Architects Tim O’Neill & Jim Kaufman talk about Chicago’s historic lakefront property THEATER ON THE LAKE is a historic building that offers breathtaking views of Lake Michigan and Chicago’s skyline. Designed in 1913 and constructed in 1920  John Wrenn, president of Lakefront Hospitality Group The Lakefront Restaurant is an upscale tavern offering a seasonable Midwestern menu with spectacular lake and skyline views.