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Hint: Tumult Rocked This 1920s Tower And Its Neighborhood

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Welcome to CornerSpotter, Curbed's weekly game in which you, fair readers, consult archival streetscape photos or postcard illustrations to identify the building(s) and/or location presented. Time to tap that reservoir of urban minutiae and flaunt it before your fellow readers. Fire away in the comments, and we'll reveal the correct identity and backstory on Friday.

Handsome and sturdy though it was, the building depicted above didn't have the staying power to make it through to the present day. In fact, it was only around for 65 years. This postcard image was rendered a year or two after construction. A Beaux-Arts flatiron treasure with a history of ownership and occupancy involving a litany of famous individuals, something equally grand must have taken its place, no? Drumroll... for the last 24 years, the neighborhood has enjoyed yet another vacant lot (with periodic surface parking). If that's to be the site's legacy, let us at least work on remembering its illustrious past. Your task: name the extinct South Side building and its three-way intersection.
·CornerSpotter [Curbed Chicago]