The City Council on Wednesday passed a resolution calling for all city and state flags to be flown at half-staff on Friday, Nov. 22.
The resolution also urges churches to toll their bells and for a citywide moment of silence at 1 p.m. - the time Kennedy was pronounced dead.
Kennedy was shot and killed Nov. 22, 1963 while traveling in a motorcade through Dallas' Dealey Plaza.
Accused assassin Lee Harvey Oswald was fatally shot two days later by nightclub owner Jack Ruby.
Alderman Ed Burke sponsored Chicago's resolution. He says the plans are "a fitting tribute" to Kennedy's legacy.
Museum of Broadcast Communications' Bruce DuMont says the MBC will open as normal next Friday, however, at 12:34 p.m. - around the time the bulletin went out about the shooting that day - the museum will begin running the TV coverage on all screens in the museum. DuMont says it'll run in real time playing for about five to six hours and then cycled through again for the evening. Patrons can come in and see it free of charge that day.
The Associated Press contributed to this report.