Retail N Illinois

Reza's Restaurant headed to Alsip following land auction

The long-time Chicago restaurateur who started Reza’s Restaurant at North Clark Street in Chicago’s Andersonville neighborhood about three decades ago, prevailed as the winning bidder for a property owned by the Village of Alsip at the corner of 117th and Pulaski Road.

“Reza’s will be part of a diversified cuisine on Pulaski Road, which is well-located to be enjoyed by the residents, the village’s substantial base of corporate headquarters and local businesses that make up the community,” said Mayor John Ryan. “We’re glad Reza invested in Alsip and I know he will make a great power partner to the many businesses on Pulaski.”

The village hired Chicago-based Diliberto Real Estate Services to auction the property as a way to accelerate the sales process for the gateway property. Diliberto is currently negotiating with various buyers and tenants on both Pulaski Road and Cicero Avenue, including hotels, breweries and indoor golf facilities.

“Certain properties on Pulaski Road and Cicero Avenue are gateway properties,” said Dino Diliberto. “These properties set the pace for further development. Pulaski Road is a perfect feeder of business to and from Mount Greenwood and together these markets create a synergy that’s very valuable for retail, commercial and residential uses.”