Riviera Theatre Up For Sale
CHICAGO, IL — According to an email sent by the Friends of the Uptown, the historic Riviera Theatre went up for sale on Wednesday for $4.5 million — a figure which includes the attached commericial space. G.B. Property Management is handling the sale of the 1918 former Balaban & Katz movie house.
According to the Friends, the 2,500-seat Riviera was the second B&K “presentation house”, after the Central Park, and was built by Rapp & Rapp, who would continue a long and fruitful relationship with Balaban and Katz.
After closing in the early 1980s, it first became a nightclub, and by the end of the decade, transformed into one of Chicago’s most popular concert venues. It continued to host concerts into 2002.
(Thanks to the Friends of the Uptown for the news.)