, 1880-03-07
REAL ESTATE.
...;r;tv Near New Railroads and
~ manufacturing Establishments.
mia General Market Quiet, but
Very Firm.
o.,.x. Loans, and Building Permits
Of the Week.

Of the Week.
.,.. of Rents-New City 1mp1ovements-
-" Miscellaneous.
o or two directions real estate has been
!tra ~ With some slight symptoms OF excite
e" h,,, generally the market has been quiet,
ush ula~.,rh very firm. The largest uansacnons are
lu &c IN conpoction with the new
aa'1 a,uRoAp AND MANUFACTURING
...,rises that have so suddenly doomed up on
au1s,.o go horizon. One Of the most important
me 1asa - fs the purchase by the new Glucose
o. @rfacn,riue Company of this city of the
aao aN..,n tract, on Beach street, between Polk
NsTa,e,fth, This purchase gives the Company
~ ~ taa, of frontage On the river, with depth
- .tout 70 feet. They pay 1000 for the land.
" " oav enterprises, the location of the Pull
VI ". pa3ace Car Company's works has excited
49, n-,oc+ interest. Columns OF idle surnise and
4s..,1afjon nc have been published to prove where
~ r.. rer, to be placed. When the matter is
...:,sa Us1 and the Company know themselves
-. they arc going. the news will be given
w. md authenticAlly, in THE TRIBUNE. There
~ ..'' great deal OF inquiry for aero property
.s.,,hxest Of the city. along the routes and
.ssr The projected stations Of the new railroads
shtch I'll enter the city from that direction.
aa' VICINITY OF CALUMET LAKE
ia the scene Of some buying to secure sites for
4s..rfacturing establishments of various kinds.
.-sct of 1lo acres In Sec. II, on the north and
~ = shores Of Lake Calumet, was offered at
toreclosure sale yesterday and WAS eagerly
,.ten at ses,150 although the title is said to be
sssectjre Another glucose factory than the
ma int referred to Is negotiating for quarters
w o;nno lake Calumet. A sale that did not APP
asr in the city transfers, as 1t is too Tar south
oof he limits: was that Of BIZ qcres, comRrislng
VI tas straef. west Of Stony island boulevard.
The .' prce paid was 10000, and the purchase vas
made for use, Land has been bought tor manu-
featuring purposes ....z
As FAR SOUTH AS BIvERpALE
at s3s5 an acre Forty acres on tho West 1ndi-
ana railroad, In Sec Il, east Of the old Thornton
rosd have been bought for $e25 an acre, and
seyenteen and ope- half acres adjoining Tor f@5o
aa acre Park and boulevard acres ana LOIS
which cannot be seen to advantage till dccken g. IN
1be pleasing colors Of spring aud summer. The
hrh price Of building and the corner IN prlck
hare checked building, and with it the demand
9or inside property to improve. This is only
temporary, as the calls for bousfs ana me l1se
nj rents wilt compel the erection OF a large
auber Of houses 1hs n1 nEn
.es;3enee u property on which to build. Mr. John
r Lyou has purchased Judge Dtckeys loE
or MICHIGAN AVENUE,
hatxeen Congress and Van Rurcn streets, ad-
joining the one he bought some time ago. Busl-
ness property is changing hands to come extent,
as shown BY the sales reported below, but not as
freely as during the winter 4 great oeal oI un.
wonted secrecyis observed now about operations
in real estate. Buyers who have bought 70 sen
aran object to the publication Of the prices they
naId. Dealers have become conservative Tor
fear the :" boom" will be oyerdone and react 70
their disadvantage, and they wfthnola news ol
sales and, which is perhaps the principal cause
Of secrecy, numerous schemes are on TOOL Tn1cn
involve purchases from a number OF separate
owners Who would be warned by publication,
and would
RAISE THEIR PRICE.
The rise IN rents is steadily at work to put up
the valuations Of real estate It IS to be seen IN
dwelling, store, and office property alike, and
ranges from 10 to 6s per cent. according to paG;e
and circumstances. The pressure for houses Is
great in all the divisions of the city Some land
lords arc holding their tenemeuts OF the marker,
rs they feel certain Of getting higher prices ln
April Offices near the corner Of Madison and no
Dearborn that rented last year for $500, have
been leased at Il. 500 this year. Good othces
arc not plenty. The old Rice Building,
So ~ and o. rDeens nea[oosa piSa sea Who oi i
rcnoyating It with plate-glass windows an sle-
building Of the f1rst class. The increase in omce
Chamber of Commerce stock from $50 few
weeks ago to S''5 share, at which prace last
week sales were made.
William 4. Buffers sold yesterday az Iae 4e
by order of George IT, Prickett. adminlstfato1
Of the estate Of Frnnz Binz> deceased, the equtI2
ia lot southeast corner OF South NateI ~ aue
Dearborn streets, a0xS0. four-story brick build
lag, incumbered about $1,000, to l. u Jennings, ;
Esq, for Ss,a20. This property rents for s@,Ng
year. The equity in property, Homestead; t1 norta
fourth street, E;1lR. with building, tncumheret
about a4,0O, Ens sold to F. 4. Binz Tor $5.oV
The sale was well attended 4 large amount ol
wealth wss represented by those present
On the brewery removed by Tuesday, when tina
would so under the hammer.
Pierce Ware have sold eighty seres ID ma5o, 81,
slSooo: twenty acres in Rivedale. on Que
Hundred and Nineteenth street, in Secs 25, q
a. for $5.0Un or $50 per acre. This pr0pert.
vas offered for sale In last u HERE
Sec. 81, st.. II. S2,200; thirty acres IN scc
@,51, 13, $4,000; 1o0 feet. Cornell avenue, Ayd
psrk. $500; ls5 feet, jefferson Avenue. Aya
5000; house and lot l3 East Congress stree, @
sa.000; house and lot IL Latin street, $5,0U
lot southwest corner Latin and Congress streett
5000: lot, Latin street. between Latin ana ASH
land avenues. SLs0; and lot 50xE5, Jackso
street. near Latin, $500.
D. q. Storrs has sold 70 acres at Washlngto1
Heights for D. c. Bentar to William G. Reynold
for sACoo; Spores !n 3 Block : Stare e. 1emm ta e
REYNOLDS: two 5-acre blocks tn Lees snnd1Vas
ion, Fec. 20, 50, II. to 4. D. Philpot and ~ !
Darlington, for 500 and $as5 per acre, respec
lively.
%. y. Ballard sold the house md lot No.
fArk avenue for 5000
~ Ira Brown sold a house and three lots o. =
Grunge to Fred a. Allen for LOCO; three lot6 Z
tame place to Balla Blum for $500: and sx tot
at Desplaines to L. P. Creyies for 81 .2N.
IN THE SALES or THE WEEK
were ss1lso feet on ThrooP street: northwes nryx
kins street. between Polk and TAYLOR: s.. ~
80 North Halsted street, $500; 3s0 West lu
nana street, $500; 3x75, improved, On .e nea nea
Indiana, southeast corner of Elizabcth. So,vVI
aad Sacramento with 4sx15o feet on Fulton,
The same block. s33, ,750: 20xD on Ashland ave
@nue. @ north of Jackson, improved, S7';GO; 4ntu
slded third Of 5ax6o, improved, on Deasp9sl ~ No1
faa 81 Washnst9p eoiper IF twenty "
fourth street, 5000; 109xl5s On Cornell stree
south Of Chestnut, $3.50; eO01S44 on inro0 nH2
street south OF Twenty-secono, eloMo; ;n soAm ~
on { Clark street. north Of Harrison, $19. 4V; 81
~ 5M improved, on Indiana avenue sou1n
lh1rty-ninth street. 5000.
The seeiey Block, at the corner or Maatso
and Hoyne streets. will be sold at Adm1nls
Tators sole tomorrow at 2 o'clock at the lily
Hall door.
SATURDAYS TRAINERS.
The following instruments were d1ed 1or fec
ofd Saturday, March g.:
CITY PROPERTY.
The premises No. 532 and 574 West Lake q,
fs1xa ss,sa (F1ank Il: Chandler 70 John L: l.. 1as
T6e premises 10 S6 Giy 6ourn a1 dated March
~ and ! K Miehel 10 a 4 Willtans}isiiaa, }s:ia, ~
II Mss'sFe Fss = ~ dasy + # f. bf1ss sddsa so S
vtacx ~ Donnelil- Wv