An answer to a long-standing mystery finally was forthcoming today: What would the organization known as Chicago Muse do with the remaining proceeds from the sale of the Theatre Building Chicago, located at 1225 W. Belmont Ave., to Lukaba Productions?
The money, in excess of $500,000, is going to
On Wednesday, the board of directors of Chicago Muse announced it would cease to exist as an entity, and would give a little over $500,000 to Chicago Shakepeare Theater as an endowment "in support of the theater's ongoing commitment to commission, develop and produce new musicals."
Much of the money from the 2010 sale of the venerable
Public records list the sale price of the building as $1,000,000.