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Former Chesterfield Bank Building Marketed As Potential Medical Office

By Howard Ludwig | January 31, 2017 8:30am
 The former Chesterfield Federal Savings and Loan at 10801 S. Western Ave. in Morgan Park is being marketed as a potential medical office building, according to a brochure advertising the property.
Chesterfield Federal Savings and Loan
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MORGAN PARK — The former Chesterfield Federal Savings and Loan in Morgan Park could be redesigned as a medical office building, according to a marketing brochure produced by property's real estate firm.

A permit for interior demolition work on the two story structure at 10801 S. Western Ave. was also recently placed outside the building that has sat vacant for roughly five years. The permit is dated Jan. 11, and workers were seen inside the building last week.

Beverly-based First In Realty Executives Inc. has the 26,000-square-foot building listed on its website for potential tenants. The building also includes an 11,000-square-foot basement.

Officials with the real estate company declined comment on their plans.

But the listing says the building is "located within three miles of three major hospital networks totaling over 1,200 beds." It also points to the property's 94 parking spaces. Previous listings for the property said the building could also be used as a traditional office, a "tech hub" or trade school.

The building last operated as PNC Bank before the bank consolidated its operations into one location at 10701 S. Western Ave. which offered a drive-up window. Prior to that, the two bank buildings both operated as National City Bank.

But for the longest time, the building was home to Chesterfield Federal Savings & Loan, which built the building known for its 54 towering exterior columns in 1967. Each column on the flat-roof building is believed to weigh 10,000 pounds, according to a WBEZ report.

A brochure advertising the building appears to do away with the columns and go with a more open floor plan.

Architect William F. Cann designed the original building for while working for St. Louis-based Bank Building & Equipment Corporation of America. He spent most of his career designing financial institutions, the WBEZ report said.