Theory is a newer spot on Hubbard. This space used to be the home of Kevin restaurant, who now owns Shikago on Adams and LaSalle. Theory has great drink specials and a chic atmosphere. I would recommend it for happy hours! On Wednesdays they have $7 martinis. And of course when I saw this I assumed it excluded any premium liquors, but no...any of their martinis on the menu or even one made up by you (I had a grey goose martini) for only $7!!! Great deal!
Theory also has a private room perfect for 15-20 people. It is tucked away in the back of the bar and has 3 flat screen TVs, allowing you to view several games at a time!