, 1881-02-13


o1xty doNars q foot has been offered for
Park Hotel site.
As an instance Of the appreciation of val
tons that the thirty acres in South Chicago
to be sold by him next Wednesday at 81 100
an acre, If no more is offered, were worth q
year or two ago but 500 ait acre.
IN THE SALES OF THE WEEK
were 263 feet running to river on Grove street,
southwest corner Of Nineteenth, S55, GOO; 55x
Us feet On Ftth ayenae' nort3east corner Of
east Of Beech, Sis, 600; 24x100, improved, on
Canal street, northwest corner Of Twelfth,
81, geo; 1o0xS7eS on Prairie avenue, north
east corner of Twenty-third, improved. S25,-
o0o; 81, ss, IS, 81 East Sixteenth. SIS. 5.ooo; 5ox
T@e:il,tyeiirst, :l sa5,ooo; a. fxi5G on Clark
/ in % rear - an 'd:; Madison u" Of 80 20
feet, with the building known as the Golden
Eagle Clothing Store, $l4o, ,o9o: seventeen lots
and : Of Outlott a, Wrlghtwood, $4,000;
1OO11x10O feet on West Twelfth, southeast
corner of Brown, $500; lSsxl35 feet On
Durling street, northeast corner Of Webster
Beach, ss,s35; triangle Of l41xi4i on North
Halsted, southeast corner Of Clybourn ave
nue, s1l, 700; Lots 81 and 81, Brighton, S12.-
500; 34xilo, improved, on Superior, on Mil
Wankee avenue, east Of kueker street,
g west xloP Gaks On zsax; $ st5sSi sSisl north oh
Indiana avenue, south .0f Fourteentll,
$500. Charles II. Curtis has sold to Eliza
beth A. Bournique the lot OH Twenty-tlirl
street, 100 feet east Of Prairie avenue. north
has sold to lie PittsburE, Fort Wayne y
Chicago Road the lot OH West Polk street,
southwest corner Of Beach street, undivided
one-half Of 16A feet, south to Forquer street.
also from Taylor TO De koyen street. for
Railroad has sold to the Pittsbure, Fort
Wayne & Chicago Road the lot OIL Harrison
street, 2::4 feet east of Canal street, north
front, undivided one-half OF 50 feet running
south to within point or ~ teet OF the
for S37,525 B. P. Hutchinson has sold to 4.
E. and S. A. Kent the lot OIL Van Buren,
street, 100 feet west of Fifth avenue, south
front, So 5>12xSG feet, fur SIS, 900:
A party. Of capitalists recently started out out
Texas. they visited Chicago, and number
Of them have concluded TO 20 no further
West than this city for the Investment OF
their money in land. ..... :;
4 sale of the buildings and improvements
standing OH the line Of the
OPENING OF NORTH FRANKLIN,
from North avenue to Menonlonee streets,
Works on Tuesday, Feb. 81. The list is as
follows: No. 81 Menomonee street, on Sub
lot T. north alf ef hot r. N"rth s{1c Adlton on
Sublot 20, north half Of Lot Il, North Al
street, on Sub1ot 81, north half Of Lot
Il, North Addition to Chicago; No. 81 :Tell
court on sublot l. southwest auSEter q 9f s'i hot
North Addition to Chicago: Moss Tell court,
on SuDlot 20. and part Of Lots + and II,
North Addition to Chicago; 20. 81 + TEL court
%ori& e SnDoi Ada4on it a cesso Res % rei
North avenue, OIL Sublot ii, Lots . t, =,
North Addition to Chicago; No. 395 North
avenue, OIL Suolot l, Lots 2G to 2, North Ad-
dtion 10 cisago Tear q Sf NS a1tS @ Sof ID
uitjon to Chicago; No. 10 Starr street, OIL
cast seven feet Of Sublot Il, Lots % to 81,
North Addition to Chicago; No: II Starr
street, ON Sublot Il, Lots ~ to 81. North Ad-
property will be made for cash, subject to
the approval of the Commissioner Of PUBLIC
Works. The buildings are to be removed
within sixty. days from the date Ut sale.
Some Interesting figures It's to values OF
ACRE TRACTS On THE. WEST SIDE
before the panic and now are given by the
Retll Estate and B,tilding Journal. Forty
acres west Of ke.lzie avenue, lying south OF
Twelfth street, sold in 1869 at $500 per acre.
1t sold III 1878 at from S4,500 to $500 per
acre, and is now. worth 80 per cent more.
Lying north of Central Park and west Of
Central boulevard, lit II, 80, IS, are five acres
which sold in 1860 at $500 per acre; later. in
the same year, at 81. $50. and again IN ISL
at $500 per acre. Fifteen acres IN the
same qnsrtasr section sod m n .1S 1SG9 at lo n
It is worth 5000 now.
4 tract in the northwest quarter Of this
same section sold in 1863 at 81 600 per acre,
again in 1871 at'So,ooo, and is now held at
In October, 1865. fifteen acres in the north
east quarter OF II, 80, l2, sold for $1,000 to-
tai. Seven acres Of this fifteen sold in 1871 for
$1,000. By the way lots were sold the land
has shown 4 value Of $4,000 per acre.
boawS wefy N 3 ar sod IN Sfos fos
S6s, 600, and is now held ut Sl0o000
Il, ls69 Judge Il. W. Blodgett bought
twenty acres on the boulevard for S12, coo,
was afterwards sold for SEQ, 600, and it is now
Over fifty acres fronting on Central Park
sold ten years ago at 81, 900 per acre. In the
following year it brought $1,000 per acre,
and is now worth double that amount. A
tract adjoining the, above, brought o$$, 5000
per acre in 1870, and Is now held at s9'ooo per
acre. :;
The southeastquarter Of Sec. IS, 80, 13. sold
in 1860 at 81 600 per acre. Its value will now
average 5000 per acre.
4 tract ef forty s acres fro df9gontins on Harrison
worth $1,000 per acre.
At the northeast corner of Humboldt Park
lie 100 acres, which sold in February, 1872,
for S14, 900, in 1875 for S35, ,000 and its pres
ent value is from sec, 900 to S7D,0D0.
The subdivision made i'll 1860 by l.. Il.
Pierce Of eighty acres, being pierce's Adtli-
ton to Holstein, sold in 1850 for 1000.
Within few years 900 per acre, or Slg0,
600, was refused. Its value now is immense
ly greater than that. Mr.. Pierce owned, for
thirty years previous to 1872, quarter sec
tion in Sec. IS, 10, Il. lie paid $500 for the en-
tire piece. OF course the increase has been
fabulous. 1t would bring an average price Of
$1,000 per acre. In other words. its value has
i'll forty years become one Thousand tunes
greater than the original purchase money.
Sixty acres, with two fronts Oh Humboldt
Park. sold in 1860 for 81 600 per acre, is now
worth $1,000 to $1,000 per acre.
L portion of 100 acres in Sec: ], S9 l3, sold
in 1865 at price which would bring the aver
age value about,to 81, coo per acre. In 1875 it
was valued at So, 600 per acre, and the subai-
visions opened UP in it are now worth from
SEQ to $40 per foot.
The controversy between the city and the
railroads rs to who shall keep the vladucts
III repair brings forward some astounding
ILLUSTRATIONS OF THE GROWTH
Of the city. The principal roads now CEN
tering in this city, they say, were built at
time when Chicago was but z small town.
At that time it was believed. that they were
far enough away from the business centre
not to Inconvenience the traffic =, on the