The chapter closed in 1992, and the house was owned by the house corp all this time, even after it was made clear that Chi Omega had no plans of ever re-establishing the chapter. The house was most recently leased out to Phi Sigma Sigma, who the article says has moved to another location.
Historic Gift Preserves a Legacy and Countless Campus Memories
I do like the idea of fraternities and sororities that do not have their own house on campus using it to hold events and meetings.