According to Gumbumper.com power couple Jay Z and Beyoncé just purchased the Regal Theater on 79th street in Chicago, IL. If this is true we hear they will be restoring the small venue that seats up to 2400 people and bring more entertainment to Chicago like concerts, plays and performing arts.
The Regal Theater has been closed since 2010. The 22,000 square ft theater is a old Chicago treasure, it was built in 1927,architect John Eberson designed by its a one-of-a-kind building with intricate detailed exterior and interior elements. It would be a great investment we hear that the properties asking price in May 2013 was $100, 000.
Check out more details at GumBumper.com