, 1880-10-31
Strong, but Not Speculative,
Demand for Real
Estate.
Sale Of the Davidson Block-Acre
Property at Kenwood and
Woodlawn,
New Enterprise at. Lake Calumet
Building of the Chicago
Sugar-Refinery.
RuiIding-Permits of the Week
New SeWers-Rcal Estate
in New York.


New Sewers-Rcal Estate
in New York.
SALES OF THE WEEK.
deal estate has not been more in demand
since the panic than at this time The pres
cut situation is the reverse Of the unhealthy
speculation of last fall. The present temper
OF the market is not speculative in any sense,
Only those buyers are i'll the field who have
money to invest Business property is in
demand for the income it will yield; resi-
dence property is beng bought and improved
for the same reason. What buying
there is of acres is done cautiously
by men who take only eligible tracts.
With these limitations, the demand for real
estate is certainly strong. with promise OF
great activity during the coming winter and
next spring. Investment securities are be-
coming so high that real estate is BY cou'par-
ison very cheap, and the rapid growth OF the
city at the centre and the circumference is
giving Chicago real estate new basis Of
value.
One Of the priAcipal purchases Of the week
was made By 1Ir. Waller, who bought the
Davidson Block, on Fifth avenue, between
Madison and Monroe streets, eighty feet
front, for Sl07,ooo.
Mr. John Quincy Adams was the pur-
chaser Of the store OIL Monroe street, near
Franklin, sold by MI. Charles 8. Farwell, for
$4,000.
E. C. Cole &; Co. have sold G. feet on
West Van Burcn street, east of uoyne, north
front, for S., $50, or 5000 per foot; the two
story brick basement houst: at No. S5l War
ren avenue, lot 6oxl25 feet, for $3.50; the
four-story brick basement building No. 321
South Halsted street, containing stores and
flats, for S., 500: the two-story brick cottage
at No. 904 South Paulina street. for $3.50.
Tie owners Of the Hale Building, OH the
southeast corner OF State and Washington,
received last week all offer Of SSSoooo all
months ago they We're willing to sell for
500, goo, but the price now IS S4aa, poo, on
which there is net return Of per cent over
taxes, Insurance, end all expenses.
Ar: Sidney z: Kent has paid Sl33 q foot
for ST feet Oh Clark street, south Of Van
George Z. Clark g. Co. have sold 5axaa on
Lake avenue, between Thirtieth and Thirty
first streets, for SO foot, or s., GO in ALL
Griffin & Dwight have sold for J. D, Easter
to S1r. John Dyer the two stone-troEt houses
Sos IL 146 and las South Peoria street for
tn Mr. Kennon the house and lot No. a3
Ada street for $3, $50; fnf Mr. Henry Powell
10 Mr.. Bernard Curtis the brick house and
lot No. 2so Loonis street for $500; for Mr.
premises 10. SIS South Robey street for ST.
800; also the corner at lIalsted and Nineteenth
streets for s, 800; three lots OH West Thir-
teentli street. near Kobey, for $50 each; one
saa5; also 5ox125 corner jackson and Leayitt
for s, 800 c2s}l.
Ira Brown sold to R. L. Kimbal1, Of aus
tin. MIMI, house and lot No: no North
Oakley street for S2,0O0; also thirty-two lots
ct Lakeside to l.. n Zefford for ZOO; also
sold eighteen lots at Thornton for S1,S00.
LII the sales of the week were 5Gxl3S, i'm
proved on Twenty sixth street, east Of Wa
bash avenue, $12,350; 50x10o, improved, on
West Lake, northeast corner OF Sheldon.
$1,000: 25xl0G improved, on Oak, west Of
Pine, $500; 1:s211z5x293 on Wrightwood ave
nue, northwest corner ct Racine, So, $50; SIX
ia OIL Canal. southeast corner of Jackson,
improved, $4,000; 25x125 OH Carroll avenue,
pn Cossitt, south of Fulton, S3,GG2; 25x1422,
improved, OH Twenty: fifth, southeast corner
Of South Park avenue, 10000; 25x100 on
RSaof S4s 5eaf seat Of narIsSn
s., 3,15o; 25N1W OH North avenue, south
west corner Of Sedewick STREET, in-
proved, $500; e5x15o, improved, on Dear
born avenue, North of Chicago avenue,
$5eS 5ssz31$5 on on NTH NTH State State stee street
northwest corner Of Burton place, S47,195;
25x117, improved, GU Forty-second street,
west Of Langley avenue, 200; 29Sx363 OH
eSsssa nStsNsSt x S31ns3 ca wa
bash avenue, northeast corner of Forty
first street, S11 .2255; G5x150 on North Clark
street. southeast corner. Of Division street.
ef11 ts OF F5e 2i nG1tA fa1sod Of
street, northeast corner 9f Fourth ave
southeast corner of Third avenue,
81, $50; 25x1D on Michigan avenue,
5o2x1294 on Calumet avenue, NORTH Of Forty
seventh street, $4,000: 20xlS0 OH Washington
street, west Of Franklin. $1,000; Dx125 feet
lnt on CaHmst ~ a;t agenu:, near , Thirt.fourtt
avenue, south Of Eighteenth street, S15,S00; !
10Sxl50 feet on NORTH State street, northeast |
corner of Goethe, $4,000.
The following instruments were filed for
record Saturday, Oct 50:
CITY PROPERTY. |
Gardper st, of North Halsted, 8 f. |
II 9l-100x98 It, improved. dated Oct 20
,!Ant9n Kiesner to Carl Orth).--..--...:$ 1,3oo !
x5lsft ia;ed OF IS tcaiharne eai II. Cor 5
dou to James NJ. Adsit)- 1900 |
South Haisted St aal # = Of Polk: G /, Is '
stste s, + IS Il rnirty:dfss;t skis '
IT. dated Oct . Union Mutunl L:fc-1n-
surance Company 10 Harriet 4 BROWN 215O |
Vest 3: Monroe St. 66 It c Of Hoyne av, sf,
SKIS IT, dAted Oct 80 {Stephen W.
Kaxson to Robert Cliff. ........... $500
Aravitt st, n cor of Van Duren. v +. 50x
1s0 IT, dated Oct Is Charles ". Young
To PAtT1ck ODonnc1p 1p.~.. 1900
West Fourteenth st, liz It Of Ashland
~. ST. 3ix12i It, improved, dated Oct
tAndrew Shannon to Heinrich
North Franklin st. 4Gs flu OF Schiller, ef
:5x:N 4-l0 It, dated Oct. Is Charles
Bulier to Bridget A. Minnis). 900 |
North Franklin st. +5; fin OF Schiller ef,
.5x1Qs 2-l0 IT. dated Oot- - tBridxet A.
MINIS to ]. r. S. Kast,........ $50 ]
West Monrse ST. " OF Campbell av- nf 70
xE3 It. improved, hated Oct 10 Mi
chael j. Eich IT, Catherine Couroy>. 1900 !
Wallace st, l0l # 6 OF Thirty-sxth, VT. Is
x1A It. dated Oct e ID. ShurteT TO
North La salle st, II It n OF Chestnut, W
+, 2'1I52 It, dated Oct 80 {Frances O.
Jones to George T. Duuharn) ...... 49, $3.50
Rosebud st, n G cor Of Upton+ sw +, lux
1U #, dated Oct. 80 &C. and r. Madden
tc Charles Steinbrcchera.. 800
Rosebud st. IS It n v Of Upton. " +, tx
100 It, dated Oct - tChafles Slciu-
brecher to jacob SexAucr}- }---.- So t
Arnold st, Is it Of Nineteenth, ef.o5
I7g IT, dated Sept - e. and c. kuehue