, 1881-08-07
The Improvement Of Michigan
Avenue and Of State
Street.
The Auction Sale Of Real Estate
at Normal Park Yes
terday.
Rage for Apartment Houses-1he Fire
Ordinance Not Iampered
With.
Watering-Places Needed Near Chi
cago-The Belt Lines-Duild-
ing Notes,

AlE NAlE9t
AN ACTIVE MARKET.
AS general business for the season is Nn-
usually active, SO the market for real estate
. Is steadily progressing to better rates and
larger volume. The sales, however, as
shown BY the daily records of deeds, ART just
now mainly for smaller residence lots and
outside acre property. Most of the central
business property that could bc had has been
picked up, or Is held by strong, owners who
know its appreciating values, aud hence have
no disposition to sell. They ask. What
could l do with my money or how could l
invest it where it would pay lie as we'll as it
does now?' Saying nothing Of rentals for
business and residence property, the rise i'll
real estate for the past year has paid good
1nterest,-in some cases all enormous profit
Parties with money 10 invest art here
from every direction. and even Manitoba Las
been represented within a few days. These
men from the Northwest know practically
the extent and the resources OF the vast
they are assured that NJ other city can offer
such profitable investments. The fair btisi-
ness now doing i'll spite Of the occasional DIT
pressing heats OF August gives assurance of
great activity i few weeks hence. Unless
some un1ooktt1-for calamity Details the coun-
try these expectations. entertained alike by
buyers and sellers, will surely be realized.
MICHIGAN AVENUE BOULEVARD.
The Park Commissioners have large force
at work OH Michigan avenue between
Twelfth and Twenty=second streets. The
fine sidewalks are completed for much
more than half the distance Large
numbers Of men and teams are at work, some
digging out the surface and others filling iii
.toI
iron and steel works preparatory to putting
down the top dressing. Of the several blocks
put down last year as test u the different
kinds Of pavement offered To the Commission
crs only one, paved by the Chicago Pave
ment Company. south Of twentieth street, is
to be left, all the others proving rnsatisfac-
tory. The material used by this company is
rock from the f,ltllminous limestone quarry
OIL the West Side, ground nr fine. and when
mixed with asphalt made into bricks. under
great pressure. This block pavement ap-
pears remarkably vel: All! it should be given
fair and further trial. The strong force tile
commissioners have On the work gives
promise that II not caught by all early Will
ter it will he completed the present season
between Twelfth street and the Grand boule-
ward.
THE NORMAL PARK SALE.
Yesterday afternoon the widely-annonnced
sale Of Normal Park was held on tile
grounds. With the one exception of the
prices obtained, it was in every respect
marked success. The day was delightful,
the attendance large. anu the number Of lots
upon which bids were submitted exceeded
the expectations OF the managers. ILL
mediat+iv nnon the arrival of tha poc,,
1sIa,,d s,.,,;>,t .1a., ~ ~ ~ ,."en
Asla'u a. a''' "''i.'a ''ooe'' t" u's' alae'u'iiee
something over lou prospective buyers, tie
auctioneer, Mr.. ". \. Buffers. announced
= ]t,af rcF- In F.u IL
1nts In i,1,cl AfI.r ria s,,o ~ n,,;,l, -
.s....,4a H - A., sns 7,l'. , ~ au41s
n""oeA VI '0o e1'o'cts1 1ols a1 pf!ces
ranging from SIG (the upset price, /
annarant that there was a t1iTarenco of t
opinion between he b,,yeys at tie saIe md nd
the owner of the uro,rT,y in regard to The |
fooe u,e no, to See' MIG 10 eet WIN Seral
as tna saIe hr"ar In 1nrl, sn;rit Mcssrs
Turner i Bond announced nc @ 7t't' tllat the lois
e c"nsidere hindnss i, se ,i,ss I. pa. Moa'a
rente hv te nwmeI u'tiGs1 I5onpnor III III r.
ling became very active, and within IA very 9.,
ts sst we're sold at rnfes gr caa c1 fod
nv tha iin;. nr;us: ~ ,,t., w. ~ ~ 49,, ."ue LII
@ sydeniv G t av tli hso m ne s'slIG ui, ic, edn nr
:iu,e had rot the agents Gent l,d Ordered 'Gus lie |
nfers Ind hern shmitt on so s, Is rol. te', ] ,,,e
Sr If nts @ that IL ,asn ffev vi Hcr so .Se :ea ,
t'1riyine n.;ohhnrHood wnuin ~ o,1ca 10 q
Started las m0st ot The bidders were hryjnS
Fnr homns1 and that tf,a owner >,-ni,ll ,,r.fn7
fn hnId thc rI1,3iudrr fnr tha ,iso ',.l,;nL
o'5d r Fti,n., at, III t a!se "lii1l
WuMlu ecttst 4"'4o" 1aue! tli!i collslNel
luIlef oHtIs ~ 1css tIah Inc limit price.
Al we're dellEh1ed with the great beauty Of
ised, was oper and fair and all were fully
sa1sueo Mltn tnelI treatment. lHe total
he ,na,t as,,r%.us tha',e.i,os n
couragcd. and SAY that if the bids snlmittrd
are accepted the impetus given the park will
enable them to close out The remaining lots
~ i'o p1i'Ea.S say M ~ eIta'ly ;s snnanced prices
Kiocl 1nlAItni - ''' Ew;nr =, ing -; f,o+. II
11nl,hard II. = Fapa,, i'm. r. r ioci
- 4uoei - -, -. ne-Ct!: ~" ". y DIch-