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Desember 7, -1928 WILMETTE LIFE J. J. Bo:vlson Plans ] ohn J. Boylson, of the A~cade Steam Heating company, Chicago, is preparing plans for a new residence which he expects to build at the northwest corner of High street and Meadow road, Winnetka. Two other new residences, one of which is being built by Earl D. Boorman, of Evanston, are near'ing completion in the middle of the block on High street, between Winnetka avenue and Meadow road. The Drake Construction company is erecting both of them. There is said to be only one more available lot in this immediate section, and that is being held at $6,250, a figure most significant in demonstrating the rapid growth in valuation of property here in the past five years. P. I. Johansen recalls that when he put the lots on Meadow road in the Rolland D. Whitman tract on the market five y~ars ago, the~ , sold for $2850 to $2900. · New Residence on Winnetka ·corner Do You KnowT,HAT radio has made possible in 1 only a few years the erection of a new Chicago suburban residence which when completed will have cost between ~SO,~ . and. $:4()0,~.. The man who ts bUtldmg tt ts Wtlltam C. Grunow. . . . T~e restd~nce of Mr. Grunow, who ts vtce prestdent and treasurer of tl'e Grigsby-Grunow company, radio manufacturers, will be of English arcltitecture and will occupy landscapt!,I grounds 400xl85 feet. The home will contain nineteen rooms and will hav~ all sorts of features. In the basement of the new home . will be found two· full sized b ow1mg alleys,· social room, 40x24 feet, wtth hand hewn beamed ceiling; a children's play ·room and showers and dre.;sing rooms. On the first floor one will enter through a two story reception hall. Going to the ·second flour, there wilt be six bedrooms, with fonr baths. The master bath will be 14x16 feet, of orange and black marble. All fixtures will be of black and-gold. The third floor will consist of a four room apartment for the use of the maids. The grounds will be beautifully landscaped, with ·sunken pools, rocker:es and minature water falls enhanchg the picturesque effeCt. · A garahe and · stable ·witt be combined. That a corner in Chicago's loa? which was sold for $250,000 just twenty-seven years ago was leased a few days _ ago at a figure_which gives it a valuation of $2,305,000. This was the southeast corner of State and Lake streets. In 1901 Edgar M. Snow who was broker in a deal on thi5 site in 1901 negotiated a sale \lf the fee at $250,000. Now Sol H . Goldberg has leased the property for ninety-nine years at an average rental ot $115,00Q, which, figured on a 5 per cent basis, establishes a valuation of $2,305,000.· · . . "In 1901 we sold the \:Or~er t_ o ~tlham E. Hale for $250,00tJ, the :;eJlcr, Rpbert . C. Burton, takm~ back a mnety-mne year. lea.sc at $10,000 _ annual rental, whtch ts 4 per cent . on $25V,WO. · Chicago R.-E-.-IJUllrd: M F E h ay orm XC ante; N tw york Opens One Chicago Realtors ever watchful of what their brethern· in New York are doing now have thei~ eyes focused on the success or failure of a new project launched in Gotham. · This ·project is the establishment of an exchange to list and ·sell reaJ estate securities. The exchange was organized to make real estate securities more marketable and to provide machinery for investigating real estate securities to separate the good from the bad. George F. Nixon; president ·of the Chicago Real Estate bo~rd, has a ppointe5l Mark Levy of the ·firm of Mark Levy & Brother to head a com-· mittee which watch the New York · board's experiment-the idea bemg to establish a local exchange should such . an enterprise be found warranted. -Mr. Levy reports that his . studies are proceeding favorably and that he expects to have something definite to report within a month or so. He foresees the possibility- of --a real est!lte securities exchange - here· ·operatmg along the lines of the regular stock exchanges. t CAMPAIGN TO AID N. 0. A wider percentage of home ownership f9r New Orleans and modernization of New Orleans residences so as to increase the valuatien of the city's residential real estate are the objects a twelve-months campaign \yhich of · . has · just been launched by the New Orleans Real Estate Board. -- · That Monroe Harrison, president of Harrison's 0 range - H uts, I nc., announces that his concern contemplates . hmen t s durmg · adding 200 more establts the next -two years to his chain which now covers seven cities in the middle. west. One hundred will occupy space in various buildings already erected. The balance will be model huts to be erected on vacant land by owners from pla~s by the company whi~h will lease them for long term periods. will For your La~nand R~v@lation A in .de:luxei Garden ·Lawn · Seats· Service · 'i ,7!!' · .,..,.. .. ..,.-. Stepping Stones ., Sun Dials ·Lily Pools ., Dri.tJeways Retaining Walls ··· aU of these are things that you can· make- many of them during winter months in the home basement.· Working with concrete-- the stone you can mold- is fascinating. Your skill and ingenuity may enbaDce the beauty and value of your property · Here's a book which tells how. H you don't want to do the work yourself, it will help you plan. It's fft.:e--j~t fill in and mail the coupon. GOlDEN STATE , ·;' LIMITED TO ·... ·· .. Co/iforniti tri_p-and all previous ideas o£ superlative ONE travel luxury are diacarded. In according special care and attention to each individual. traveler, the Golden State Limited sets a new·a nd higher standard o£ service for-every traveler. From Chicago'amostconvenient stations: LaSalle . StreetStation(ontheelevatedloop)8:30p.m.daily. Only 63 hours Chicago to Los Angeles. Shortest and quickest to San Diego. Other fine, fast Golden State Route trains, nota· bly the Apache-convenient schedules. Sunny, low altitude, comfortable way. Through Arizona's "Garden o£ Allah"-painted desertsoases marvelously quickened by irrigationcolor, color everywhere-and romance. For further information or perMJnaleervlce, phone or mail tW. coupon. PORTLAND CEMENT ASSOCIATION 33 West Grand Avenue, CHICAGO 1 want the booldet "Concrete lmpl'Ovements Around the Home." 4f{_ame-·-··-··-------·--·-------·-······-----------AdJrm..------------·-----------··-·············--·-··-····-···----·-U,:.__-~--- ROCK ISLAND THE?IOAD OF lJNUSUAL SERVICE ·'-'& W. J. La«erty9 TraY. P.-'r A·eat. Rock laland Llaee 72S La Salle St. Statloa, Chlcaco, IlL Phoae Wabuh SIOO Pleue Mad me booldeta about CaliCorala aad eeea· aloq the GoWeaStateRoate; aleofuUialormatioDJ'eludiaa tralallei'Yioe. ······--············--·-····-······-- N·,..········----·-··--·-··-····-··-----------········· 4~...------·------------------------·---------------· 148'