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December 7, 1928 WILMETTE LIFE $130,000.00 Fourt~en Hundred Main Street Building ·Evanston, Illinois FIRST MORTGAGE REAL EST ATE GO ·LD BONDS THE BU!LDING =. Of G?t~ic design will rank foremost among Evanston s beautiful butldmgs. Pressed brick and stone battleme~ted towers, timbered g~bles and walled garden·, present an unnvalled appearance. Beauty of design is the keynote through· out. In the modern mode, tile baths and fixtures, gas stoves, electrical refrigerators, kitchen sinks and mirrored cabinets will be in color. Canvased main walls and wood-burning fire· places, some with book shelves, lend an atmosphere of elegance. The eighteen apartments, community lounge and children's playroom will be reached through one lobby entrance and corridor ru.nning the length of the building. Ten garages attached will also open from the main floor corridor. Oil heat and incinerators complete the long list of desirable features offered. LOCATION: The Fourteen Hundred Main Street Building, Ev~ anston, Illinois, is located just two blocks west of Ridge Boule· vard on Main Street. It is the first of fine apartment buildings to locate in this established community of homes. In that sec· tion there is an active demand for accommodations such as this building will offer. The property is close to schools, parks and churches. Only a short walk to the east is the "downtown" Main Street section. Here are stores and businesses of every kind, a complete shopping center. Stations of all rapid transit services are located there: Northwestern steam road, North Shore electric and Chicago Elevated lines, as well as Evanston's street cars. Local busses, connecting with Chicago Motor coaches, pass the property. SECURITY: Land 1 oox 170, owned in fee, and 3 -story brick and stone apartment building to be constructed thereon: Appraisals: Land (W. L. Dormand, Evanston) .. . . $ 37·5oo.oo Building (F. D. Chase, Inc., Chicago) · · 18 2 ·7° 0 · 00 Total appraised valuation as of completion · · $ 220 · 200 · 00 · esumate · INCOME: $.25 ,ooo.oo is the conservat1ve o f t h e gross l j annual income of the property. OWNERSHIP: Bonds are signed by C. Fred Stewart. owner and builder. Mr. Stewart has successfully developed and owns several of Evanston's fine apartment buildings. A Chicago Ti!le and Trust Co. policy guarantees the bonds to be a direct first lien against the land and improvements. The proceeds from the loan are to be disbursed by John F. Hahn, Inc. They guarante·1 ., to the bondholders, the completion of the building -~ree from all prior liens. 15, 1935 15, I 936 15, 1937 15, I 938 MATURITIES: In annual serial install~ents as follows: $5 ,ooo-October 15, 193'1 $ 6,ooo--October s.ooo-October 15, I 93 2 6,ooo--0ctober 6,ooo-October 15, 19-33 6,ooo-October 6,ooo--October 15, 1934 90,ooo-October JOHN F. HAHN INCORPORATED. ESTABLISHED 1899 Real Estate - Investments - Insurance - Renting I 6 I 7 SHERMAN AVENUE EVANSTON, ILLINOIS GREENLEAF 2700 ROGERS PARK 5115