The stone chapel, erected in memory of the miraculous deliverance of Emperor Alexander II from assassination, held significant importance for the residents of Saratov. It was built in 1866 in Khlebny Square through the efforts of the Saratov Guild Society. This event became an important milestone in the city's history, symbolizing gratitude for the king's salvation and strengthening faith in divine protection. In 1869, on the third anniversary of the assassination attempt, the chapel was consecrated by Bishop Ioannikiy I of Saratov and Tsaritsyn. It was dedicated to Saint Nicholas the Wonderworker, emphasizing its spiritual significance.

In 1910, the chapel underwent significant changes thanks to donations from Saratov merchant Egorov. A new altar was consecrated by Bishop Germogen in honor of the icon of the Mother of God 'Life-Giving Spring.' This icon holds a special place in Orthodox tradition, symbolizing the source of life and grace. The celebration in honor of the icon takes place on the Friday of Bright Week, when believers gather for a prayer service and the blessing of water.

The chapel was affiliated with the Alexander Nevsky Cathedral, and services were held there daily. However, during the Soviet years, when many religious buildings were destroyed, the chapel and the cathedral itself were demolished. This was a heavy loss for the faithful, but the memory of the chapel remained in the hearts of the people.

In 1997, in honor of the 200th anniversary of the Saratov province, the reconstruction of the chapel began. The first symbolic stone was laid on September 20, and its grand opening took place on Easter 1998. The restoration was carried out according to the original blueprints, but the entrance was moved from the southern side to the western side, which became the only difference from the historical building. In the center of the renovated chapel, a basin for holy water was arranged, symbolizing spiritual renewal and the continuation of traditions.

The chapel in honor of the icon 'Life-Giving Spring' has become not only a place of worship but also a symbol of the revival of faith. It reminds us of the miracles associated with the icon and the importance of spiritual life in the modern world. The restoration of the chapel has become an act of historical justice and a symbol of the continuity of traditions, which is especially important in a changing world.