, 1880-02-01
Fourteen Heavy Purchases of
Acre Property.
Leans and Building Permita-1mportant
Legal Decision.
The real estate market was reasonable act
ire last week. Buyers are on hand, but they

HO 4A4 d4uC0 luGluoElfEe WITH tuE Oily fIS
real estate, and the influence Of nearly Il
whole body Is now being exertcd to kef
down "the boom," and prevent raise
prices. Numbers of sales they make al
refused for publication In order that the ma
ket may be kept as quiet as possible. IT
demand for real estate is now to be see
plainly, and there can be no doubt that til
present year will see
4 GREAT INCREASE.
In the amount of capital that will seek il
vestments in real estate. The Peck estat
have received and refused an offer Of s3eo, on
cash for the property on the southwest col
ner Of Clark and Washington streets, o.
which the
EXCHANGE BUILDING
stands. The intention OF the wou1d-be pun
chasers was to erect lpe business block il
place Of the present structure as soon IS th
lease expired. The property has frontag
OF 1eo feet on Clark street and 107 on Wash
lngton. The Clark street frontage was thu!
valued at s., 600 foot by the intending buy
ers. This is one of the highest valuation.
ever made in this city, but not the highest
Timothy Wright was offered 5000 a foot fol-
his property on the southeast corner Of State
snd Washington, now covered by the Hale
bu}lQing.
Mr.: l.. Q. Letter has bought Of Mr.. F. D
Lion OF the Burlington s. Quincy Railroad.
The price paid was S175 IN acre.
WI uoyt & Son hare sold for II. z. An.
thony to q. K Keith the east 20 acres Of the
Of Sec: S.. S.. II, for $1,000. This properly
lies half mile south of Grand Crossing.
Stone & Karnes have sold five acres on
Seyenty:hfth street, near the Baltimore d
Dhio t2 Railroad for 81 ooo, and 175x1so feet on
and Forty-frst street for SILL
Grifin! s: Dwight report the following
sales, al! for cash: Two lots on Hickory
street at $3.50 each, one lot on Ashley street
1or S450, three lots on De kalb street at $3.50
Adams street near y estern avenue, for s., coo,
one lot on West Chicago avenue, near Lin
coin street. for $3.50. one lot on Congress
street, near Latin, at SEQ foot, and cottage
and lot on O'Brien street for 81 900.
Mr. E: G: Cole has sold five acres OF land on
ihtrfy-hfth street.. corner Lincoln, during
he week, for 81, 600, and the premises No.
q: West = Adams street, cottage and 25-foot
Mr. II. X. Hutchinss sold during the week
to A11na B. Stoddard lot on Park avenue,
near the corner Of Leavitt street, 25x1A feet.
tor S5,5oo. The same property was bought
q 6y a linn two weeks previous to the sale for
The cottage, with LOT, No. 63e West Indiana
street was sold by y. Harry Hammer on
Tuesday to George W. Scott for Sc, l50. Mr.
Hammer has purchased of George Webster,
81 n 1anco:k County, illinois, IS feet Of land
Rn Rft; S@a1e @ strest east 1Tont between Thirty
cash; also, from Roger Morln, Is feet, nearly
spposit the above purchase, on the same
street: for 81 200. Mr.. Moran was offered at
one time Sis per foot for this property,
which is more than double that given him 6yi
AT, Hammer
Three acres on seyenty-first street, near
hfaiiroad avenue. have been bought By B. A.
Ulr1ch at SGa' All acre.
9; J; StonEh E has just bought Of Amos T.
haA, Esq, 200 acres south Of Hinsdale for
tl2Voo cash, This same land would have
told in 1873 for $40, COO He has also bought.
alfee, 0ther tracts, amounting to sixty-five
kres: for IS, 100 cash A1r- Slough reports
Ind for good places to live in, but the parties
Tant to buy at very low prices.
1neIc were during January, excepting YES
nfday, SIS transfers, and the considerations
EsreEated 81 Sdb Oh IN January, 1879, the
ions az gregated s, ,1o5, GIG.
r. lne foreclosure against Potter Palmer by
NE Connecticut Mutual Life Insurance Com
pany. N mentioned : IN cur issue Of Friday, was
ffa Ha b,d a. tas instance q Mr Palmer himself
lain IL Cusilma1l, who assumed the payment
of The mortgage made BY Mr. Palmer on the |
property. Nj. Cuslman totally failed to |
h,eet the payments as he had agreed, and !
NECESSARY to foreclose i'll order to get the I
title ir . shape to handle it.
THE THREE LARGEST TRANSACTIONS
put OIL record during the week were 139xGe9 !
feet on Sixteenth street, southeast corner of |
EEi5own' Eitnv' sod by Hugh McRirney to the Nc
$50, 800; the sale of the Clarendon House by
Mr. II. n Thompson to Mr., Henry Corwit,
for $9s, coo; and the formal transfer to Mr.:
Mathew Latin of the Fidelity Bank prop
The number OF transfers recorded during
he week was not as large as for the preced2
AMONG THE SALES
we're oox125 feet Oil West Harrison street,
seSt @ OF Oakley avenue, improved, $4,000;
6x15o on South Halsted, northwest corner
sort1 Clark street, between Belden avenue
nd Grant place. 5000; 5ox36 on Wright,
vest Of Canal. $1,000; lo0x16o on Lake ave-
ue, north Of Thirty-serenth, $4,000; ~
pres & on oakiey e r. avenue. yer northeast corner ct
yenne. east of Leayitt, $500; 40x100 on
lic':iGan street, northwest corner Of State,
!, sM: 100x175 Oh Michigan avenue, north
Thlrty-ninth, Sc 500; 50x1?4 on Michi-
eooni street. sil,35o; 4ax1a4, improved, on
Wenty,siNtl, southwest corner of Hanover,
1855; 25xl1o, improved, on Michigan ave I
ue, south OF Thirtieth, $500; 55x115 on I
earborn avenue, improved, south of Chica-
Q avenue, Sl0,0 20,4x76 on West Ran
olpll, west Of Jefferson, S4,150; 2Sx12O on :
tate street, southwest corner OF Thirty {
:cond, $3.50; e2X1S015 OIL Prairie avenue. !
car Thlrtieth, $10.0 900: 25x1O0 on Milwaukee, | E
;clluc, east Of Elsto1l. 81 500; 75x1:S5 on Lar
beg, south OF Oak, $500. 2:5,x7, improved, S
! DusSold, west 0f Union, s., 500: o0x135 on
en'2Kln>, near Taylor, s., ,5o0; 30s;xl25, i'm
pved. gu Forest avenue, near ThIrty.sec-
I'd, $500; e0X9l, improved, on Lake ava 4
le, south of Tllirty-t;fth, $500: $o;e>S1aS y
proved. on Rush, south Of Superior, S14,-
.; 5oxiW OIL Illinois,, northeast corner ct Q
'f1h State. $3.50; 1Ox165 on Michigan +,
enue- soutl, Of Fourteenth, Sla- Il
}; s4xla0 on West Monroe. east Of Hal G.
ID: S4.1a5; lo0x1G1 Oil Michigan avenue +:
nth Nf Forty-Second street, $1,000: 4OxIO0 ST
Aiclligan street, northeast corner Of | Il
saroofn avenue, improved, ST., ,4Gl: 2lx9l. il
proved on North La Sale, near Chicago c
enue, S5,5S5: 4e;;sx150 on North Hnvne #
utll OF Fowler, 4.000; e4x1;;0 on Chicaen i
enue, west Of Townsend street. s.. .70O. bt
ll95 on MilTaukee avenue, east OF Noble til
$50; 6oxI91 on West Monroe, near Jeffer. 81
], 81, 81 c,
!. c. Nagiu has sold No. 543 West Wash. II
ton street, two stories and basement octa- St
d marble front, on private terms; No. SIS in
ne street and style Of house, same terms: Of
ner an Buren, and Lincoln streets, two Ct
s On same terms. No 1G34 Monroe STRAIT | la