The Apollo Theater Chicago is not the first Chicago theater to bear the name Apollo. In 1921, theatrical producer A. H. Woods opened the Apollo Theatre in the Chicago Loop District, at the corner of Randolph and Dearborn Streets.[3] Originally operated as a playhouse, the old Apollo Theatre was sold in 1927 to United Artists Corporation and was renamed the United Artists Theatre. It was demolished in 1989.
In 1991 Michael Leavitt and Fox Theatricals took ownership of the Lincoln Park venue,[4] then in 1996 Rob Kolsen took over.[5]
In 2005, a smaller 50 seat second stage was built, in what was formerly the Act One Bookstore. The smaller venue is popular for comedy, sketch shows, and improv theater.[6]