At night, the glow of The 400 is the brightest on North Sheridan Road, but after a century, its light may soon be fading. Current owner Tony Fox said he is “almost certainly closing The 400” as soon as he finds a new tenant — a search that is beginning immediately. The movie theater, which has survived two pandemics since opening in 1912, is widely considered “the oldest theater in Chicago that’s still operating,” according to Lawson. “It’s not like it’s a dead industry or even, in my opinion, a dying industry,” The 400’s General Manager Aaron Lawson said. “It’s just a lot tougher than it used to be.” Fox said attendance has only been about 50% of what it was pre-pandemic. Fox has already begun to look for a new tenant. “If it doesn’t come back as a movie theater, at least hold on to the memories of having such a neighborhood, communal space so that maybe something like it could come back again somewhere in the neighborhood,” longtime employee Daniel Richardson said. “Just keep th...