Hey, this is great news!
The city seeks landmark status for 13 banks. One of those banks is the Stock Yards National Bank at 4150 S. Halsted. Yes!
Full text below:
City seeks landmark status for 13 banks
ARCHITECTURE | Designation would protect unique buildings
November 11, 2007
BY DAVID ROEDER droeder@suntimes.com
Chicagoans know them as foursquare dependable anchors of old commercial streets and also the most ambitious architecture in their neighborhoods, except maybe for the churches.
They are the bank buildings, festooned with arches, balustrades, columns or soaring first floors. They were designed to convey security and permanence. Some even placed the bank vaults front and center so the customers could see exactly where the money went.
City officials believe they merit landmark status. Acting on a recommendation from city planners, the Commission on Chicago Landmarks has opened the landmark designation process for 13 bank buildings.
The process takes months, and while it doesn't require consent of the property owners, getting it can avoid a public hearing. Once the City Council grants official landmark status to properties, owners are eligible for tax breaks, but they can't tear down their places or start unapproved renovations.
Brian Goeken, deputy planning commissioner, said the 13 buildings are symbols of their neighborhoods' ethnic histories and times when booming real estate markets allowed for grand banking centers. Most were built after a financial panic in 1907 and before the Depression hit in 1929.
"They were often visual landmarks within their communities," Goeken said. "Typically, they were corner buildings. They had the finest in materials and craftsmanship."
But they couldn't guarantee permanence. Chiseled into some of the buildings are the names of their founding banks that have long since disappeared, maybe in the 1930s panics or maybe in a more recent buyout.
If approved as landmarks, the 13 buildings will join five other bank buildings that already have that honor in Chicago or are further along in getting it.
For a photo gallery and map of the historic banks, go to suntimes.com
HISTORY IN THE BANK
City planners are proposing landmark designation for these former neighborhood banks:
Calumet National Bank, 9117 S. Commercial. Organized in 1883, it was the first bank in South Chicago.
Chicago City Bank and Trust Co., 815 W. 63rd St.; completed 1930. The first-floor banking hall has 28-foot ceilings and original marble and bronze finishes.
Cosmopolitan State Bank, 801 N. Clark. The two-story building completed in 1920 "modernized" classical design standards such as columns, pilasters and a frieze.
Hyde Park-Kenwood National Bank, 1525 E. 53rd St. The 10-story Art Deco building completed in 1929 used to be the largest Chicago bank property outside downtown.
Kimbell Trust & Savings Bank, 3600 W. Fullerton. The extensively ornamented 1925 building housed a bank for only seven years until it closed in the Depression.
Marquette Park State Bank, 6314 S. Western. The 1925 building includes a rotunda with a high domed ceiling and a skylight.
Marshfield Trust and Savings Bank, 3325 N. Lincoln. Built in 1925.
Mid-City Trust and Savings Bank, 801 W. Madison. The now vacant building was completed in 1912, with remodeling in 1928.
North Federal Savings and Loan, 100 W. North. Completed in 1961, the youngest building in this group rejects masonry in favor of glass curtain walls and spare details.
Pioneer Trust and Savings Bank, 4000 W. North; completed 1926. Features include an elaborate first-floor hall and friezes showing men at work.
Sheridan Trust and Savings Bank Building, 4753 N. Broadway. A rare neighborhood "skyscraper" for its era, the 12-story terra cotta building was long occupied by Uptown Bank.
Stock Yards National Bank, 4150 S. Halsted. Built just east of the Union Stock Yard Gate in 1935, the building mimics Philadelphia's Independence Hall.
Swedish American State Bank, 5400 N. Clark. The highly decorated 1913 building includes a keystone that incorporates Chicago's municipal "Y" symbol.
In addition, the following have already received landmark designation or are in the hearings process for getting one: Laramie State Bank, 5200 W. Chicago; West Town State Bank, 2400 W. Madison; Logan Square Trust and Savings, 3061 W. Logan; Home Bank and Trust Co., 1200 N. Ashland; Noel State Bank, 1601 N. Milwaukee.
Source: City's Department of Planning and Development