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Chicago’s last Bennigan’s to close

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The very last Bennigan’s restaurant in the city of Chicago will close by the end of the year, falling victim to rising rent at its Michigan Avenue location.

Building owners shopped the space at 150 S. Michigan, a prime location near the Art Institute and Millennium Park, and told the Bennigan’s Chief Financial Officer they found a tenant to pay twice what the company is paying – a price the restaurant can not sustain.

Bennigan’s CFO Scott Arnold told the Chicago Tribune all 88 employees will lose their jobs if they are not hired by nearby Bennigan’s – the closest being in suburban Elgin.

After more than 20 years, the restaurant’s last day will be December 16, 2013.

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