Belmont-Sheffield Trust and Savings Bank Building
About this property
The Belmont–Sheffield Trust and Savings Bank Building is a historic building built in 1928 and located at 1001 W. Belmont Avenue, Chicago, Illinois, United States. It is listed as one of the National Register of Historic Places since 1984. The six-story building was designed by architect John A. Nyden. 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. 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. "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. 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)
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Property data from the National Register of Historic Places, National Park Service (public domain).
Description adapted from Wikipedia under the Creative Commons Attribution-ShareAlike 4.0 International License.
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Questions about this property
When was Belmont-Sheffield Trust and Savings Bank Building listed on the National Register?
Belmont-Sheffield Trust and Savings Bank Building was listed on the National Register of Historic Places on March 1, 1984.
What type of historic resource is Belmont-Sheffield Trust and Savings Bank Building?
Belmont-Sheffield Trust and Savings Bank Building is classified as a building in the National Register of Historic Places.
What is the period of significance for Belmont-Sheffield Trust and Savings Bank Building?
The period of significance for Belmont-Sheffield Trust and Savings Bank Building is recorded as the industrial era.
Can I research the history near Belmont-Sheffield Trust and Savings Bank Building?
Yes. Aubrey Research reports search National Register listings, battlefield records, land patents, and other primary historical sources within any radius of a US address. A report for an address near Belmont-Sheffield Trust and Savings Bank Building will include this listing and all other historical records in the area.
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