Illinois News Index

Wilmette Life (Wilmette, Illinois), 30 Jul 1931, p. 40

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nounced by hBis Kealty. Imc.' The Colonial house is being builit on Blàckhawik road for Mr. and Mrs. Fred W. Jauneson, 482 Sheridan road Evanston. Mr. jameson is director fpublic relations of Montgzomfery, WaVàrd and conany. Exterior walls are dark red' brick and roof is asphait sdate, covered shingles. It is- an eight-rooffibouse and follows the modern tendency of practi'cally a bat h for each bedroomn. There are four bedrooms and thrcee baths. one With a, sbower stall. In REAL ESTATE . LOANS Have funds -,to. .blan .on ,North Shore residential property at.rea- sonable rates. See us on renewalà., Aise moirtgages for sale. F . PuiuQ& . lé 8. ]La Bale.,St.. Frankla 7740 are Stone for the first story and great chimney with haif timber and plaster above. The roof is asbestos. shingle in' color range. There is' a Stone fireplace in the living'ooman th e ceiling is heavily b>eamed. The r ecreation room' in the basement and the master bedroom. also .bave, fire- places. A featüre of thisborne is a large tower in the southeaIst corne*r. This tower' contains sunrooms* on both the first and.second floors. In tbe tower wiIl be manv uindôws, 'some glazed with speciat glass to.:ad, mit,ùltra violet ravs. Mr. and. Mrs".lFîank IR., Warren bave.moved into their new home at 1140 !Ramona road. Wilmette. Tt- is Frencb witb a toucb of mod *er in the brown sandstone .en-t-pnce. bcuilintinf ~.8 L!ireeai eLta Vie.,LaCLUnaa,, reversed. itself and. a distinct improve- muent was f elt. The Straus. officiaI1 fôund much of his, information, in. the files of daily newspapers. He reports that it is dif- ficuit. to obtain an exact pficture of meal estate* ' sentiment -in, 1907. since the, newspapers 'of. that time devoted' but little space to real estate news. Somne- papers carried none. at ail; one New York morxing paper had a real estate column which appeared every, few days. Athough 'olythe .New York situation could bé studied, it is believed t hat conditions were muchi the saine in Philadelphia, Pittsburgh, Boston, Chicago, Detroit and'other cities. On july 25, 1907, the real estate cotumn spoke gloomily of the ",effects of past speculation and overbuilding."p On August 10, it'reporied tixat 1'brô- kerage dealing was practically at a standstitl yesterday and no sales of'any kind were held in the auction rooms." On the next day, August 11, a long and decidedly pessimistic article, sim- itar to many whi ch have: been appear-. ing during 1931, appeared, reading in part as follows: "It 15 evident that such a break ini the stock market as that of last week cannot take place without disturhiniz demand for expensivé dwellings 'since March. Thtere is reason 'to beliieve that the mortgage loan situation will grow even more unfavorable to the borrower than it has been. The mort- gages ' recorded last week, thoughi made some ti me ago, before' the Wall street break could be f oreseen, miade an unconifortable showing." Another comment,. August 29, 'was that '"the renting business thi s year, according to uptowni agents, is notably back- *-on houses,.apartments and business properties for 5, 7 or 10 year terms. CODY TRUST COMPANY 105 South La Salle ,Street Randolph 6600 CHICAGO: ments of[ real' estate has been issued by the Board of Assessors througb John E. Conroy, secretary and ment- ber of the board. Following a conference wi t h Charles E. Fox, newly appointed di- rector. of ap:praisals for the asses- sors,' Mt4, Conroy. said-: "«Owners of real estate in Chicago and Cook county should refuse to sign up with the: many so -called 'app>raisal' companies and organiza- tions for reducing taxes whichhave musbroomned .-up .within ,recent miontbs., Ail indications are that. the 1931 quadrennial reassessment of real*,estate iii Cook county will result in a substantial decrease in the value ofý land and the taxpayer should wait until the field work 'by the Board of Assessors' deputies bas. been- finisbed, at least. E'valuatsO-ei Every 4 Years "The. law lays. the. duty. upon the Board of Assessors to determine the fùli, fair, cash value of r eal estate 'êvery four .years. It goes wit'hout saying that the present' cash value of land and buildings lying, in Cook, .county is considerably 'less today than it was at ,the time of the last reassessment. Therefore,*.the'ap-. praisal' company Which signs upa, taxpayer in advance oüf: the 1931- quadrennial upon a, percentage basis of. the saving in taxes to be effected between this year's reas>sessment and that of 1928 is attempting to operate a confidence game upon the public. .1t will bc possible for any tax- payer to corné to the 'offices of tb-2 Board of Assessors next fait when the .tentlative figures .reflecting the present value of bus property have been" reported to the board by itls field: deputies, and ascertain what bhis asse'ssmentis to be. "At that time they, cari file a com- plaint directly with the board and be. assured of fuit and faircnidr ation of same before employing. at- torneys o r any of the, so-called, 'ap-: praisal' racketeers." "dno dcmancl for expensive dwetlings." On October Z5. oniyr ta thé- .. t-lt: lli-ciul . v. -,trus and com- pany 'feels that a studyof conditions in 1907 is valuable since it 'shows that difficulties in real' estate are no new tbing and that-they can be countedon to work. out 'th eir own. solution as thie finan cJal and comimodity maricets I'm* prove. CAN YOU AFOMD TO BUR9N COAL Oftly .4 Weeks te Sept. lst LTOMATIC, THE NOISELESS OIL BUIqNER, V. A. SMITII-istributor 1620 Sherman Ave. 900 Linden Ave. Evanston Hubbard Woods Greenleaf 0700 " Winn. 650 LOANS ON BiAIRD & WARNER 528 Daivi St., Evauton -Gri.enIeaf 1855

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