If you refuse to pay $10 to see a movie then Buffalo Grove Theatres are right up your alley. Located in the Town Center shopping center, this chain of theaters has been around since the late 1980s. Second-run and first-run movies are shown on the five screens. In the past only second-run movies were shown here but recently some first-run movies have been added. Second-run shows are $2, and on Tuesdays they are only $1.50! For first-run shows (after 5:30) the price is $5; the discounted price for students and seniors is $4.50. The matinee price for shows before 5:30 is $4.25.
UPDATE (12/11/09): Second-run shows are no longer being shown; all the shows currently shown at the theater are first-run ($5 after 5:30).
You do have to sit through commercials and a few trailers, but I think the number is less than you would find at an AMC.
And as long as you're in the neighborhood you should definitely stop to eat at the Buffalo Restaurant and Ice Cream Parlor, located right down the road (1180 W. Lake Cook Rd). Why? Just take a look at the sundae I ordered after a recent trip to the movies to see Paper Heart:
Yum! is right.
Buffalo Grove Theaters
120 McHenry Road, Buffalo Grove, IL