, 1874-11-08
REAL ESTATE.
Review of the Operations Of
the Week.
Few Transactions, and None Of Them
Important.
The Loan Market Shows a Little
More Activity.
Summary Of Building for Three Months
---Miscellane0us.

---Miscel|aneous.
Rea1-estate has been quiet this week. int
volume OF transactions is small. and there are
arnono them none Of considerable Importance
There is great deal Of good property that car
he boneht quietly at = bargain, but 1t Is we'll
marked feature Of the 1eal-estate finances thai
few purchasers venture on falling market.
raee is related Of an investor who advertised
this week for cheap real es!:.te OF certain de-
sc.iption. So much was offered him that he i'll
continentIy drew in hia horns and decided to
wait while. The belief that purchases can be
made in certain localities, like Wabash avenue,
to advantage for long Investments. il general
anong men Of means. They will no doubt oct
IN it. but as their number IL small and thei1
way OF operating quiet, tho result will not widely
affect the market There is b great deal said
kbout "a the prospects" and here opinions dif1et
Ii widely rs inc1inat,ons and necessity vary. One
Of tue best known Of the veteran citizens OF Chi
rago, and one familiar With all the turns Of the
real estate market, gives it as his opinion
that if present causes continue in oper-
Ation ne shall have brisk trade
IN the spring. A pleasant prediction, and every
one will hope it may come true. But before We
prophecy we must know what Congress ls gong
10 do With the financial question.
some sA1Es OF THE WEEK.
The Iowa Railroad Land Compsny's sales for
October number l66 farms, comprising 5,o73 a.
100 acres and 4s town lots IN all amounting to
E111,079.6l. CASH received from sales and COL
Iections, $50, ,0o2.43.
Young i Rowley have sold fifty lots in Bogue's
6nbdiy1sion. at Rock Island Shops, for S20, 900.
John s. Hair l. Co. have sold 70 acrea in Soc
Il. 80. Is, at $3.50 per acre; or, $50, QUO III AL
it is to bo improved Immediately; also,
Loss 80, 50, and 81. in Assessors Subdivision,
nth improvements. for S25,0o0; also,
Warren, Keeney l. CO. have sold, at South
Evanston, to Charles G. Breed. 8 house aud loo
feet on Hinman avenue, south OF heeney ave-
nue., for Sl3,500.
J. Henry Il Jacob WeH have sold to1l1o feet
On Calumet avenue south OF Twenty-ffth street.
with tvo-storr and basement BRICK house and
brick barn, for $4,000; also. 800 feet, corner
Of Fi{tv-Feveuth and State streets, ana 5uo feet
corner Of Fifty-seyenth street and wabash ave
nue. for S27. QUO, all cash.
Mr. r. Bradley has Sold for stedman Il Pope,
the southwest corner Of Washington and Jeier-
eon streets, 75x36 feet, to Joseph Miner, Of Nor
wich. Conn, for S30.o0p
I. O. J, Slough reports the following sales Of
Hinkdale property, near Stough's new station:
!. 600 feet to George P. Pope, $40, 600; 1000
feet to A. {. stednau, $4,000; 300 feet to J. P.
Brun:, 81, 900.
L. y. Craig has sold cottage and lot No. 6o6
C. 4. Phillips has cold eight lots in Prospect
brown j. Hall hnve sold four lots in Cole d
Coveys Subdivision, at South Eugiewood, for
$2,40o; also two lots in Coles Park Subdivision
4. M. Hit has sold four lots at South Engle-
wood for $3.50.
Asa ". Clarke has sold nine acres near Morgan
Park for 8. 600.
B. F. Clarke has sold Lots A aud 4S in Block
nc Vast HeirftH for S3D0.
Dr, II, W. Sherwood has sold lots ut Wash
inpton Heights for 81, $50; also, Lots 19 and 26,
Block A, Washington Heights, for $4,000
Ira Brown has sold 80 lots at Park Ridge for
D. n. Bash and D. ". Potter llavo sold acres
in Sec. II, ss, 13, southwest OF Brighton, for
i. n. Bash and .. Y. Potter have sold lots
with cottage on Fifteenth street, near Blue
leland avenue. for So, 500.
II. F. Hale has sold l 500 feet at South Evans
ton for $oo,ooo, the property to be Immediately
improved.
Gates 4 Co. have sold the thrce-etory. and
basemenIt brick building, No. $40 Madison street.
for $4,000. Tho building is on leased ground
Also 325 feet in Blocks and 7, Jov l. Frisbie's
Subdivision at Lawnda1e, for s8,125 Also,
farm near Arena, Wis. for $40, COO. Farm near
Mauston, Wis, for s., 500.
Dayison WEIGH have sold forty acres, being
the s. 4 OF the Y. q Of the $. W. Of SEQ. II.
3S, Is, for $40, 900, house and lot No. 2o4 Park
avenue, for st, 500; two lots at the corner Of
Oakley and Polk streets for s2 400 ard five lots
street. for S, 500.
William H. Sampson i Co. have sold 1001196
feet on the northeast corner Of Wabash avenue
and Twenty ninth street. With several frame
houses upon it, for $4,000. The value Of the
houses is about $4,000, which gives $500 per
foot paid for the land. Also, ten acres at Wash
{ngton heights, for 4 ]. Cooper, to Miltimore d
Morris, for $4,000.
talst, visiting this city (purchased Of George c.
Beuton), Is acTes at Hinsdale for $4,000. and
Rold 40 acres at Washington Heights for S30, 900,
both on cash basis. The tract sold at Wash
price, Us did also the Hinsdale property.
John 6ouerbry has sold lot in Kedzies Subdi- !
vision In Sec. 9, 38. Il, for $500.
Phijpot 4 Hono1e have sold 80 feet on Dear !
Weslsy Church for 81, 900.
": e. Rice has sold 26714 feet On Twenty |
fourth street, near Cottage Grove avenue, to |
Rice Pickering, for SIG, 900. |
E. 7. su1nwalt has sold 40 feet on Wabash Az |
cnuo, near Eldridee court, for $4,000; and 50 |
lots at South Englewood ar $3.50 each. |
TIE LOAN MARKET. |
There is little new to motto in this connection. |
There is gradual improvement, and loan agents |
speak in hopeful terms, but the truth ia that the
improvement is not OF such decisive character |
to warrant us in painting the immediate fu- /
ture in roseate hues. The best that can be said /
ls that the business doing is as good and eveu |
little better than it has been for some weeks past
The Connecticut Mutual Lite Insurance Com |
pany made loao Of s47, 600 secured by mort |
gage on 56x180 feet, east aide Of Dearborn street
between Randolph and Washington streets, five |
years time, interest per cent; the loan to be |
expended in building. The same Company also !
made loan of $4,000 secured By mortgage |
on 7619 feet On Halsted street By 116 feet On
Harrison street, five years. time, interest per |
cent.
Block 6. except tho south 16 feet, Packers |
Addition, has been incumbered to secure Two
notes for $25000 each. payable in four months,
interest 10 per cent. This iucumbrance ia made
subject to q previous mortgage OF $4,000.
A mortgage covering the entire line of the