The Chuck E. Live Stage is the current stage produced for company-owned Chuck E. Cheese's locations. There are currently over 160 of these stages installed as part of the 2.0 remodel that multiple locations are receiving every year.

The most noticeable attribute to this stage, is that it doesn't feature any animatronics. Instead, an employee in a mascot costume provides all performances.

 
Another feature that makes this format unique is that this stage is located in the center of the dining room instead of the back like all the other stages.

On the floor is a dance mat with flashing lights and a red frame where the walkaround Chuck E. Cheese performs during the live shows. Above is a fixture consisting of a sign stating "Chuck E. Live!" on the front and "Happy Birthday!!" on the back, six video monitors that play the videos, one "Circle of Light" on either side of the display as well as a digital LCD countdown clock on the front that counts down the time remaining for the next show. The color changing Chuck E. Cheese silhouettes from the Circles of Light stage are also on the walls on the sides and back of the dining area.

At the San Antonio, TX and Kansas City, MO prototype locations, the stage consisted of the six video monitors, but the clock and circles of light on the overhead were absent. The stage's overhang also consisted of gold stars stating "You're A Star" as well as "Chuck E. Live" on it. The dance floor had a purple frame and the back wall had color silhouettes of the characters as well as monitors on each panel. The layout of the area was also made much more colorful. Later versions of the stage removed the stars and included a more basic structure that is lighter on ceilings.

As of late 2021, locations receiving 2.0 have been getting a new version of the Live Stage. This new version does away with the six TVs above the dance pad and instead features one big TV built into the wall, with two flat-screen TVs far beside it.

This stage was referred to as the "Party Zone" stage while in development.