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Belmont–Sheffield Trust and Savings Bank Building

The Belmont–Sheffield Trust and Savings Bank Building is a six-story building built in 1928 at 1001 W. Belmont Avenue, Chicago, Illinois. The building was designed by architect John Nyden and is on the National Register of Historic Places. It was constructed in a U-shape around a two-story central atrium, which allowed light to reach the bank lobby—the glass atrium has since been roofed over.

Belmont–Sheffield Trust and Savings Bank Building
Location1001 W. Belmont Ave., Chicago, Illinois
Coordinates41°56′24.1″N 87°39′15.3″W / 41.940028°N 87.654250°W / 41.940028; -87.654250Coordinates: 41°56′24.1″N 87°39′15.3″W / 41.940028°N 87.654250°W / 41.940028; -87.654250
Built1928
ArchitectJohn A. Nyden
Architectural styleArt Deco
NRHP reference No.84000931
Significant dates
Added to NRHPMarch 1, 1984
Designated CLJuly 9, 2008[1]

When the building was first completed, it held the Belmont–Sheffield Trust and Savings Bank on the first floor and part of the second; offices on the rest of the second floor and on the third floor; and the Montfield Hotel (address 3146 N. Sheffield) on floors four through six. However, the bank closed on June 24, 1932, due to financial difficulty following the Great Depression. The bank portion of the building then remained vacant until World War II, when local rationing board 40-46 took over the space. The building also housed the Lake View Citizens' Council in the 1950s.

It struggled with vacancy until 1984, when a developer received a federal loan to convert the Montfield Hotel into 54 apartments, maintaining stores on the ground floor. The building was sold again to another developer and the upper floors converted into loft condos in 2005, which are now listed at the address 3150 N. Sheffield. In 2008, the Commission on Chicago Landmarks designated the building a landmark along with 15 other neighborhood bank buildings.

References

  1. ^ (PDF). City of Chicago Dept. of Pl. and Devpmt., Landmarks Div. 2009. Archived from the original (PDF) on June 20, 2009. Retrieved August 4, 2007.
  • "Bank at Belmont and Sheffield Gets New Home". (Nov. 18, 1928). Chicago Tribune, p. B1.
  • "4 City Project Given Rehabilitation Funds". (March 30, 1984). Chicago Tribune, p. A7.
  • "Rationing Board Takes over Old Bank Building". (Jan. 24, 1943). Chicago Tribune, p. N1.
  • "Plan $850,000 Building for Belmont Ave." (June 10, 1927). Chicago Tribune, p. 30.
  • "Central Mfg. District Bank to Pay 22 Pct." (Dec. 21, 1934). Chicago Tribune, pg. 37.

External links

  Media related to Belmont–Sheffield Trust and Savings Bank Building at Wikimedia Commons

  • National Register of Historic Places Nomination Form
  • Illinois Historic Preservation Agency Property Report (more photos)

belmont, sheffield, trust, savings, bank, building, story, building, built, 1928, 1001, belmont, avenue, chicago, illinois, building, designed, architect, john, nyden, national, register, historic, places, constructed, shape, around, story, central, atrium, wh. The Belmont Sheffield Trust and Savings Bank Building is a six story building built in 1928 at 1001 W Belmont Avenue Chicago Illinois The building was designed by architect John Nyden and is on the National Register of Historic Places It was constructed in a U shape around a two story central atrium which allowed light to reach the bank lobby the glass atrium has since been roofed over Belmont Sheffield Trust and Savings Bank BuildingU S National Register of Historic PlacesChicago LandmarkShow map of ChicagoShow map of IllinoisShow map of the United StatesLocation1001 W Belmont Ave Chicago IllinoisCoordinates41 56 24 1 N 87 39 15 3 W 41 940028 N 87 654250 W 41 940028 87 654250 Coordinates 41 56 24 1 N 87 39 15 3 W 41 940028 N 87 654250 W 41 940028 87 654250Built1928ArchitectJohn A NydenArchitectural styleArt DecoNRHP reference No 84000931Significant datesAdded to NRHPMarch 1 1984Designated CLJuly 9 2008 1 When the building was first completed it held the Belmont Sheffield Trust and Savings Bank on the first floor and part of the second offices on the rest of the second floor and on the third floor and the Montfield Hotel address 3146 N Sheffield on floors four through six However the bank closed on June 24 1932 due to financial difficulty following the Great Depression The bank portion of the building then remained vacant until World War II when local rationing board 40 46 took over the space The building also housed the Lake View Citizens Council in the 1950s It struggled with vacancy until 1984 when a developer received a federal loan to convert the Montfield Hotel into 54 apartments maintaining stores on the ground floor The building was sold again to another developer and the upper floors converted into loft condos in 2005 which are now listed at the address 3150 N Sheffield In 2008 the Commission on Chicago Landmarks designated the building a landmark along with 15 other neighborhood bank buildings Closer viewsThe marquee is also near the entrance on Belmont Avenue The monumental arched entrance on Belmont Avenue in the Classical Revival style is an outstanding feature References Edit 2009 Landmark Booklet PDF City of Chicago Dept of Pl and Devpmt Landmarks Div 2009 Archived from the original PDF on June 20 2009 Retrieved August 4 2007 Bank at Belmont and Sheffield Gets New Home Nov 18 1928 Chicago Tribune p B1 4 City Project Given Rehabilitation Funds March 30 1984 Chicago Tribune p A7 Rationing Board Takes over Old Bank Building Jan 24 1943 Chicago Tribune p N1 Plan 850 000 Building for Belmont Ave June 10 1927 Chicago Tribune p 30 Central Mfg District Bank to Pay 22 Pct Dec 21 1934 Chicago Tribune pg 37 External links Edit Media related to Belmont Sheffield Trust and Savings Bank Building at Wikimedia Commons National Register of Historic Places Nomination Form Illinois Historic Preservation Agency Property Report more photos Retrieved from https en wikipedia org w index php title Belmont Sheffield Trust and Savings Bank Building amp oldid 1087847662, wikipedia, wiki, book, books, library,

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