![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhfUWQ7JKGVwCI3wca4RvK7KZhcIbmuBrQuZ6n49Ks98FpRjqA5Co4i1RG9YdKuqdJlJ0nE2Qujet0QkxZtNWMrfz2qZ7YCoKZTBylHZHy8d98zz_MPG2ALeAjoS7HzsskrpgfnHA/s400/20180613_120003.jpg) |
The former garden space at Riverside Cafe. The restaurant and adjacent lot (shown here) have sat vacant since the building and adjacent lot sold for $2.5 million in 2015 (All photos Eric Rojas, Broker, Kale Realty) |
After serving Bucktown for 31 years
the Riverside Cafe closed in 2015. According to the story
the property was sold to a restaurant developer for $2.5 million in July 2015. Cook County Recorder of Deeds records at 1654-1656 W Cortland are little more complex... showing several lien releases (mechanics, lis pendens, City Water Department) in 2015 and a couple transfers of the property recorded in 2016.
A Trustees Deed was recorded for $1,750,000 to an LLC (a sales transaction) then a Quit Claim Deed to another LLC (transfer of property) and a mortgage recorded for $1,980,000 all on the same day of 2016. There is no recorded sale in 2015 from my viewing of public records.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhIjcVueizuCaexa5haOSDUbLFgeOq3BF4MwrnMkWL3hVXGEOa2QvPHR9oTaJlvR3GfK_uw73tach0qlvhK-BFqzAPc1NUUS5zZjNbWZZeU6CJoq-t_hEv6N5Qmf6hrnhnP3zj8bw/s400/20180613_115934.jpg) |
The vintage building was purchased by a restaurant developer to open a new restaurant and renovate the apartments back in 2015. |
The plan according to the DNAInfo report at the time was to open a new restaurant and renovate the apartments above. Rumor has it this unique vacant restaurant space has a future.... finally (whispers from another Broker selling property nearby). It's a nice property among several established bars, restaurants and services in unique little mixed use strip of Bucktown.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgpmN4KqsEdlQ8cz3jrCYyWlRxwaBSpEjsCQ26bz1yHT2cPJrOH2SQzpUHZ2L5KnKSmS97RLxU2GqYhtsbZmUBarNzdu-W7hm1XiRldwJtlu40IkVVK8YYJ3aP7zUKNYzRIY0RQBg/s400/20180723_104009.jpg) |
Restaurants and bars on each side of the street. |
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