, 1874-04-23
REAL ESTATE.


BOuTH rAnK COMMISSIONING.
Tic resignation ofpottor Palmer, as ono OF
tho mombors of tho South Park Commission,
to tato effect upon tho appointment OF his suc-
cossor, has oreatod D vacancy In that Board.
Among tho gontlcmon who have boon favorably
named to tnko Mr.. palmor's place arc Mr.. Z. @.
Cloavor ono Of tho largest propriotors OF roal
oatato In Hyde Park, and Mr.. George Schneider,
President Of tho National Dank Of Illinois. As
Gov. Devoritigo is abaont at tho East, no np-
pointmont will 10 mado at prosont.
SOUTH SIDE IMPROVEMENT.
Tho property opposite tho Briggs House. on
tho southeast corner OF Randolph street and
Fifth ayonuo, Is about to be improved. Re-
sponsiblo parties aro milking arrangements for
tho erection there of q larCo store, to be 40x80,
and four stories in height. 1t will be stone
front, and will cost about $4,000.
NORTH s1pE BALES,
Knauer Bros. 1,avo sold q store and lot OIL
Clark street, botwoen Ohio and Ontario, 100x20,
for S14000 cnsE. Another story Ia to bo added
to tho building by tho purchasers.
AZ tho cornor Of Pieraon and Franklin streets,
lot 40x9o has beon sold by the hame firm for
| S1O8 foot. It is to DO used by Mr. Dobson for
! an ice-louso and business Office.
NORTH SIDE BUILDING.
Thoro is more activity in ,. building both atores
division Of tho city. On North Clark street
number ct storos are In erection, aud by the end
OF tle soason all tho mnoceupiod lots as far north
oasss Ghg0 g9 syGS sfs g S e sp sS y s s1sss
| bar Of fine residences arc building. Many OF tho
| former inhabitants Of thtB division arc returning
to it, and othors nro seeking honos hero on ae-
count OF its nearhoss to business. Flats arc in
| great request.
Mr.. Ki1nm is building thrco houses on tho
| corner OF Schiller aud Clark strcots.
Noar the same corner Mr. Knost has made ar
rangenontB to bnild a house two stories and q
half hugh, coating botwoon $4,000 and ~ 900;
At tho corner Of Division md Clark, Mr..
Schumacher will build q throe-story brick store
| to 10 uaol i'll tho liquor business.
DR.. Frikie is building four stores on Clark
street, betwoon Gootho and Schiller, That arc to
| bo OF brick, and threo stories high. They will
DO completed during May, and will cost $4,000.
Mr.. Junkel, Of Junhle Il Roollor, Wholesale
distil!ore, il erecting private dwelling on e.
Sale street, noar Schiller at cost Of 925.0o0.
Two fine residences, with stone fronts, are in
construction on Lasallo street, between sohillor
and Division.
Mr.. Appleton is building residence at tho
s12,ooo. ~
At tho cornor Of Division and Wells streotH,
threo residences with stores underneath arc
building.
Outside tho fire limits, woHt Of Wells street
aud north Of Division street, q large number Of
wooden houses are building for the cheaper class
OF tenants.
| Lawyer schintz is to build tino houBo on
Dcarborn street, noar tho oorncr OF Schiller.
In tho same lioighborhood Mr. 6clober will
build three houRoa for tonnuta.
On North Stato street, 5Ir. Obadiah jackson
will build live marhio-front houscs.
Mr. Joseph Bullock, Of Bullock Bros, has
contracted 10 build q houRo on Dearborn street,
secoud lot south Of Division, with west front.
The house will be Of brown stone, and will cost
$4,000.
On Monomonee strost, near Franklin, O very
| 1nrpe fnntv hnta1 ia cOnHtri1cEoD.
| RENTS.
Houso-agonts report many moro houses offered
for rent this year th1n last. Great numbers OF
people who hnvo boon keoping house are giving
Our advertising columns OF last Hundny showed
this movement very plaiuly. The number OF
houses offered for ront WIS greatly in cxcoss OF
5osfes ss aSni p erof VIII tlea asa hs
boarding-houses are filling up. Tono1ncnts aro
beisg surrendered Family rotronchment is tho
order OF tho dny. ~
In each OF the three Divisions tuere las been
material reduction OF rcntB This varies from
10 to 20 per cont, according to cirouMstancos
A store on Madison street, four storios high,
that brought 81, 500 laat year, has boon rented
from $500 to 81 900 bold their own better than
larger housoB, On Wabash avenue rontB hay.
TALON farther thnn In other loealitca.
Ou the North Side, east Of Clark street, ronti
lAat yoar wero worth but Il 900. There ore few
. houses in this. Locality, and. these nr
eagerly bought. for OIL ACCOUNT Of thou
accessibility to business, md tho ploasnntnes:
, have reuts risen. Wost Of Clark street thor
has bcen a reduction, as elsewhere, OF 10 or ~
, per cent. This is tho caae even In tho no!ghbor
> hood Of Lincoln Park Houses that have rented
for $50 or $50 nov bT,ng but gu or or 800
! md flats. All tho houses containing tlnta hav'
beon rented at moro renl'lnorativo rates thai
other tone.nent property. Mr.. A. T.. Gait i
building three such houses OH North CLAIR
street. Tho apartments arc in suites Of si
roon,s, with cloHeta, aud arc fon3nB tor S4u
$50 month.
LAKE VIEW,
Knnucr Bros l,nyo sold two lots In Luke Wow
Daxtera Subdivision, for $3.50 ouch.
NIDagLAND.
Charles II. Hartwicl reporta tho followin
Halos at Ridgolaul. cant OF Oak Park;
Tllroo lots, each 50x174 5-l00, to Potter D. Biz
Iol,Lorg, OF Chicago, for consideration c
"1i1s, Tlrco lots, zach 5ox174 5-loo, to George "
Dlelonborg, 0licago, for 52, $50.
THO buYerb have contracted to erect tW
houses, to bo completed Within ninety days.
Tho Now York Times Of Monday reyiews u
t. condition OF tho ronl eslato in New York
t. torlnB which chow that matters tllere were wora
Z ator knows, they arc dull enough:
At Tho present. time the market M is IN parGay1 paG
, lie reul eatae offered brought Bu1lloient sun!
ID clear oil existing ilicumbraeea This state Of aai
sas also shown Ut thu sue widely advertised md he
on Thnraday BY MeHsrs Muller e.. at wnieh " so1
" Grani boulevard. Tcnth avenue, aoyonty.atxtl! 81
f,syelty y-seyolth Btrcots, were otforod Tor, ahon
there Were present ut thu auction over 100 ro1nlnG
operators iii real ostue. but lot waa eo and I!
about 80 er eent below It's heretofore @ esnat 1s
must bo Yrokon. 1ow long this stagnatioi III bnsnt
viii continue Ia question but tere will M certainly snStrE
~ | njncon unDn moro aectlrc md moro ulderato
~ asis TITO uncertainty n money atcsH las serio'
~ ly at.cctul tho market NIL htt but iet confidence
~ restored and prices must a.!yancS over e!lRhg
mt ureH my such Ggurea bn quoted, for there
TO hut little rea mRrkvt for tho ssla OF any casS
'od property.
,od TRANBrEns.
,ho The following Instruments were Alod for reoo
in yestordays