Thursday, March 24, 2011

Gioco "Shuttered" Over Taxes

According to today's Crain's ChicagoBusiness, South Loop restaurant pioneer, Gioco, closed Wednesday due to falling behind on "employee withholding and sales tax payments."

Gioco was the first of the upscale restaurants on S. Wabash Ave. in the South Loop.

The popular Italian eatery at 1312 S. Wabash Ave. had its state license revoked, while the tax matter is being addressed. The Jerry Kleiner empire that once included such upscale fare as Marché, Room 21, and Opera, now includes only one restaurant--Red Light in the West Loop.

One of several identical signs posted on the windows of Gioco

According to Kleiner, Gioco is profitable, although no actual numbers were disclosed. Gioco's former neighbor, Opera is due to reopen as The Scout this spring.

What do you think? Will Gioco reopen? Would you be sorry to see it go?


  1. I wasn't a big fan this place. Personally i thought it was overpriced for Italian. But, I do hate to see another place in the South Loop close...


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