, 1873-04-07
REAL ESTATE.

The tpilder weather Of tho last weok or ten
days LAS increased tho disposition to buy
suburban lands, but it has nlao caused feeling
Of grenter confidence Oh tho part Of holders Of
land, and many who woro willing to cell few
weeks ago, whom the weather was wintcry and
Tho bloals prairie lands i'll tho suburbs looked
anything but inviting, arc unwilling to sell now.
Spring sunshine nnd sprouting grass nre groat
etimulante to iulagirations that picture future
suburban villas whore there is nothing Of tho
kind yet. But while thero is moro confidence
there nro fowor tranHactions, for the roason that
the viewB Of holders and Of would-be-buyora
ecem to bo further svart. Some Of the latter be-
gin to think that, possibly, tho speculation is
out" Of land in soma directions, whore tho nd-
vance in prices has been great within tho last few
months.
Tho most active speculation Just ut present is
porlaps in that extensive, uninhabitcq, aud nj
most inaccessible district extending about six
miles west from, tho Gront Eastern Railroad, and
about six miles southward from the Chicago &
Alton Railroad, comprising about twelve square
miles Of territory in tho west half Of the Town OF
Lako, and about tho Same in tho east half Of tho
Town of Lyons. Tho prico of land in that
direction is low compared to the prices in otlior
directions the eamo distance from tho city, be-
CAUSE tloro is no 1noans Of tranHit to and from
Tic cIty' 1Wo oE tHieo eHhuipai lAal1oat% pt".
ieots for making this land accessible arc talked
of, though we h.yo rcason to believe
mono OF them have, ns =, yot, my
moro substantial foundation than "talk.'
The talk, howaver, hna lad tho OBJECT to Increase
tho prices asked for Il large part Of tho land in
that quartor, and T. good mauy aaleB Lnye boon
made ut ptces double what tho lind could llayo
been hought tor yenr Tie - ntess a sale 70
tho northeast II of. Section 2:', Town Of Lalo,
being four miles woAt Of Engtowood, and ono
mills directly weBt OF South Lynne, nt $500 por
acre. There appears also to 10 somo kind Of o
speculative railroad project brewing IN oonuee-
ton with tho district between tho q. H. Q. H.
H., and tho Ogden ditch, and extending MI tho
way from tho city limits out to tho Do:plauos
River. III tho
NORTHERN PANT OF C1cEHot
which Includes liidgelana, Austin, and tho North
wcHtorn Shops there IN alHo good deal Of Bpcc-
ulative nctisity, though it has more substantial
basis OF actual improvenont-ln tho way OF now
erected-thall tho listriots tlrBt mentioned.
About hundred men arc now ut work Oh tho
rounl-houso, which il to 10 part OF tho yseat
hive of industry ut tho Northwestern shops, and
several dwellings for occupation by porsonH con-
nectad with tho mechanical department of the
Northwestern Railroad are about to DO creotcd.
In this quarter wo herr Of tho aao OF 10 aogcB In
west Of tho now city limits, ut R3.500 per aoro.
ALTO acres III Beo. III, ovor n milo and o half
west Of tlo city limits, aud half milo aouthesHt
Of Austin, for ia, 900 por acre.
a nAlLnoAD HOUND TIE. CITY,
Two projects for q " Bolt Railway" around tho
entire suburban territory, just outside tho city
limits, arc being talked of. 0na Of these has d
western Railroad Company, and It is proposed