AP Photo/Charles Knoblock Amazon has paid $50 million for the 116-acre site of Old Chicago, a once-beloved amusement park and megaMall in Chicago, The Chicago Tribune reported.  For the e-commerce giant, the purchase points to a rising trend of buying up abandoned malls and entertainment spaces and repurposing them as Business facilities. Visit Business Insider's homepage for more stories. Amazon is taking over the historic site of t...

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Charles: Charles is a masculine given name, the English and French form of a Germanic name first recorded in the Anglo-Saxon period as Cearl or Ceorl, as the name of king Cearl of Mercia.
Business: A business is an organization involved in the trade of goods, services, or both to consumers. Businesses are predominant in capitalist economies, where most of them are privately owned and administered to provide service to customers for profit. Businesses may also be not-for-profit or state-owned.
Visit: A visit is where a person, or people, goes to either see someone or a place. It can refer to many things:
Chicago: Chicago , a city in the U.S. state of Illinois, is the third most populous city in the United States and the most populous city in the American Midwest with approximately 2.7million residents. Its metropolitan area , which extends into Indiana and Wisconsin, is the third-largest in the United States
January: January is the first month of the year in the Julian and Gregorian calendars and one of seven months with the length of 31 days. The first day of the month is known as New Year's Day. It is, on average, the coldest month of the year within most of the Northern Hemisphere and the warmest month of t
Dream: Dreams are successions of images, ideas, emotions, and sensations that occur involuntarily in the mind during certain stages of sleep. The content and purpose of dreams are not definitively understood, though they have been a topic of scientific speculation and a subject of philosophical and religio
Retail: Retail is the sale of goods and services from individuals or businesses to the end-user. Retailers are part of an integrated system called the supply chain. A retailer purchases goods or products in large quantities from manufacturers directly or through a wholesale, and then sells smaller quantitie
Insider: An insider is a member of any group of people of limited number and generally restricted access. The term is used in the context of secret, privileged, hidden or otherwise esoteric information or knowledge: an insider is a "member of the gang" and as such knows things only people in the gang know.
Automotive: The automotive industry is a term that covers a wide range of companies and organisations involved in the design, development, manufacture, marketing, and selling of motor vehicles, towed vehicles, motorcycles and mopeds. It is one of the world's most important economic sectors by revenue.
Mall: Mall may refer to a shopping mall, a strip mall, a pedestrian street, or an esplanade .