, 1879-04-06
REAL ESTATE.
Review Of Rents for the Benefit Of
Eouse-Hunters.
Price Of Houses in the Three Divisions,
This Tear and. Last.
Store Rents on the North, South, and
West Sides.
An Increasing Demand for Lots
from Workingnen.


from Workingrren.
The Sales and Building Of the Week
Rapid Transit and Real Estate.
The house-hunter is abroad, and the real
estate acents are busy attending to him. Care
ful inquiry among the purvcyors to the demand
for house accommodations shows that, taking
The city through, rents are generally the
SAME AS LAST YEAR.
Some agents report an indispos. .tion on the part
OF tenants to pay last ycar's prices, aud in con-
sequence some shifting OF quarters. But this
Is not the rule. In some Of the better localities
there has been slight rise. The North Diyis-
ion has had the benefit Of the most OF this up-
ward increment Its superior accessibility
gives houses there great attraction. Lincoln
Park is usually regarded as remote, but 4
measurement Oh the map shows it to be only
about the same distance from the river as Four
teenth street on the South Side. Building has
not been rs active on the North Side as In
the other divisions, and there is, consequently.
more demand than supply. On such localities as
North Dearborn, LaSalle, and Indiana streets,
east Of Clark, there has been rise OF to 10
Fer cent on rents. 4 house on Dearborn, near
Superior, that rented last year for $50 month
rents this year for $50 month. West OF Lin
coin Park rents are low The marble-front
threc-story houses facing On Lincoln Park, near
the Clark-street entrance, rent for $40 month.
On Pine and Rush streets there are but
FEW HOUSES TO DE HAD,
and prices are firm at last years. figures, which
were not low. 4 good illustration OF the de-
uland for houses On the North Side. near the
river, is furnished By the SUCCESS Of the builder
who put M the block at the corner OF Indiana
and State streets. The price first put on these
houses, which are marb1e-fronts, with three
stories, was $50 month. They are all rented
at S55 to $50 month. On Pine, near Cass, the
block of houses put up cheaply bY speculative
builders are rented at $50 to S55 month. A good
many fats are going up in the district west of
North Clark street. They rent readily. There
are number Of these buildings On LaSalle
street, Lincoln avenue, Centre street, and in
the ncighboring district Jacob Rehm is build
ing a block of apartment houses on Centre
street. These apartments range from four to
seven rooms, and the rents vary from SIS to S25
month, according to location and number OF
Tooms-
Business rents on North Clark street, near the
bridge have declined. The warehouses on the
east and the factories on the west give too little
support to retail stores In their vicinity. In the
ueishborhood of Ohio
RENTS HAVE IMPROVED.
At the corner Of Ohio and North Clark streets
store @1oo ren1s LOT 30 - Ell a au
the year. Offce-renrs on North Clark street are
rerr dull. 4 double store on the corner Of In
diana and Nor1l Clark streets. 3Gx60, rents for
S].3o, the same as last year.
On the South SIDE, IL the business centfe'
rents are mixed: As was explained last week,
IN choice Localities Akc that opposte flelu q
Letters new store :ents are nrln, ana nave even
advanced: But tenants euoeasor, "nete ues
cannot effect reducllo1, 10 move 10 caeape5 5
quarters. large paint hrm have removed
from Randolph street 10 SCUM wafer, "ne1e
they get 1orty-foot store that has been vacant
for some time for s1,5Uo year. a publisher
iea'es an 2l,ooo year stole VI Nasntn4.ou toa
street and goes into new store o On - Monroe
Street, au&oy, WHICH he se!s lol 91,<oO' Ine -
o4 lcHts ~ lae ousneso u4ou.ee LOU! naa oo7'1'o
power in the new persons and hrms
COMING INTO CHICAGO
The city is now. as in former years, drawing
population and business to it from the West
and the East During the week ne" residents
have come in from both directions: a yarnlsh
manufactory OF New York has obtained guar
tiers Tor branch here. a tendency to advance
140 feet. on State street, between Congress and
Harrison streets, rents Tor S1,5OO,-an advance
of $500 on last year. .,
On West Madison street, rents are strong.
IL the block at the corner OF Nest Maalson ano M
Bishop court, the corner store is rented for s75
q month, and the other three On Madison street
for S45 month. Between November and jan
uary, they rented at $35 month. There are
very few stores offered for rent on West Madi-
fon street. Houses on Sheldon street rent for
$500 year. a furnished house on Jefferson
Park brought 80 a & month Inc resi- OIL 1ne
block, unfurmshed, SoV month.
!he oloGh o. WHma n7ione 1o1:Io .t:,,,.,,ao S1 ~
built 1or Oan1el Mesis, Jr., o. SHl"ankee, ol'
the corner OF Al1cn1san avenue anu aallasou ",
street, arc now completeu' ano aase ocEn 3tla all
rented to sood parues az !alf PRICES: lnese aHs.
houses nave ocen nn1snea !.i LnIelnaAy III - nlsE
class s;y1e IN narawooqs. VILE e.ao0rate i Gooucn
1nan'cAo - -. o11<- - .t - =; ,5s,anna ~
rooms. ana are eenelaH s'ep u y amsanse Th y. ~
houses onlit LOT fenta4 Aete@ ~ T. 1noH''s -
lie afcl1'tect. o.,ao,,xo,x;,,r-
10 realreSla1e s,l men u'e Inost cncou.as snls ~
feature OF Ine sltuatlon Is taat 1hete Is once
again
oknASu toh LUIS
harin II Sa1f 1nfS. t,nnw u Bajn