, 1875-11-14
REAL ESTATE.
In Chicago It Is Too Good a Thing to
Be Parted With.
Consequently Comparatively Few Trans
actions Are Reported.
The New Fire Ordinances and the
Building Season.
An Active Loan Market.

MOST OF tne 1eaoe1s u IL Ah1nosA ~he
understand lha1 no1aefs u properly nave en'''
! confidence in lts ultlmate value AZ An invest
! matt and hold on to It ilrrp]y as aaAipst m
| nr;c. thav ran now eat for il. Tha laroe elias
! .4.1.s... a. - .. 49, .e.aa,.a
! VI cap4e0t1e.0 ano oue'o oo"n W Jug Poe'e''o
OF 10" htahdrod dollars laid BY to be 1nVesto
in home are all holding off and waiting 70
M chsnoa occpra in ,ba nortat snf;c;ant Il
| ,-:1,. -. ri,
| "sAe 'uat nos' oos1aoie a'@1e4o-no"o' IL
material Tor 1t B undoubtedly acoo
nulatiug steadily, but how long tbs
| material ia to remain unused "p,
fal,ov non efna orrn-..r+,;,,v nm nm
.s..~. ~ t-.t~a ~ -a.
"nose Judgment can oe 'sus'eo pseseno" u LAY
! any definite EMO o"ledge On The subject.
That Chicago property-owllcrs hare eutir,
con6denca in the future growth and prospar,t,
- +ha ,;,, .,1 ras1;zo h,,r want .nd ,ro6taht.
| '' N
tne business ao" oone nero' ID slso proved o!
the vast number of buildings put up during TIL
| past eeason and still in process of construction
| Our merchants and capitalists, great and small
I -, - -. ~ ~
| 90 hoe SO easo"ueIe u 1u'est tteil money. Mos'
of them it is true find active use for their protitI
! III sne41 'ncseao'ns puoAoeao oas "'@us u tuea
| ei her improve property already owned, to make
! it productive, or purchase resl estate, and hold
II aS peFH8aent investment JUST no" Atl:e
| or pothine 10 doing, but eatier in ths saasor
| s.yeral larra purchases viii! be renemherod
We. ~ 49, hams sn5 ns s'.ns IT,"
go =, h.tnne tna;- hoota ~ ~ ,aa ias i.as
.1n1e @ 10 paiance .nel ooohs not .ne yea1, they
plus OF profits to invest IN real property. It ia
evident that our new fire ordinance is producing
| salutary effect. The buildings put up now are
'ataad ~ 1dino irnnrovamaota ,ha -,,n.',s
tAiss" ~ .I,,s ~ ~ up ;.,1tto wy uae"su1e
seems really 10 nave etlmalated them 1t
promises immunity from the terrible fires
that have wrought auch fearful de-
ssruction OF property. and, therefore,
tIa;r nronar,v 17ba ran,rfora ~ .ruc Tn,n,-,.s
tls enem 1ne H., 49,. .a.s y. ahs
49, h,,t ~ - cy rs ~ o'u
the enterprise OF Our people, Que must take
day or two to ride about the city, The results
VII o even ooT bs oess 20 anu
Jona 5rr,nc tsa nast sa.ao, :. s;1,s,,s - ;,.u,an
aone out1ne Nt'' pas. ee1ev. ~ einpls 'sn"ense
In New York PRICES appear to have about
touched bottom. The 1rlbune OF the II til SAYS :.
tne rs1 eatse a1tst ~ ,his cstg ,ta n
heen Tnade IL !x,bn, re,ortar hy .on1s ~ ba ias1
inc de.iers lint th ccnera iunresson ~ thst r;ca
ra9nnt o. mnch inxrr In SONS asca = ei;sht 49,
conrsg.msnt IN I'm wv of mora 1nonr;e. ,fter ooa
nronsrtv - snoken a. hnt ~. actnaI Ga. ~ s
ohf sn With rerv fcx r1ceut;ons II ia sratad ,ns.
aEa IN nrcnu,,t ~ forac,osuras ~ T,crt1,1"a ~
n1onfnent dealer r~marked that ha ma hesed ~ bt
one sse On the street within ths DAT week or twn
hc cnjv xrrcui.tors he st,fr ara 1ha hsrrs s.bn
have matters ali their OVID way. Another prominent
dealer said the greatest reduction had taken place
IN ontmprovsd properly IN tue upper part Of
tae ae'' ana ~ n.snpTasSd a Leaaoences every
- ~ IN eis M eon,d ~ sa,, T. n.y. s
csses, Tor more than nai1 that sun. Much Of ths un
imnroyed property had long been held At an
entirely dcttors value, and when !, became necessary
to sell tho and would, IN many cases not bring more
than Is Pr cent Of what ae asked for before this
81 ~ M o 90 @ Wn a
rsina s% 6ssn ',,c ess marted sana,ii1 ~ ~ -
esat s;de IT tha civ ProneStg heiseen se:nnd AMI
Fourth avenues. below seventy-aftn street. would
generally bring u much to-d:y ~ u any PREVIOUS
time. On the West Side the depreciation in values
had been more apparent, ana there vere fewer
transastGns hat .,n o. nature WHICH a. indicated
~ ;ynr1oSs nrore,t n.ra nnt ~, as
creat a. in Come other portions Of ths
cty ~ there is lttla Of vbat might be called heI
priced property there. So much depends upon tho To-
cation and ths in the character Of business
taat aIs continually takana plaee that TINS gentleman
a1, sau II ~ w 10 es.ma.e me reuucon M N Ine
tnneht ,,fe t mt + At IN tn ~ out
forse5osnre WIS msde On Tnesd.y At the E1chanee
sAlesroom, No. Ill Broadway Of the ground and in
pzovenents known No. as Broad street, for $1,000
the sale It va announced 1 that the property w
taea occupsso a. fsatal o. S,o Per annnn ana that
Int ~ ~ tans ient. M 1ne gen
tho rennrter h.a not san eon;va1rnt 80 tb.. iu the
vsue Of 70 property and investment in sea estate
"ouln PI1o1 10 An'o
SPECIMEN SALES.
Edmund G. Stiles has sold during this week
cottage and lot Desplaines and Pearson streets
for $500; ~ lots south s7ue of Walnut avenue
for $500 i lot 0akwood avenue for $3.50; lot
Ashley street, between Ho,ue aud Bouth atreata.
for 5000.
e. .. Kerfoot & Go. have sold 15}x40O feet On
railroad, just north Of Forty~seSenth street, ad-
joining Stock-Yards, to Cottrll,, Brown T. Co.,
for packing houses PURPOSES, 813, 600 cash,
Messrs. Levy Wlpg d TO. hare sold four OF
the two-story and &C liar brick houss u built by
them on Bulling street, just south OF Belden
ayeuue, with lots 2ix125 to aliey. to Thomas |
Mur phey. OF Atchison Kan, for SEQ, 600; also
one Of same to ii. Solomon for e5 COO also one I
OF same to Il. B. Mathews; both of this c.ty.
Lorng A. Chase sold for G, L. Bnr1ick tvo !
two-sLorY and basement octagon front brick |
houses corner Ellis avenue and Brook street. |
Consideration, $4,000. Also for james n. |
Steele. one two-story aud basement brick houss I
on Forty. first street. Consideration ST. 50O |
Ian rho snnth half ~ Rlock 100 Mauwood a.
Al mn 49, "~e0' N'A
=, =, o oda 500 II NORM Lawn lU lots II Block
LOT "a, ooo caah.
Granville Batss sold seven houses and lots on |
Schiller street. at the corner Of Dearborn for
So 600 each A5f 0f1 tn n z pearsons
!. 81. Stewart a. co. eold tn AndeTson Fowl.