Pickwick Theatre closes in on new tenant at Park Ridge landmark

A person walks outside the Pickwick Theatre, Dec. 6, 2022, in Park Ridge. The iconic theater will close in early January 2023 after almost a century of hosting moviegoers and events, its owner said.

The agreement is not yet completely nailed down as of Tuesday, property manager Hubert Cioromski told Pioneer Press, but the ownership and prospective tenant have entered into written negotiations.Pickwick co-owner Dino Vlahakis confirmed the status of negotiations Tuesday, saying “it’s in the lawyers’ hands now.”

Chicagoland residents should expect a mix of live entertainment and movies to come to the theater, said Cioromski, the managing principal of Troy Companies, the brokerage firm that manages and leases the Pickwick property. Troy Companies is negotiating the lease on behalf of the Pickwick ownership.He added that there would be a “food component... and banquet facility potential. It should bring much more prosperity to the town.

Vlahakis said he hopes to announce the new operators at the screening of the final movie under the current ownership, which will be “Gone With the Wind,” set for 7 p.m. Jan. 12. Vlahakis and his co-owner and brother-in-law Dave Loomos first announced they’d stop showing movies out of the 1928 Art Deco building in early December. Sales just hadn’t bounced back from the pandemic strongly enough, Vlahakis said, and the stream of new pictures from moviemakers had slowed to a trickle.

So long as movies are still playing there regularly and it doesn’t become just live entertainment! This is my go to movie theater and I don’t want that to change!

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