It’s been about a month since the Latin fusion restaurant Altiro — where the once-beloved Erik’s Deli was previously located at 107 N. Oak Park Ave. — closed its doors.
But public records show that the building, owned by Erik’s owner Ajay Bhatia, went into foreclosure about eight months after Altiro opened in September 2017.
It’s unlikely that the closure of Altiro and the foreclosure were connected.
Neither Bhatia nor Altiro executive chef Roberto Avila could immediately be reached for comment.
A mortgage of $1 million was placed on the property in September 2016 but went into foreclosure less than two years later in May 2018. In addition, the condo association placed a lien on the property for $18,366 in August.
For those nostalgic for the days of Erik’s Deli, that restaurant also is unlikely to return. Shortly after its closure, Bhatia attempted to reopen Erik’s at the site currently occupied by Courageous Bakery and Café, 736 Lake St.
Signs appeared on the door of the restaurant storefront announcing that Erik’s was moving to the high-profile location, formerly occupied by Red Hen Bread, at the corner of Lake Street and Oak Park Avenue but Bhatia said in 2017 that the deal fell through.
It is uncertain how long the foreclosure process could take, resulting in a vacant storefront for the foreseeable future.