Belmont-Sheffield Trust And Savings Bank Building

at , Chicago , 60657 United States

1. Bank
2. Local Business

<p>The <b>Belmont-Sheffield Trust and Savings Bank Building</b> is a six-story building built in 1928 at 1001 W. <a href="/pages/w/135895833107745">Belmont Avenue</a>, <a href="/pages/w/108659242498155">Chicago, Illinois</a>. The building was designed by architect John Nyden and is on the <a href="/pages/w/111406305547863">National Register of Historical Places</a>. 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.</p><p>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 <a href="/pages/w/107609372595195">Great Depression</a>. The bank portion of the building then remained vacant until <a href="/pages/w/109429592416229">World War II</a>, when local <a href="/pages/w/106311292734319">rationing</a> board 40-46 took over the space. The building also housed the <a href="/pages/w/102541563136065">Lake View Citizens' Council</a> in the 1950s.</p><p>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 <a href="/pages/w/545805518833560">loft condos</a> in 2005, which are now listed at the address 3150 N. Sheffield. In 2008, the <a href="/pages/w/138979352796074">Commission on Chicago Landmarks</a> designated the building a landmark along with 15 other neighborhood bank buildings.</p>

Company Rating

Summary

Belmont-Sheffield Trust And Savings Bank Building is Chicago based place and this enity listed in Bank category. 60657.