The Chicago Bears have been playing at Soldier Field since 1971.
Late last night the Chicago Bears notified the city of Chicago that they had a purchase agreement with Arlington International Racecourse.
Located in Arlington Heights, about 35 miles away from the City.
Soldier Field, which is owned by the Chicago Park District, holds 61,500 fans, the smallest capacity in the NFL. The Bears also would be able to develop the 326-acre land around the stadium with shopping, dining and entertainment.
Soldier Field was last renovated in 2002.
The Chicago Bears current lease with the Chicago Park District runs until 2033.
Any new stadium is likely at least four years away, but according to sources the Bears privately warned the season ticket holder board this summer that there's no guarantees on tickets in a new facility.