ROGERS PARK — The former Morseland bar building, which was closed down by the city late last year for operating without a license, hit the market this month.
Millennium Properties is asking $625,000 for the foreclosed property, said Brad Thompson, a vice president with the firm.
After a sign had been hung in the building's window advertising a "bank sale," Thompson said, he received "a lot of phone calls" from potential buyers.
A Pilates studio occupies part of the second floor of the building at 1218-20 W. Morse Ave.
The city said Gregory Altman, the previous owner of the bar and property, hadn't applied for a new business license after his expired in October and that his account with the city was on hold for owing city and state taxes.
Morseland Inc., of which Altman was president, was issued a state tax lien of $47,926 on March 7, 2011, and an additional lien of $57,607 on Nov. 8, 2012, according to state records.
Altman said in an email that the 2011 lien had been paid in full shortly after it was issued and the remaining balance was about $57,000.
According to police reports, the bar had been shut down by police on Nov. 5, 2012, for serving food and alcohol to the public "without a license."