, 1881-10-09

panies will join the combination later
English capital las been SECURES
for the full development Of East Chicago
and it IS believed that not less than s., 000,
oo0 will be spent there altogether, includin;
the cost OF the Forsythe tract.
| SALES,
A. J. AyereIl has sold to Theresa MnlIers
55x114 feet on the northeast corner Of Quin
cy street and Fifth avenue for S55, 900. Thi!
lot was bought last February for $4,000.
| IL s. Everhart and F. a. Bragg have sole
10 feet OIL State street, 70 feet south Of liar
| mon court, west front, with 55-foot lot or
Harmon court, for S20, 600.
| 4 transaction which illustrates the recent
| rapid rise III values on the South Side i
| the sale by Mr.. Arthur ". Windett, Of the
Grand Trunk Railway, OF forty lots in hi
Subdivision near the Stock Yards, fol
26,250, ut the rate Of $3.50 lot. 4 special
| consideration in this transaction was the es-
tablishment by the Company of a passenger
! Station at Centre avenue, thu affordine
! cheap and superior facilities for access to the
| city.
| Richard S. Reynolds has bought of John
! 3. Maliers the building at the southeast cor
her Of Lake street and Fifth avenue, with
| lot 40$3xS0, and the leaseho1d interest iu 5Ax
~ feet nd Joining, for Sll0,000.
The three recent auction sales through the
Chicago KeaEEstate Exchange have given
considerable tone to reat-estate yalues.notabIy
in Hyde Park and the southern section OF the
city. 1t seems almost Inevitable that the
great lihe of handsome improvements in the
way OF dwellings must extend to the south
ward, east Of State street, and between that
street and the lake shore, and in this section
should one look tor the great increase Of val
ues to be brought about by the growth OF
population and wealth in this city. The great
manufacturing interests springing up OIL the
Calumet at South Chicago and Pullman, and
ut Cornell or Gran1 Crossing, marx the
southern boundary OF the fine residence
quarter. and as one advances further north
into the city the tract is materially narrowed
down, until at Sixteenth street only one
avenue is desirable for residence purposes.
Between Sixteenth and Twenty-second
streets are the greatest values for. resi-
dence property in the citJ, aud as the lots
Obliged to go further south. The greatest
impulse has been felt between Thirty-first
and Thirty-1ifth streets on Michigan boule-
yard, where very handsome dwellings have
been erected. Calumet avenue was next to
feel tue effect Of the rise, and property, in
stead of going a-begging at $50 to $50 front
foot, is now we'll up to Sl00 in the vicinity Of
Thirty third street. South Park avenue is
decidedly firner. and the avenues nearer the
lake shore and the rapid transit trains Of the
Sought after at advancing rates. Cash auc-
ton prices show Vernon and Rhodes ave-
nue. lnslde lots viii bring $50 front foot,
while corners SO to S75. between Thirty-first
ever, look very cheap when compared' with
a quotation made at the auction sale
at Kenwood. near Forty-seyenth street,
on Hyde Park avenue, west fronts, deep
lots. running back to the railroad, at $3.50
per front foot, while on Forty-seventh street,
west Of Cottage Grove avenue, u fifty-foot
lot on the corner of Evans avenue sold at Si3 SS43
a front foot, and one on the corner OF Cham
plain avenue at SSSSs. 80 Considering the dis
tance from The railroad these last were ex-
ceptfonally good prices realized Additional
outdoor sales at auction will soon be an
nounced, and they will be run we'll into NJ
ve1nber this season, as this mode of selling
real estate is gaining daily i'll popularity.
OF Sciences were sold last week at auction
under foreclosure decree. The purchases
we're the guafant0rs Of the debt for what it
was IS sold dG, aud their bid was the amount due
c. p. Dose and William c. Fricke report
the following sales: The southwest corner of
Chicago avenue and Wood street, 5oxlzi feet,
for $500 cash; house and lot on De Kalb
street. near Flournoy, for S, 200; lot Oh West
Chicago Avenue, near Wood street, for 81, 100;
corner Of West Chicago avenue and Ruulsey |
street, 42xl1S feet, for s., 600; and house and |
LOT On Sheffield avenue, near Centre street, |
Tor E1.SlU.
r. ", Tanslll has purchased 20 feet of |
ground OH Dearborn avenue, north OF Oak I
street, east front, adjoining George Dun1ap's |
fine residence, for $500. Ten feet of same |
lot adjoining Mr.. Ferry's lot was bought by |
him for A,0O0. These are the highest fig- |
slres yet reached for this property. We un-
derstand Mr.. Tansill proposes to build u fine
residence.
John Il. OhterEing sold for Edwin May
tlard house and lot No. Is Fay street, for
W. F1S Il Z
lot in Wicker PARK, $3.50; for Eva Saur,
cottage and lot sis Efston avenue, S1,700;
for A. Mcnamara, lot on milwaukee, ny
enue, near Robey street., 81 500; for 4. Mel
son, lot on North lobe,. street. 500; and to
George Eng!elardt cottage and lot No; 1s
glewood to L. G. Wright for 1000.
Larkin s. Dorr have sold at Humboldt
Park one house and lot for 81, ,250, one house
md lot for $1,000, and three lots for 81 400;
it Garfield, one house and lot, house to be
3uilt4 81 400: six lots for 81 .150.
In the sales of the week were: 1.330xI20
Get on Forty-nintil, southeast corner of
centre avenue, $3.50; 144x10o OIL Erie,
90 OIL Michigan street, west Of North Mar
Set, $50; GG feet to river On Ashland ave-
lue, south Of Thirty-tirst- $3.50; 50xl20 oil
Vest Jas 'Or1. east Of L0olnis. $1,000; 24x15l.
ox1s15l on Prairie avenue, between Tween
y-scventh and Tweitty-eigiltl1, 5000; 50x
~ 7-10 on Michigan avenue, North of Thlr-
y-iifth,. $4,000: 20xl1o. on North Clark,
outh Of Chicago avenue, S13, 600; 90xlG0 on
Iarket, north Of Randolph. $4,000;
5xl00 on South ualsted. south Of Eight
eth, S6,50o; 27x13, improved. on Leayltr
treeth, south 0f Polk, $500; Is feet on ! j
Iaple street $500; l0ox1D on Park place,
outh Of Fifty-tirst, $1,000; IS 7-10xl4 on
Vest Washington, southeast corner Of Oak
y, $1,000; 40x125 on Throop street. near
congress, S7,15O; 50x16s On North Wells,
outheast corner of Schiller, 500; 50xl00
Il Twenty-sixth, west Of South Park avenue,
s, 600; a4x1a332zz on State, south OF Thirty
3urth, improved, 5000: 20x1GS on State,
3uth Of Eighteenth, 81, 600.
The large amount of transfers that went on ! ]
acord in the Henry Graves tract, covering ! t
roperty on South Park. Vernon, and Rhodes !
venues and Thirty-second street, sold at the
uction sale Of the Chicago Real-Estate Ex-
lange on Sept. 29, were duplicated in some
lstances in order to arrange the title salts