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That's how much a national chain is paying for the longtime North Side strip club, one of just three in Chicago.
Houston-based RCI Hospitality Holdings, an owner of more than 40 strip and sports clubs around the country, said it has agreed to buy the business and its 10,square-foot building at N. Kingsbury St. VIP's, which opened inis the only strip club in Chicago that's allowed to serve liquor. But when Stormy Daniels, the porn star best known for an alleged dalliance with then-future President Donald Trump, came to Chicago in June, she instead put on a show at the rival Admiral Theatre in Albany Park.
Mandera declined to comment, according to a spokesman. The company's shares have returned Howard Marshall, while dancing at Rick's Cabaret, according to the company's website.