The venue's management says it's in the middle of legal proceedings, and that is why it had to cancel upcoming events. The venue won't say what those legal proceedings are about.
The company says it's working on a process for clients who have been impacted, but it is hoping to eventually reopen.
Bolingbrook school parent Yatiksha Rao was among those left scrambling after learning the Matrix Club was closed.
"I was in the shock," Rao said. "I went through all my emotions yesterday, and then I got busy trying to find a location."
The Naperville venue on Route 59 was featured by ABC7 last year in the special "Our Chicago: 600,000 Strong" and is a popular event space for weddings, concerts and other events.
"I felt cheated, because a day before I spoke to Matrix Club discussing what linen I needed and what napkin colors," Rao said.
Rao is the chair of her children's annual school dance, which was scheduled at the venue for later this month. She says she was told by the venue's landlord the Matrix Club had been evicted for lack of lease payment.
The school is now out a $6,000 deposit
"We filed a police report," Rao said. "I don't know if we'll get that back. I hope we get that back."
The Matrix Club's owner told ABC7, "legal proceedings continue," adding "We deeply feel for the frustration this has caused our esteemed clients... The Matrix Club is currently working to establish a structured process... to address deposits by affected clients... whose events we are unable to host during this period."
Rao says she learned of the closure not from the venue, but a third party, and was about to pay the final $6,000 balance.
"I'm glad I waited, and I'm glad I didn't pay it," Rao said.