Vic Theatre, designed by architect J.E.O. Pridmore, opened in 1912 as the Victoria Theatre. It took three years to build the luxurious five-story Vaudeville house. The theatre was owned and built by Robert E. Ricksen and Frank Gazzolo. Ricksen and Gazzolo operated the Crown and Imperial theaters as well. Costing $300,000 to construct it was equipped with every luxury. (Source: September 14, 1912 Billboard publication)
In 1983 The Vic was purchased by Walt Klein who spent several million restoring it. Opening with the 20th Anniversary of Second City and recorded for broadcast by HBO The Vic was originally programmed by Lou Valpano and Celebration Flipside. Within a year programming was handled by Dave Frey, who brought in Holiday Star Theater as a partner. Later on Walt sold The Vic to Jam Productions.