Eric Rojas, Chicago Real Estate Broker

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Wednesday, October 22, 2014

Former Deni's Den building, Bucca di Beppo tear down is prime real estate in East Lakeview

2941 N Clark Street...out with the old. The 98'x125' property stretches 4 city lots.
We were walking down Clark Street last week and noticed this conspicuous lot.  The tear down at 2941 North Clark has a little history. A neighborhood guy caught me taking a photo and asked if I remembered the former night spot Deni's Den...a Greek night spot with belly dancers and all that. Apparently Deni Dimitreas was a local celebrity.

Deni bought the property for $130,000 in 1978 and sold in 1997 for $780,000.  The property was sold again in 2001 for $1,450,000 and then $1,800,000 in 2003.

More recently the site was formerly Buca di Beppo and things went downhill from there.  The property went into foreclosure by 2010 and was sold for $1,375,000 last year. By the way, we ate "in the kitchen" at Buca. Must have had a gift certificate.

Development plans have been presented for the site and a final approval is in the works.  The trend of large mixed use site re-development continues all around popular Lakeview.

1 comment:

Master said...

Thanks for the update