Built in 1915 by designed by architectural firm Coolidge and Hodgdon as the Tenth Church of Christ, Scientist, and later known as St. Stephen’s, it closed in the late 1960s.
It's located on East 57th Street and South Blackstone Avenue (5640 S. Blackstone), and has been an unoccupied half-ruin without any prospects for restoration. While there has been several attempts at finding resolution (demolition, usually), the stunningly beautiful church needs to be saved. It will require major structural revamping and a bus-load of money - not something someone with means would do for an ecclesiastical building.
It is imperative that the place not be demolished. We cannot afford destroying our architectural heritage just because we have no money while the government wastes billions of dollars as if it was its full-time job.
The Tenth Church of Christ, Scientist, and later known as St. Stephen’s (Copyright Jim Watkins, 2010)
Now, I think an example of SCAD, in Savannah, Georgia, can be taken up by the University of Chicago - buy up architecturally-significant real estate, renovate, turn it into a space university might need and use regularly.
Personally, I would prefer to see religious buildings to continue as such, but if the adaptive reuse means it becoming a secular space - be it.