3548 W. Montrose Avenue,
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Opened in 1925 for the Ascher Brothers circuit, the Drake Theatre was taken over by the Balaban & Katz chain in 1942.
It was located in the Ravenswood neighborhood, near the intersection of W. Montrose Avenue and N. Drake Avenue. It had a narrow tall arched entrance, with the bulk of the auditorium hidden behind a block of apartments and retail units which were built at the same time as the theatre. Immediately to the left of the theatre entrance was the Drake Bowl in a separate building.
The Drake Theatre was closed in 1951, and demolished in 1970. The site of the theater is now a parking lot, although the apartment/retail block still stands. The bowling alley lasted into the mid-2000’s, but has since been demolished.
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