The answer you will get to this question depends greatly on who you ask. A figure like John Dominic Crossan and others affiliated with the Jesus Seminar would say that the historical Jesus is nothing like the Jesus of Christian theology and not really much like what we have in the Bible. This has some distinct weaknesses just from the standpoint of historical studies though.
The question assumes that there is a distinction, this assumption may not be warranted however. What are the sources we use for determining the historical nature of something? Usually we rely on written attestation, in the case of Jesus this will be primarily found in "gospels" written about him. We must judge whether each particular historical record is reliable and worthy of acceptance. The earliest gospels are those four contained in the New Testament, they are the earliest and most reliable historical accounts of Jesus since they were written nearest the time of his life and they were written by individuals who seem to have been probably eye witnesses to the events recorded in them, with the notable exception of Gospel of Luke which is more of a historical compilation of eye witness accounts.
With that being said the historical Jesus is most probably the one revealed in the Bible itself. So then what do we make of this likelihood? There are elements which some want to dismiss as mythologizing or super-naturalization but when multiple witnesses attest to the same and similar events we should be intellectually honest and admit that perhaps our assumptions are wrong, rather than the eye witness accounts. In this regard I am referring to the naturalistic assumption against the supernatural. So if we are willing to lay aside that assumption we then begin to see that the Jesus portrayed in the Bible is not only likely to be the same Jesus that actually lived in history but also that he is the Jesus of Christian theology because Christian theology is built upon these biblical accounts regarding Jesus and his works.
For the Christian there can be no distinction and for the person who is intellectually honest any distinction is false. This leaves only two choices: (1) either acknowledge and accept the truth of who Jesus really is/was/etc., or (2) disregard it all as a lie and believe instead, against all evidence, that Jesus never existed and that all the evidence is merely an elaborate fabrication. Those are the only two roads the a thinking person could possibly accept and only the first is really reasonable.
P.S. - I am a conservative Christian attending a conservative Christian seminary but judge my answer with an open mind and I think you will be inclined to agree with my assessment.