Berwyn State Bank Building
History
The Berwyn State Bank, which was founded in 1909, opened the building on June 7, 1930. It occupied the building’s second floor. For many years, Schoen–McAllister, a dry goods store, was located on the ground floor. Much of the fifth floor was leased to physicians.
The Berwyn State Bank purchased the property where the building stands on November 25, 1914. Title to the building was transferred to the Berwyn State Company on May 27, 1930, and the Oak Park Federal Savings Bank on June 1, 1930. The Berwyn State Bank failed on June 27, 1931. The building was sold to Blackstone Realty in 1947 for $275,000, and the Commercial National Bank was formed and began operating in the building. In the 1960s Metropolitan Life Insurance Company's West Suburban district office was located in the building. In 1970, it was sold to MacNeal Memorial Hospital. In 2003, MacNeal sold the building to HSA Commercial Real Estate. The building was recognized as a Berwyn Historic Landmark, along with the Berwyn National Bank Building, in 2008.
References
- ^ "Berwyn Bank to Erect $400,000 Five Story Home", Chicago Tribune. April 7, 1929. p. B5.
- ^ "City of Berwyn City Council Meeting Archived 2016-12-26 at the Wayback Machine". November 11, 2008. Retrieved October 25, 2019.
- ^ Zambo, Kristen. "Berwyn banks given landmark status Archived 2019-10-26 at the Wayback Machine", Berwyn Suburban Life. December 3, 2008. Retrieved October 24, 2019.
- ^ Chase, Al. "Public Works Building Leads in Middle West", Chicago Tribune. June 23, 1931. p. 26.
- ^ "Schoen–McAllister Opens Scout Agency", Berwyn Life. September 22, 1967. p. 9.
- ^ "Action Express", Chicago Tribune. April 6, 1971. p. A1.
- ^ "Receivers For Three More Closed Appointed by Nelson", Chicago Tribune. July 29, 1931. p. 19.
- ^ "Plan New Bank in Berwyn; Buy 5 Story Building", Chicago Tribune. April 20, 1947.
- ^ "Bank to Sell Shares at $40; 3,000 Already Sold", Berwyn Life. July 6, 1947. p. 1.
- ^ "Melrose Parker Named Asst. Mgr. by Insurance Company", Proviso Star-Sentinel. January 17, 1963. p. 27. Retrieved October 9, 2019.