July 29, 2008

Uptown Theatre Auction News

Uptown Theatre Bidders Take the Stage; Sale to end landmark theater's ownership struggle

by Chris Jones, Tribune critic

Want to buy Chicago's historic Uptown Theatre on Tuesday? It's relatively easy.

Head to the Judicial Sales Corp., 1 S. Wacker Drive, with a certified check for 25 percent of your likely maximum bid. If you are the highest bidder, the gorgeous, 4,300-seat, 46,000-square-foot entertainment palace designed by the legendary architectural team of Rapp and Rapp and located at 4814 N. Broadway will be yours.

You'll only need at least $40 million -- the precise figures depend on who you ask -- to bring the long-shuttered, 1925 venue back to life...

For complete article and continuing coverage, go here.

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