I cannot think of a better way to spend New Years Eve in Chicago.
Doors open at 8:00 pm and show starts at 9:00 pm. The show also features the local Chicago band, The Dyes.
Regular tickets are $25. VIP tickets are $70 and includes an open bar (drafts and call cocktails), appetizer buffet, champagne toast at midnight, and party favors. You can buy tickets here on Ticketfly. You can find more information about the event on the Abbey Pub's page for the event.
If you are not already familiar with JD McPherson, here are a couple of his YouTube videos: