The Former Mid-City Trust and Savings Bank building was designed in 1911 as a Romanesque Revival-style six-story commercial and office building. The L-shaped building was redesigned in 1928 to add a new Classical Revival-style exterior and a double-height banking hall on the inside, illuminated by large skylights. Banking facilities at 801 W. Madison remained open until the early 2000s and have stayed vacant since the mid-2000s.
The building was designated a Chicago Landmark in 2012, with the interior banking hall included as a significant space in the designation. The Neighborhood Hotels purchased the building a decade later for rehabilitation and conversion into an apartment-style hotel. The historic bank will be revived into a mixed-use building with a small portion of the first floor and floors 2-6 comprising 76 hotel suites and the remaining space on the first floor and basement to be leased to retail and restaurant tenants. The building application for listing on the National Register of Historic Places was recently approved. The project is expected to start renovation work in early 2024.
