, 1880-02-08
,-,..7ord Turn in House, Store,
and Office Rents.
xo;+v of Small Stores and De.
,oa,d for New Buildings.
: .se Activity in Sales Of Property,
~ Improved or Vacant.
. ,,;,. prrmits-leans- Cit! Improvements s-ln'
'sDSss ,;,n 7;t|es-la1ation b! Special Assess-
Observation-Disclosures.

i rery decided upward moTement rene, mas oe-
80 avis Agents do not like to say too
ggnn - ~ ahn,,t it, for fear landlords will get
'na.u and nut their figures above the ability
to pay, but that the price OF house,
SUM- ',e1o,,uop ATOMS HAS NcREAsED
49, hc no doubt. Houses are already
ult'o e.nd demand, aud there we're never so
n 49, ss"o.rt residences offered at the renting
ie" 'ss .;ss Houses that could be had last
agen.1+ ~ so5 month are now held at $50,
s2.m ,,sss at SIS, and $40 houses at SIS.
~ ~ n ,ri11 he less increase probably In office
ln..o p.N than in any others. About 10 per cent |
tens ,.t the advance charged on new leases
80 > S being made The most surprising
changes Is are to be noticed IN store ren's' par
hcula1]y ,,,,, c,-, !
e,~ ,nonths ago there was downWara
olA A,ancv especially on Wabash avenue; but !
tsnus ~ tS,s has been changed. A store on Wa
n.n ~ .1 ovenne, near Randolph street, that
oasn for the past year or two at 1900, has
!en.e 1oasad for five years at S9,o0o year.
msa meA a,rner Of store OIL Lake, between State
in swan.s}1 us raised his price from ST. 500 last
laor l'a b So 100 this year, and is now offering
1eal 4an,nt ~ who took the lease a bonus to
~ l:ra;t IN. There is great scarcity OF stores
sNet se.ata strent. The erection Of the Music
qn,', q1.w hss i,nprpyed the northern end OF the
..1al l.saat t verv much, and rents have advanced
o. tha neighborhood. A small store
" y. state Street, between Randolph
oa VA Washington. that rented last year for
@ csrf, o has been let for 3d. 600; floor on the
ssme street, near Madison, that oroughs LAST
te"1 Is NOW GOOD FOR .
room a5foot store on Washington street,
setveen Wabash avenue and State mas gone
m ffom $1,000 to S1,Soo. AL advance OF %
M ~ cent is made on Monroe street, near Ia
s,I,e in the rent Of five-story and basement
ia;l5inr. which last. year yielded S5,2oo to
fhe ovner. There is great demand for stores
= tta vacant district west Of La Sale and
sonth ~ af Monroe, and capital INVESTED mere
Tnnid bring in good return. Inc same IS
tne 1T small retail stores on WABASH avenue
TIE INSUFFICIENT SUPPLY
NJ honses and stores and the 1mpros3na 20 Itn!s
,,a,ise =, fn cause good deal of building this
glon''TT Th;s Il increase in accommo odationS will
chpck too rapid rise Of rents.
sales If real estate have not been as nu~
nerons as during: some Of tne preceolng
Teaks. but agents report good delnahu aiiu
satisfactory business. me persons VIZ rs. me1e
pry At lie corner Of Clark and Washington
streets raised their previous offer, S4o,Wo,
TO $4,000
but 1T was refused. Gen. Strong has oonght
fhe northwest corner of Indiana avenue aho
Thirty-dfth street, 1O0x1G0, for S1500o Elghty
acres on Halsted street, south OF the Nofnal
School have been sold at sg an ~ aGlG 9ia Z, III
Joha De koyen has soia 1Sf ;cj;sn it aVenue ave @
and ri Thirtr-ni1,th street. An offer Of 500 a
foot has been
MADE AND REFUSED
fo1 the northwest corner Of Michigan ave
nue. and Twenty-ninth street - .-t,..,,.
]. D. Harvey and B. a. Ulrieh nave solo
twenty acres IN S. n; Of the n. =; 4 otfs nec.
96s II on Eighty.thrd strees Ia a1u a. I,ses' .nr'
cssE: @ Lots !. So BLOCK i, in Stone 4 kIemm's
at $50 per acre; M Lots /, :, 5, is, 19, 20, Block
!. Stone & Remm's Subdivision. 6 acres, at
$50 per acre; Lots IL, s, I, 5, Block !, Slone
&Nemm's Subdivision, 5 acres, at S15e PEI as
1S Isl % Division a. : and !, S, 81, IS, G., Dlvis
lon 4, South Shore Subdivision Of Sec. 80, 81
Il, acres, at 5000 per acre; 5oSlN IeeL
west 'front.' on Cornell street, north CT Chesl
nut street. at SIS per foot; 5OX;s55 feet, eas
'front.' On Cornell street. north OF Gnest
nut street. at $50 per foot; 6ox15o, west front r
third street. for 81 goo cash.
:. Ira Brown sold 10 lots In Evanston 70
5000: lots in Lake Side for $G0; lots II
Park Ridge for $500; and lots in La Grang
for $4oo. Z:
IN THE SALES or THE WEEK
were 54x9S feet on South Water street, south
east corner Of Carroll avenue, s., 600; 2515x12
on IWpnty-fiftl northwest corner Of SteNar