, 1880-08-29
REAL ESTATE.
Investment Demand for Busi'
ness Property Near the
Centre.
No Signs Of Speculation in Acre
and Suburban Property.
A Quiet Week-sales and Building
pernits-A New Church.

permits-A New Churcn.
PaYements to Be Lnid-Street Improve
ments-Assessmeats and Taxa
ton.
Real estate was again quiet last week. Sew
eral important sales arc being made that catI-
not be given to tho public, which will sao" lnAt
capitalists Gre regaining confidence III rea1 vs.
tate. The demand is condned almost entirety "
business property that can bo made to return
an Immediate income, and to residence property
Of the cheaper grades Aero and suburnan
property is lifelcss, and promises to oe drug
in the market for some time. business III real
estate Is almost altogether Tor lnVcstment'
speculation is dormant, and likely to remain so'
IN THE SALES OF TIE WEEK
were 50x150 feet on West Division street, east or
Noble, $4,000; 45x2O0 on Rush street, south OF
Walton place, S3,590: s5x100, improved, on but-
terrified street, south Of Twcnty-soventn' $S'o'o'
15xl61 on State street, north OF Fltty-s1tn,
$1,ols; 100xl81 Oh Michigan avenue, north OF
Fifty-si1th street, $l7o7; 21}zx13o Pine, south
Of Walton place, f. COO; 25x95 on Orchard, north
east Of Clybourn avenue, $500; 50xl2o On
Tweuty-sixth street, west of Butler, s3,.'; I'M
divided half Of 1S3 feet to river on North Branch
street, northwest corner Of the North Branch
$12, 500: 74xl23 on Walnut, east Of l2ohey, <30o;
l45x:N0 on Homan avenue, southeast corner
Of West Washington street, 5000; 2ax
1T, improved, on Prairie avenue, sontn
Of" Sixteenth street, sl7,50; l,3T1167
on Fifty-tlfth street, near State, S3o,oo)' IN
rs, improved, $1,000; 25 feet to alley, Silver
street, south of West Harrison, $3.50; 3oxlG'
on Fulton street, northeast corner Of Jefferson,
n. ey1F $1,FN, "3hHah HVnn11H.
north Of Fourteenth street, SIG, ,0oo; 5oxl50. i'm
proved, on Dearborn avenue, north of Oak
street, $4,000: 62;ix175 on West washington
Btrcet, southeast corner OF Carpenter Sn.o15;
e5A1l8 on West Taylor street. west or Linton,
5000; 6ox1.5 on Centre avenue, south OF Ninc-
tcenth street, $4,000; 1O0xl23 OIL Carroll avenue
southwest corner Of Wood street. tsv; ana
6ox1oo on kinzie street, east Of North State
Mr. r. B. Malcrs has sold to Mr.. Henry Strong,
for S333,000, his leasch0ld interest IN the Two
story stone.front building on Mad,son street !3s
tor $500 IL year. The land rent IS s. 900 year,
and the insurance aud taxes $1,000.
a lot. l0sxaN) on the southwest cornor M OF Oak Oak
wood street and tho LaKc-ShOre drive, has been
bought for S:.u0 cash.
There has been no sale, notwithstanding the
elaborate reports published Of TING buiiIdlng Or, on
First National Bank, nor OF the ono III the satuc
block occupied by Hopson, tho mlliner, and tho
foas But ve reeeSed NO
Samuel Gehr sold to D. Harry Hammer forty
eight feet, east front. on State street, between
Thirty-ffth and Thtrty-sixth, for 5. HOO .'
Lots on which to build tho new ensine-houso
wanted in the West Division have been offered
the clty as follows: John g. Long offered fifty
penter, for ssOeo; c. E. Besley & CO. offered
sixty-hyo feet, beng No. = South Carpenter
street, for 81, coo; and T: 4: Howe offered thirty
four feet. being No. 45 South Ann street, for
$1,000. The bids arc regarded as high, and tho
locations not being the most desirable 1t Is
thought that none Of them will be accented:
have agreed to report in favor of the purchase
Of lfty-three feet to bo added to tho Wicker
Park School lot.
Bu1LD1xa- PERMITS
issued last. week included those to John Nernee,
to erect two-story dwelling, corner Of Centre
avenue and Ninotcenth street, to cost 50 Ouo; one
to Peter Reed, to erect two-story dwelling,
Ashland avenue, near Fourteenth street, to cost
s30O0; one to Fr;eberg Bros. to erect four
story dwelling. Third avenue, near Polk street,
o dxsaS Norh aats strea
store e and dwelling. So. 4ss West Lake street, to
a%enF IL s. H. s Wes g sSee
story pavilion, No 6:5 North Clark street, to
story store mud dwelling, No 54l West Eight
ccnth street, to cost S340; ono to C. D. Wells, 10
erect twostor{ dwelling k ga nd barn MAJ No ~
Waters, to erecta two-story bakery. Nns. 21d and
2lS West Luke street, to cost $1,000; one to 3:
Rtpee to 70 essst sst fo + sGr etos
! erect two two-story dwellings, Douglas, near
| Ellis avenue, to cost s9.ooJ to c. II. Smith, to
to eg &
! one-story dwelling, No. 1b North Clark street,
to cost S1.40o; to G. Hitchcock: to erect two
fe Maftc to nafs ereet
| dwelling, Hurlbut street, near Bclden avenue,
| to cost S5,O01; to Josephine klnn, to erect II
| 10 cost $1,000; to Jacob Rehn, to erect four
! 1wo-story dwellings, Lane place. near Centre
street, to cost sl0,uoj; To Arthur 2. Thompson,
Clark street, to cost s5,0Jp; to Charles Tokopf,
! to erect two-story dwelling, No. Js4 West Thir
| teenth street, to cost 81. $50.
The Hopkins Manufacturing Company last
| Tuesday laid the cornerstone OF their new
| WORKS AT SOUTH LAWN.
The foundations for the new buildings are
n1rcady laid, and they will be completed by Oct.
| Is, when tho machinery ordered will be put in,
| and active operations begun carly In Novcm-
bcr, employing from 100 to $50 hands. The two
lnaIn buildings will be each 100z6i. and threo
| stories h:gh, with IN eugine~roem Gox:.o and
| foundry lOOx60.-all constructed OF brick and Of
| handsome architecture.
| The lumbcrmcn at their meeting week ago
| raised the price OF lumber 50 cents to 81 on I'LL
descriptions. building will be checked to some
extent b! this advance. unless there is pro-
| p0rtiOnatc rise in rents.
I A new building Is to be erected for the
| CHuRcn OF THE ASCENSION, ,
Of which the Rev Arthur Rltchie Is pastor It will
he in the curly Gothic style, Of Joliet stone. The
dimensions are: Full exterior length, 15o feet
trhe lul length Of tho lot; full width. ~ fcet
| on Elm STREET to a sx-foot alley, on tho other
| side of which is house, twenty feet wide, to be
i1 for II @ psrsh brv n
the peak OF tho roof. 70 feet. The Interior a.
mensions arr: Nave pox+a feet; chanccl. 5lxJl
TIC church, When Completed, will seat about
| 500 persons. The interior is Of polished ST.