Belmont-Sheffield Trust and Savings Bank (Former)
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Address: 1001 W. Belmont Avenue
Year Built:
1929
Architect:
John A. Nyden
Date Designated a Chicago Landmark:
July 9, 2009
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This former multi-use commercial block was constructed by the Belmont-Sheffield Trust and Savings Bank, founded in 1927 by a group of prominent Swedish businessmen to serve the needs of Lakeview's numerous Swedish residents. An outstanding feature is the monumental arched entrance on Belmont Avenue, designed in the Classical Revival-style, while simpler Art Deco-style ornamentation is visible at the upper floors. Walls are clad with limestone on the first four stories. Buff colored brick and light-gray ornamental terra-cotta are used on the remaining two stories. In addition to the bank, the building was originally designed to house multiple uses, including rental offices, a hotel, and street-level storefronts. The Belmont-Sheffield Trust and Savings Bank thrived from 1929 to 1932, but was forced to close on July 6, 1933, during the Depression.
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