, 1881-04-24
Weakening in Rents, Especially TOR
Houses, in Chicago and New
York.
Progress Of tlc Belt Eai!raad--TEc Burlington
Car iortS at NaWtharae-Ihe Western
Indiana and tAe ki,er.

Heal estate, though without 4 trace of
speculative activity, was firm last week.
Transactions, as measured BY the daily rec
ord OF transfers, are well kept up Good
buyers are in the market for desirable prop
cry, and the number OF purchasers for small
lots appears tO be Increasing.
1t1:,i-.state values III MOnroe street will re-
ccly,. stimulus fruM the terms Of the Lease
made last week fnr the site Of llayerly's
New theatre. The lot chosen is nnc belong
ing to J. NJ. Atsit, mi Monroe street, opposlt
the present unvcrly theatre, and next TO
tile corner black it's 7ox1sHl:::, anu is lrascd
for $500 year for tel years. then upon 4 .
der cent valuation fur the next ten Years, t;le
ytut to TT ll,.yerieSS than SS05on Year. ana Tor
the nsNt ten years ON 7 > per cent 'alil;l-
tiol, with the sane stipulation rs to tile fii-
in1um If :.S.01l 1T other words, tor thirty
years the total REM IL be paid will BE- at least
;s,j, tu0 t,et. at THE lessee is to .pay all taXes
;stu charges. The lease WAS nittc 10 ALI.
John Il. Carson, General Manager Of the
Hannibal Il ST. Joe Railway. who is the e:tl-
it:llisl behind Mr.. layerly in his new eiltrE-
prise. Mr.. llavtrly was represented by Mr.
Henry l.. EveFilart. The theatre will be the
finest thing Of tlN: kind in this country, and
will i,e dune Sept. I.
The most Important negotialIon3 , .: the
week is the sale. Virtually c,'Ecluded, though
the papers have not formally passed. of the
northeast corner If Nao;lsi. ;lyc.ille aud
Adams street by the CONNECTICUT Mutual
Litc-lnsur1nce Company to Mr.. Martin ltycr-
son. The lot is 1GxlSO. and the price paid. is
500. .GD lor the whole. Mr.. ltyeyson .pur-
chased, short tiluc ago. the forty
feet adjoining OIL the north, a1ld
it is understood to be his ln:e.i-
tion to erect i handsome business building.
llUx1eo, on this corner. This negotiation
was conducted by lstiam Il Prentice. The
improvement Of the northeast corner OF
Adams street by Mr.. Ryerson and Ut the
southwest corner nf Jackson by Mr. \: j..
4Averiil willtiIl Wabash avenue down to Van
Buren, street.
Isliam L. Prentice nave sold to Mr.. L. I.
Norris the old Wicker proptrtr, OIL the cur
ner OF Michigan ays.1:le a1ld Park row, for
So. QUO. The lot has Il frontage ot l21 feet on
Michigan avellue and 80 feet OIL Park row.
In 1910 the lot on which the AtheEem
Building now stands was sold by Mr.. Henry
S. Everhart to Daniel Wells, Of AIilwaukee,
for &c. O00 The improvement cost 1000.
Mr.. Everhart last week offered Alr. Wells
check Of Slo0oo0 for the property, anu the
Mr.. Edwin Walker, solicitor Of the St.
Paul Road, has bought fifty feet on Michigan
avenue. below Twenty-sixtl street, nearly
oppusit Trinity Church. ut $3.50 foot He
will build u residence for himself:
1sllam L. Prentice have sold fifty, feet OIL
Indiana avenue, with brick house, between
Sixteenth and Eighteenth streets, for So., $50.
Mr. John B. Mayo has bought Of Georgo
H. NeWi,all the marbie-front house 2233l2 Cnl-
umet avenue, with lot 25 By l5o, for $1,000
cash.
IF. Head sold for Rodney Dennis the
house No. lllG Forty-tirst street to Josiah II.
Fleming for $500; for John d. Parker to
Mary A. Warren. house 20. l1C3 DoWen ave
nue. for $4,000: for viii l.. Davis to John II.
Gibson, lot on Evans ayenne, east front, hear
Forty-second street, for S:'35:
f. S. Dreyer t. Co. sold for Joseph T.
Scharden, of San Francisco, Cal. 1o o. q.
OstEon, of this city, :'0oSl0t feet AT the north
west corner Of Clark and Wisconsin Streets
residences will be erected OIL tlis property
this summer by the purchaser. They also
sold l00xSD feet OIL the northeast corner of
Dearborn avenue and lilitois street for Sl2,-
500. Five t!lree-story pressed brick buildings
They also solu 3333l5xl5o fcet on North State
street, with three-story nlarble-front resi-
tlence, 14U feet south of Goethe street. west
front, for $. ;D five lots on State street, near
Fifty-secolltl street at $500 each; and siN lots
each.
G. r. Dose and William G. Fricke report the
following sales: The premises on the south
west corner Of Seu ugwick md O'Connor
streets, fur $4,000; 2 LOT on Milwaukee aye- M
five lots III West Chicago Avenuc Park, OH
West Superior street. at Si;j each and three
lots in the vicinity of Fullerton and ely
bourn avenues 1T $50 each.
During the past week the following sales
4 frame house. east front, on Washington
avenue, between Fiftiettl and Fifty-tirst
streets. fifty feet gronnd. was sold for $500.
John u. Clark las purchased l0o lret on the
corner of Washington ayei,te and Fifty-lirst
street.. He proposes to erect large resi-
JOHN Baldwin purchased from G. S. Insra-
ham 4 frame house 0n Washington avenue,
west front, south Of Flfty-ilfth street, $50 feet
front, on Washington avenue. and Ii 100 feet
front on Jefferson avenue, for S15,500.
II. r. Hobart sold to the Catholic Bishop
lot on Oakwoods boulevard. north frnnt, be-
tween Langley and Vincennes avenues, at
SIS per foot. ..
on jefferson avenue. north Of Fifty-thlrd
street. west 'front.' for $4,000 cash.
j. c. McGill d Co. have made the follow
ing saies: uu11Se M. 70 Ilonort street and
81 foot 1ut. S4.500; house and lot No. ~;
10. 40 Park avenue, Sl.o5N; house and large
lot at Enspwopd, on Wentworth avenue.
near Fifty-tigllti street. S3.1E)o; vacant lot.
50 feet front on Tiir1y-tlth street, near the
Douglas Monument, s.. zoo.
Thcre is a decided boou, in Market street
property. MIR. Conrad Setpp has been offered
and has refused sl73.000 for his !ot ls)xls1
feet OF, the southeast corner of Market and
Randolph streets. It cost him SI:e'O00 last
fall. Judge Freer has BEEN urged to put Il
price OH Iii, Market street property ut the
corner Ut Washington street, but III. refuses
to sell, believing it to he a good thing to hold
on to.
In the sales Of the week were 10lx13o on
Norl, State, northwest corner of Goethe,
$1,000; 4'N)S:3A4 oil ShutIl L3onlis, south nf
Twenty-seceud. TO Simpsons Canal, ST.. .00O;
::;0xl0t' improved. on Nicl.'aal,-av, southeast
corner If Twentieth, S2l. .10J; Gs:; acres on
Lincoln. southeast carrier Of West Eight
ecmth, s:3o,Ooo: GoxlA9 oil Dearborn avenue.
uortl, nf Schiller, Improved. $1,000; :axl31
on Carpenter, south Ut West Lake, Sa.oou;
2ix1so. inm"ved. On, Prairie avcnme,
improved i', os on cI5 r'"e, nor'h Of I'LL H.
S?.::;Go; 27?s5xl7' on Indiana avenue. north OF
$3541; .'ox:s, improved. on
iroveland Park avenue. nor;h OF Thirty |
first, $500: 2:Sla5. nl Warren avenue, east !
tf Isobry. $'.:hD: 331X1GoliS, OH Wabash ave
nue, north OF Tiliriy-sixtll, 5000: ..1S!n -
proved. on South tlaIstet, south If Sixteenth,
s., 800; :5x1!:5, improved, Gil Milwaukee, ave |
nlle, south OF Snblr, SG,UJu; :3lyla, Oh West |
Hfup oF vi t(..1.