, 1881-04-03
REAL ESTATE.
The Market Quiet, but Very
Strong.
a Boom in Acres Waiting on
the Weather.
Settlement Of 0ne Of the Obstacles to tho
Board Of Trade Removal.
Sales and Building Permits Of the Week
The Town Of Lake.


] THE GENERAL SITUATION,
Although real estate was quiet last wee
OIL account Of the condition of the street
anu the roads about the city, everything j.
Inc market indicated strength. The trans
ters reported every day were well scattered
and contained very few speculative trans
actions. Lots, unimproved and improved
are Ill demand in alt divisions of the city
Inquiries for central business pr0pertv ar
| not as frequent as they were, because thcr
IS almost none Of it to be had
oales OF acres are appearing more fire.
| Quenti5 Oh the records. Agents have :
good demand for this kind OF realty
ana Us soon as the weather allows it to b,
! visited great activity in acres will be seen
One OF the encouraging features OF the situa
t1on IS the almost complete absence of tht
speculative element. What is now bein.
done is solid.
SALES.
a J. Averell has sold for Edward 7
BROWN of Boston, 50 feet on Prairie avenue
near Twenty-ninth street, for $4,000 cash
tor James D. Sherman, of Milwaukee. II.
feet on State street, between Thirteenth and
Fourteenth streets, west front, 1or SIS, 800
frame house and Is feet of ground, No. 1915
Wabash avenue, east front, for 5000.
Mr. Averen has purchased. on his own ac~
count Of the Connecticut Mutual Lift-Insur.
ance Company 40xl09 feet OIL the southwest
corner O. WABASH avenue and Jackson street,
Tor So2,5 500, intending to improve it this sum
mer.
Mr.. B. Philpot has sold eighty acres near
oeventy-secoId street. between Enslewoott
and Grand Crossing, for $500 all acre.
F.: a; @ Bragg has sold 30 feet OH Prairie av-
seventh streets, for Sa0.. .50a foot, all advance
Of LOO per cent since July last. Mr.. Bragg.
has also sold No: 10 Lane place for So, 800.
an instance of the rapid rise Of values is
2iIGrded By TRACT Of 70 !44l 900 acres on the
the Northwestern Fertilizing Company.
This vas sold Dec. IS last for SS2oo, la, and
last week S40,@Ss cash was refused BY the
purchaser
The sixth public sale of the Chicago Real
2 o'clock. The cataios for this sale. enl-
braces good variety Of property, business,
residence, and suburban, both Improved and
nninproyed, that the managers believe will
oe found OH examination to be well selected,
and tho upset prices on which are really be-
low market values.
:. G.. P. Dore and William c. Fric1e report
the following sales for the week jnst'closed:
Two lots on tine corner of Wood and Superior
streets, TOR S33,ND: 2 lot in West Chicago :,v-
enue Park. for $3.50; house and lot on Lin
SLIGO; lot on Samuel street. near Chicago
avenue, for 800; se.cn lots in Fulertoll's
Second Addition to Chicago, near the Marsh
Harvester Works. at $3.50 each; and house
and an lot on Chatham street, near Division, for
i. S. Dreye1 & Co. sold 117x1oo feet, on the
northeast corner OF Hurlbut and Centre
streets, at S65 per foot: five thrce-story brick
houses are M to be built this spring on the
born avenue, near Goethe street, at 500 per
foot. 100x130, northwest corner of North
State and Goethe streets, ut $175 per foot;
50x109, OH Cass street, south Of Chestnut, for
s1l5 per foot, for immediate improvement;
25S15o, on La Sale street, neal, Goethe At
$l25 per foot; 25x10o, on North Clark street,
near Centre, at $l30 per foot; :0x10S. on Oak
wood street, near Lake-Shore Drive, at $50
per foot; 94x1o0, corner, State and Fifty
street, near Van Buren,, on priyate terms; G6
xs5 on southeast corner of State and Goethe
streets, on which Mr. r. Berger: of the firm
Of E. S. Dreyer & Co., will buitd his resi-
dence during this summer; and ten three
near Thirty-lirst street, to Washington Por-
ter, for $4,000.
Griffin Il Dwight. the West Side real estate
dealers, have sold during the month Of March,
Nos. 3ll and 3l3 West Randolph street for
50, 600, No. W. South HaIsted street for ST.
~, the southwest corner Of Indiana and
streets for S}0O0 Nos FOG and 70S
Centre avenue for 5000, three lots on
Iwelity-first street, near Leayitt- for ST.
:wo iots Oh Twentieth street, near Leayitt,
Rohey, for $3.50, five lots on Thirteenth
street, near Kobey, for S2,575 No. III South |
Green street for 1000, No. 49l Hubbard street |
;ar 81 go, lot on Armour street, near III
lndiana avenue, near Eighteenth street. for |
$500, No. SIG Congress street for Sl.500, lot !
IN Congress street, near Lno1nis, for SCI 4 !
DOT, No. 10 North Green street for $500,
50. 70 South Green street for s.. .090. No lis
irect for $500, 30. 706 Superior street r for
Il. 600, and No. 55 Elizabeth street for $5,7o0,
md report 4 large demand to buy The same
irm have made over 400 new leases for the
oming year. in their renting department.
The demand for houses Is greater than the
upp1y.
Griffin & Dwight report the inquiry to buy
cry large, and many more sales could be
made If owners would stick to their prices.
sents are active with !; lar.,t demand ct 10 to
) per cent advance on last Sssxser's rates.
IL THE SALES OF T1f WEEK
we're 37x177711@ feet, on Prairie avenue south |
t Thirtieth street, improved, o,G0o; S0xl5o
II Clinton. north OF West Lake, SlG,0;;G; >
cres oil Ashland avenue, southeast corner [
I Eighteenth, 4i,tW01 rs .tl0oXl:'o on Cllll~ |
III, improved, $1,000; ::,5xl50 OIL Lake. west
t Dearborn street, $4,000; 12oxlS0 OH
Iichlgan avenue, southwest corner of Jack
on, with the Gardner House, sea-
90; 3sSx1:D on Twenty-second, southeast
Iuron, east Of North State, improved, SIS
70: 59x134 10 on Twenty-slxt1, southwest
nrier of Stewart avenue, $1,000; oo2xlI3 OIL
forth Wells, north of Division, improved, |
5,4oo; rs acres on Oakley avenue: south
est corner Of Laug|,ton street, S7,t1o; l7G
.shland avenue, $500: q :2,s-16oxt70 on Wa
ash avenue, south of Twelfth street, si3,-
%; s acres on Fillmore street, northwest
ornier Of Francisco, S12,5oo: 25xl25, im-
roved, on Sangamon, north Of Fulton,
!, 900: 4oxl00 OIL Huron, east of North State,
:. 900: :3:3S::2,o0 TN Division, west Of North
7cIls, improved, s., 600; 27l5x124, improved.
n Warren avenue, east OF Lincoln street.
10, 600; 50S17S oil Prairie avenue. north of
wenty-ninth street: Sloooo; WXsG On
vision street, east Of State, $4,000; triangle
fS1-1;5,-2f IN, rc}1er avenue northeast cor