A U.S. Bank sits on the corner of 5340 N. Clark St, in Andersonville. Now, a proposal to turn the bank into a Trader Joe’s is underway, creating a joint venture featuring the popular grocery chain and a smaller bank building.
A development proposal has been submitted, which would demolish the existing bank and replace it with a new building– that would become Trader Joe’s, alongside a much smaller U.S. Bank building.
The U.S. Bank would set up on the southern portion of the proposed space, with a parking lot and drive-thru ATM located behind the building.
In order to move ahead with these plans, which include nine bank parking spaces and a drive-thru, a vacant home would have to be demolished, rezoning the space from residential to commercial business.
As for parking, the 5,000-square-foot Trader Joe’s add a garage on top of the new building with an access ramp off Summerdale Avenue. There are currently six Trader Joe’s locations in Chicago. If plans are approved, this would give Andersonville its first national grocery chain in the area.A virtual community meeting with Ald. Andre Vasquez’s 40th Ward is now set for October 26 at 7 PM to discuss the zoning request and proposed redevelopment.
[Featured photo via: Ahutterstock]
Address: 5340 N. Clark St. Chicago, IL 60640