UPDATE 12/1/2015:

Former Chicago police officer Jason Van Dyke left Cook County jail Monday evening after his father posted a $150,000 cashier bond, according to the Chicago Tribune. 

PREVIOUS 11/30/2015:
A $1.5 million bond has been set for former Chicago police officer Jason Van Dyke, who is facing a first-degree murder charge for killing 17-year-old Laquan McDonald, Chicago Sun-Times reports. Cook County Judge Donald Panarese Jr. made the decision Monday afternoon. Van Dyke is scheduled to appear in court for another hearing on Dec. 18.
Protests erupted in Chicago after the video of McDonald being shot down in the middle of the street 16 times was released to the public on Tuesday (Nov. 24). There was a massive demonstration on Black Friday held at Magnificent Mile, a popular shopping destination in the Windy City. 
The graphic footage shows police firing shots at the teen who fell onto the ground and appeared unresponsive. Then several more shots were fired into his body. None of the police on the scene appeared to help McDonald after he was sprayed with the bullets. At no point did McDonald approach police in the video. He appeared to be walking in a direction away from them the entire time.
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(Photo: Cook County Sheriff's Office via AP Photo)