This explosion falls at the end of the 1981 neo-noir Thief, directed by Michael Mann and starring James Caan, Jim Belushi, and Tuesday Weld. 

Here, Caan's character, Frank, has just blown up Chicago's Green Mill Lounge. 

Established in 1907 as Pop Morse's Roadhouse, the Green Mill has attracted many celebrities over the years: Gloria Swanson, Al Jolson, Louis Armstrong, and Billie Holiday, to name a few. Gangster Al Capone also had his own booth at the joint, which is still there. 

In addition to its firey demise here in Thief, the Green Mill has also been featured in Ocean’s 12, High Fidelity, The Lake House, V.I. Warshawski, and Next of Kin. 

Finally, did you notice the faux-pas in Thief's Green Mill scene? If you look closely at the car door when Caan opens it, you'll see the movie lights used to illuminate the scene. Check out a screenshot.