, 1880-12-12

t*S@~~'f 7pAAAAI0ck NSAAE4 ssN~7eNAA sAAN~
avenues, In Washington Heights, for ss'oo
per acre; seventeen acres near South Engie-
wood at S375 per acre; fourteen lots i'll their
Stock-Yards Subdivision, from sa75 to s4oo
each. They alst, made four other sales,
amounting to S109,5 that will not be made
public as to location ut present
An offer of 500 A foot has been made and
refused for twenty-five feet on Michigan
avenue. between Twenty third and Twenty
second streets.
a member OF, the firm of Gray Bros. has
purchased the northwest corner Of Wood
lawn avenue and Forth-seyenth street,
known rs the Bentley lot The property was
sold year ago ut $50 per foot, and resold to
Mr.. Gray for SIS per foot, an advance of S35.
It is understood to be Mr. Gray's intention to
build handsome residence for himself Oh
the site
Messrs E. c. Cole s. Co. have made a sale
of 4oS feet on Indiana avenue, corner Of Fif-
tieth street, for s., 500, or $50 per foot. The
same firm arc conducting sale OF $780, GOO III
city property, There is at present some
5000 difference between the would-be buyer
and seller
Mr. j. ". Farin has sold 1a2x123 feet on
Kenwood avenue, at the corner Of Forty
eighth street, for S35 foot
Forty acres at the corner of State and
One-I1undrcd and Eleventh streets, west of
Pullman, hare been sold for $500 an acre.
Mayor Harrison has sent to the Secretary
of the Treasury for the title to The old Post
Office property. This has never been in the
hands Of the city, and the First National
Bank people are anxious to see this docu-
nlent before expending large amount of
money OIL the improvement OF the property.
Boston capitalists are among the most act
i've explorers for bargains in Chicago real
A movement has begun on
NORTH CLARK,
north Of Division. This is In anticipation Of
the benefits from the junction Of the State
street and Clark street car lines from Diyl-
sion street to the park. Several sales have
been made at prices ranging from 500 to
s125 foot The southeast corner Of Clark
and division, 50 feet, has been sold for $500
IN THE OTHER SALES
Of the week were 14Sx2l3 feet on Erie, north
east corner Of Kingsbury to Huron, S1G,o0l;
aa51x100 OIL Huron, southeast corner of Kings
bury, with 14sx100 on Erie street, in
same block. ST. ,46G: 364 Michigan avenue,
S11, 900; 7:,x150 on Calumet avenue, south Of
Thirty-thirI, SIS. 400; 35xl01 on Third avenue,
north Of Harrison. 5000; 25xl00 on West
Madison, east Of May, S9,2s5: 426x161 OIL
avenue, northeast corner of Forty
sixth, 25.5Go; same, $4,000; 25x12o on Wa
basil avenue, north Of Twenty-fourth. St, 500;
25X1S0 OH Prairie avenue, south Of Twenty
sixth, $1,000; 3Gx191 on State, north of Six
teenti, $3.50; 34x1l0, improved, on Canal,
northeast corner of Wilson. 5000; 3ox124,
improved, on Irving -place, north Of West
Harrison, 5000; 39N1D, improved, Oh Rush,
south Of Huron, $ll, ,G)O; 241sx1O0, improved,
on Fourth avenue, rorth Of Harrison, $1,000;
COO feet to railroad on Hyde Park avenue,
northwest corner Of Fifty-seventh, SA, ,000;
55l1lx117, improved, on Prairie avenue, north
of Twentieth, $50, go; Fl l1lx70 on North Clark,
south of Wster, 5000; 791zx141 on West
Madison, southeast corner OF Clinton,
S30, 600; as1%xl30 on North State, northeast
corner 0. Burton place, S25, ,750; 45x60 on
Ma rket, south OF Randolph, SIS, ,750; 90x60
on Market southeast corner Of Randolph,
S37, 500; 50x1S0 On Drexel boulevard, south
of Brook, 5000; 922$%x199 on Hyde Park |
avenue, south Of Oakwood, S9.300; 443a]1R<x117,
improved. on Frairie avenue, north Of |
S23, 500; 25x11711<, improved, oil |
Prairie avenue, south Of Twentieth, $40, 600; |
.5x1771<, improved, north of Twenty-tirst,
sl0, 600; undivided Qne-half ok 95Kxl77k on |
Prairie avenue, southwest corner of Six |
teenth, 81, 500; 1889 Indiana avenue, a10, 600:
$50 North La Sale, $3.50; 5so2x3oGJ1ss on
1Frightwood avenue, northeast corner Of |
Ashland avenue, $500.
INVESTMENTS l., ACRE PROPERTY
have been fabulously prontaole In Chicago.
The Blue Island Land i Building Company |
nut s,5. 600 into Washington Heights in 1SGs.
Their sales have CALLED $3.50, 1000, and there
ara still, 100 sGes unsold- Eighty acres
boueht in a5i54n Cicero by w. B. Ogden for
sso Az acre-hAve. since been sold for $500
ax are. Laid about the Northwestern car
shops, IN Sec 10, 80, Is, that was bought in
52 ut 81, COO an acre, has sold at $50 to S 200
! lot Twenty acres south of Thirt<-first
treet were sold in 1865 for S54,0O0 4 few
months later it brought S10S, 600.
The Chicago Rcul-Estnte Journal gives
be following as an illustration OF the profit
hat can be made By retailing acres by the lot:
About the lst OF January ia the present year
!essIs: l % $: h; kerfoot Co; subdivided and put
lr8e Eastern estate, clients OF theirs
This block, bounded by Throop, Loomts, |
rest Eighteenth, and Nineteenth streets. and !
a$AAE q NO1uCI AIUHlaKG Du DuG 1SAQQ avenue. |
as sui bdivided into ni,lcty-six lots each 341l.5
'et. In the si1 months ending June 90 lllt.
is firm sold eighty-four out of tho ni.lety-six
ts. This entire block could have been bought + !
bulk last autumn for $45,000. The following
ate1ncnt of the retail prices which tho lots
'ught will show what handsome profit there
ouid have been to any one who had purchased | ]
9 block at the bulk price above named:
TIE RETAIL PRICES | =
.ro as follows:
lots at 500 each S15 soa
lots ut $1UO each. h..........,...2S 4O0 e
lUts at $s0U each tIN |
1tf4a at SAkl ,.ttaSn |