Rumor: Jay Z & Beyonce Bought The New Regal Theater In Chicago?

Rumor is that Beyonce and Jay Z purchased the New Regal Theater in the Chi.

BYRose Lilah
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Photo by Larry Busacca/Getty Images

Beyonce and Jay Z don't only have their sights on domination of New York, but potentially Chicago too-- it's been rumored that Bey and Jay have purchased the renowned New Regal Theater in Chi-town.

The theater was reportedly purchased for the sum of $250,000, and the buyer is reportedly the power couple. The New Regal Theater which seats 2,500 people was first opened in 1927 as the Avalon Theater, and it closed down in 2003 because of money loss. However, the venue once played hosts to the likes of Etta James, Miles Davis, Billy Holiday and Nat King Cole.

We'll update once we get confirmation of this story either way.

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Rumor: Jay Z & Beyonce Bought The New Regal Theater In Chicago?
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<b>Editor-in-Chief</b> <!--BR--> Rose Lilah updates HNHH daily, while also managing the other writers on-staff and all HNHH contributors. She oversees site content in general, whether that be video, editorial or music. Not so unlike Kanye, she just wants one thing out of life: dopeness. <strong>Favorite Hip Hop Artists:</strong> Atmosphere, Eminem, Sir Michael Rocks, Jay Z, The-Dream, Curren$y, Drake, Ab-Soul, Boldy James, Outkast, Kevin Gates