08/29/2011 10:12 am ET Updated Oct 29, 2011

Playboy Club Returning To Chicago After Two-Decade Hiatus

Plans are in the works for a new Chicago Playboy Club just blocks away from where the original opened 51 years ago.

Playboy Enterprises Inc. has signed a licensing deal for a Playboy Club on the Near North Side. The licensee, Boston-based real estate capital and advisory firm Tremont Realty Capital LLC, is eyeing the mansion at 1150 N. Dearborn St., now the site of Il Mulino restaurant, Crain's has learned.

Photo by gillyberlin via Flickr.

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