File:Elgin Tower Building (8482613133).jpg

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Description The Elgin Tower Building (1929). It was built for the Home National Bank, a major investor in downtown Elgin. They were also entrusted with maintaining the payroll for the Elgin National Watch Company. The fifteen-story structure was the city's first skyscraper, and was thought to be the dawning of a new era of prosperity for Elgin. Unfortunately, only months after it opened, the Great Depression struck, and Home National Bank went out of business in 1932. Thanks to a city-wide ban on commercial property construction during the Depression, the Elgin Tower was able to lease out 60% of its offices, including a Walgreen's on the first floor. The building was nearly filled to capacity through the 1950s, but began to decline as the city did in the 1960s as Elgin's relevance as a manufactuing center diminished.
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Elgin Tower Building

Author Teemu008 from Palatine, Illinois
Camera location42° 02′ 14.71″ N, 88° 17′ 03.01″ W Kartographer map based on OpenStreetMap.View this and other nearby images on: OpenStreetMapinfo

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This image, originally posted to Flickr, was reviewed on 8 November 2013 by the administrator or reviewer File Upload Bot (Magnus Manske), who confirmed that it was available on Flickr under the stated license on that date.

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Date/TimeThumbnailDimensionsUserComment
current04:21, 8 November 2013Thumbnail for version as of 04:21, 8 November 20131,535 × 3,373 (2.29 MB)File Upload Bot (Magnus Manske) (talk | contribs)Transferred from Flickr by User:AlbertHerring

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