CHICAGO (CBS) — Chicago’s legendary Second City comedy club is up for sale.
This is the theater’s second sale in the company’s 60-year history.READ MORE: Chicago Weather: Overnight Storm Threat
In a statement, longtime co-owner Andrew Alexander said the sale will allow opportunity for Second City’s continued success.
Second City is located at 1616 N. Wells St. in Old Town. It is known as a training ground for stars such as Stephen Colbert, John Belushi, and Tina Fey.READ MORE: Chicago Lead Water Pipe Replacement Program Hasn't Started, But It's Already Being Expanded
The comedy club suspended all shows and in-person classes in March because of COVID-19.
In June, Alexander stepped down as chief executive officer of Second City amid accusations of institutional racism. In a letter posted on the Second City website, Andrew Alexander said he failed to create an “anti-racist environment.”
Alexander’s resignation came after actor Dewayne Perkins said the company created obstacles for performers of color. Alexander also said in his letter the next executive director of Second City will be a person of color.MORE NEWS: With COVID On Rise, Some Bars Are Willing To Require Proof Of Vaccinations To Avoid Another Shutdown