Nov 22, 2024
Sold (MLS) (Closed)
$206,000
$206/sq ft
Nov 2, 2024
Contingent (Contingent - Continue to Show)
—
Sep 24, 2024
Listed (Active)
$210,000
$210/sq ft
+13
Welcome to 8559 w Rascher A very clean condo in a gorgeous area Looking for a great place to live? Look no further! 2 bedroom, 1 bathroom condo located near populated Cumberland area. This building is conveniently located near Ohare,shopping, amenities and easy interstate access! Quick close possible- time to start making your best memories here! SHOPPING DOWN THE STREET, PARKS ACROSS THE WAY, OHARE BLUE LINE CLOSE BY, AND FOREST PRESERVES WITHIN IMMEDIATE REACH, THIS UNIT WILL NOT LAST LONG! SET YOUR APPOINTMENT TODAY! Please allow 2 hrs notice for all showings. Agents show with confident ****Please note, the 2023 Taxes without home owner Exemptions, once owner occupied, taxes will be lower. Rentals allowed Low assessment fees.
MRED as Distributed by MLS Grid #11488730
Sep 26, 2022
Sold (MLS) (Closed)
$178,000
$178/sq ft
Aug 24, 2022
Contingent (Contingent - No Showings)
—
Aug 17, 2022
Listed (Active)
$178,000
$178/sq ft
+9
Welcome home! This spacious, 2 bedroom/1 bath condo is a well-kept gem in a fantastic location, one block from a wonderful playground and park, walking distance to a forest preserve, close to O'Hare and Rosemont's shopping and entertainment district. Great-sized bedrooms with generous closet space. This condo is located in a well-maintained building in a quiet, friendly neighborhood, extremely close to public transportation including the blue line. Hardwood-laminate flooring throughout the unit, beautiful balcony overlooking courtyard facing east, allowing for the ability to enjoy the morning sun. Recently added new windows throughout the unit. Newer A/C and Heat. Second floor unit, one assigned parking spot included.
Public Records
Dec 30, 1994
Sold
$94,000
$94/sq ft
Public Records
Jan 8, 1981
Sold
$51,000
$51/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$2,043 (+314.0%)
$2,665 + $14,627
$17,292
2022
$494 (+5.0%)
$2,131 + $10,868
$12,999
2021
$470 (−3.1%)
$2,131 + $10,868
$12,999
2020
$485 (+0.3%)
$1,332 + $7,731
$9,063
2019
$483 (+1.5%)
$1,332 + $8,729
$10,061
2018
$476 (−6.6%)
$1,332 + $8,729
$10,061
2017
$510 (−35.2%)
$1,172 + $8,202
$9,374
2016
$787 (+4.1%)
$1,172 + $8,202
$9,374
2015
$756 (−33.1%)
$1,172 + $8,202
$9,374
2014
$1,130 (−29.9%)
$1,119 + $10,380
$11,499
2013
$1,613 (−0.2%)
$1,119 + $10,380
$11,499
2012
$1,616 (−15.0%)
$1,119 + $10,380
$11,499
2011
$1,902 (+19.7%)
$1,492 + $14,282
$15,774
2010
$1,588 (+3.5%)
$1,492 + $14,282
$15,774
2009
$1,534 (+13.3%)
$1,492 + $14,282
$15,774
2008
$1,355 (+3.2%)
$1,321 + $14,515
$15,836
2007
$1,313
$1,321 + $14,515
$15,836
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Condo/Co-op
County
Cook County
APN
12111210311003
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 24, 2026.
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
Climate risks
7/10 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
0% 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)
30
16
38
23
54
35
61
43
68
50
81
64
85
69
81
66
78
60
65
51
51
39
37
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
77/ 100
Good sunlight
Sunscore
This home receives average direct sun exposure in Chicago. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.4 hrs
4.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 8559 W Rascher Ave Unit 2N
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $195,000 and $250,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $195K to $250K.
Local rules require you to be signed in5309 N Delphia Ave #209, Chicago, IL 60656