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More neighborhood nuggets from Sweet Home Chicago 2 by Tem Horwitz, published by Chicago Review Press in 1977. Here’s the one on Old Town:

To tourists, conventioneers, and suburban teenagers, “Old Town” means the tacky stretch of Wells Street between Schiller and Eugenie. This was one a thriving entertainment center, but now it’s a tasteless conglomeration of go-go joints and porno movie houses, junk food stands, and arcades full of “Hippie” paraphernalia. A few worthwhile stores—Crate and Barrel, Barbara’s Bookstore, a Treasure Island supermarket—still exist on Wells Street, however, along with a couple of surprisingly good restaurants, the Second City theater, and the bastion of Chicago folk music, the Earl of Old Town.