Historic Uptown Building Could Get Landmark Status
UPTOWN — An office building home to dozens of social service agencies would receive landmark status under a proposal by Mayor Rahm Emanuel.
The 4750 GreenRise building at 4750 N. Sheridan Road would become an official landmark if the City Council approves the ordinance introduced last week.
The building was given to the Institute of Cultural Affairs U.S.A. in 1972 by an insurance company that owned it, according to the institute website, which touts the building as "the largest nonprofit service center in the Midwest."
The eight-story, 166,000-square-foot building was one of the largest office buildings outside of the Loop when it was finished in the 1920s, the city said in a news release.
"Its cream-colored, Classical Revival-style exterior is characterized by decorative piers, foliated moldings, sculptured heads and animal figures," the city said.
Architects B. Leo Steif and Co. designed the first four floors before architects Fugard and Knapp built a four-story addition in 1927.
The building now houses many nonprofit and social service agencies.
Landmark status can improve a building’s prestige and increase its value, the city said, and it offers other "specific benefits available under federal, state and local economic incentive programs."