, 1881-05-15

and ST. Lawrence avenue, all cash (wlli bt
i1nproved), for 1850; for 6: 7. Claris, o.
| III, OH Harrison street, between Latlin a1lc
Loolnis, for 81, 400; for D. A. May, half oi
| furniture and fixtures in Eurdick House tt
Newman Bros, =, 600; for J. E. pfinsston
| Brailwood. ILL.,, 2i0.acre farm, with stock,
| to J. II. Harvey, for SG.500. =
4 partition has just been made OF what re-
| manned undivided of the great De Koycn cs.:
tate. The property now to be apportioned
among the heirs comprises 10 acres ut 1tog-
| ers Park, OH the lake shore, and eighty acres
adjoining Central Park on the south III the
| West Division. The DE Koven estate, when
| ii first came under the management Of Afr.
John dc koye,, Of this city,. included G'0
acres naw IN u, the o heart Of the, the IoWn t,
caso, the block between Van Buren,
! anu Jackson OH Clark street, the block
where the new Board of Trade is to he To-
gated, anu Il great deal of property on the
Koven in ISIS throti.i. Mr. Elijah K. Hub
bard. Does compound interest beat such
Chicago real estate?
There seems to be some ground to believe
that the valuable property fronting on Drex-
ei uon!eyarI, Hyde Park avenue, Ellis aye
nuc, and Forty-thiru street, running from
Cnttage Grove avenue to tile Illinois Central
Railroad track, will be. put OIL tie market
s aa " that ' it @ soud d be eets soa Rpoat not u IL
large blocks to u few rich specnlators,
but In small lots to The multitude
who will put on improvements and change
Its present desolate appearance TO Il bcau1i-
Boardot tounty Commissioners have Under
considyratnn i proposition from tho Chicago
Ietl Estatc Exchange nlld Call Board to
dispose Of the Property by 4 grand public
sale. = very prominent .auctfoneer, who
sales lor over twenty, years, Is connected
with the move. 1t will BE- arranged that the
county will get all casl, from the sale, but
that purchasers will have tic advantage Of
buying OH tine. if 80 desired, as Il firm of
to advance the necessary funds for that pur-
pose. One very interesting feature of this
plan will ba the opportunity to buy
:.E.l a!ld sell this propcrty for sixty days
ut the Real Estate Exchange. When the
original sale takes place ~ per cent uf tie
purchase money, will be paid down. and IL
certificate issued by the Trustees Of the Call
Board, the balance being payable within six
ty days. These certificates will be transfer
ab!e, ;el:d may be suld over and over again
during tile sixty days they are alive. THE
Call Board offers unusual facilities fur these
transactions in its weekly public calls ut the
Exc!'lnye. It seems quite certain the Couu-
t. Eoartl cannot have i tairtr way Of dispps-
ing Of this property and that the principle is
4 correct business one to put tie pIopcrtyluto
the ha,uis OF agents, whn will have a strong
stimulus to push sale to Il successful rt-
suit. anu thereby benefit the county mare |
than any effort Of Il county official paid for |
other duties.
In conversation with 4 TRIBUNE reporter, t
Col. Ellison, Of Ellison, Flers!lcitn i Co.,
strongly opposed lis: ini iutliciutls any otilor
way OF disposns Of tho Reforms School prop t
erty than BY !: public auction sale Oh tic |
ground under the auspices ut some lirst-rI;tss
auctioneer. BY taking the bidder to the
ground. the beauty Of the situation and
is accessibility would make it sell
tsef. Competition would be spir-
ted, and much better prices would
y secured tll:ln in any other way. Tile best
inc for tic salc, Col. Ellison thought. would
'e i'll June, when the leaves had lender
sreen anu young married men lightly turned
0 thoughts OF lots.