Illinois News Index

Wilmette Life (Wilmette, Illinois), 12 Mar 1936, p. 67

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In the light of wbiat is taking place ini the way . of- new construction, sales of improved and unimproved property, and the scarcity of desira- ble rentaIs, the trend is so obviôus tbat. comment seems superfious. '1v appears to the writer thatteei deuce is plain, on ail sides that new. construction and the- sale of -im- proved and. unimproved property is- proceeding at a rapidly accelerating pace. Rtentais Firrniuoe Up, * The sales on the uorth shore since the first of the year are already an impressive total and as for the, relit- ing situation,- it is significant tbaàt, wliereas in past years it was îquite possible for tenants to move f romi *house to bouse at a lesser renltai. this year that situation is entirely re- versed: rentais are firming up and tenants are giad to rTemain whcre *they are even at increased rentaIs. Furthermore,..owners. forced. ,by the depression to move from their homes to apartm efts or to snialler, less expeiisive hiotses, are begiinning to be able Io return to their owni homes. There is, a pressure' on teniants on aIl ides to, buy. And by the samre tokeni it is becoing iiucreasingly ap- parent to those who desire to cone to the north shore to live that they too had perhiaps better bily rather than rent. Owns Two Homes-Glad of it! A friend of mine is about to inove to onie of the larger cities of a near- by state.. On a scouting trip to that city ini search of a suitable house. to rent. nothing was to bie founid, sC) lie purchased a home. He now blas two bouses on bis' bands, one ini WViinnetka. which lie bas. alrea4y, rented at, a very good figure, and *the ..enwly .purchased one in the city lie is movinig to:ý Is b e disturbed at * being- the owner of two bouses? Not in the least-be feels inisteadý that hoth bouses are exýcellent in- Lower Ceilings Cyrus, who is weII known in real estate' circles, is a past president of the E vanston- North Shore Real Estate board, and is now active 'as G. j.CýY vice-presidento the first (Lake, DuPage, and Cook coùnty) district of the- Illinois association of Real Estate boards. While the shortage of. apartments will.eventually create a denmand for new b)uildings, 'construction of this type wýill lag behind residential build- ing, Mr.. Cyrus states. Trherefore, to the thinking pers on, apartmnt build- ings offer a most lucrative form- of investmenlt." Recently, Mr. Cyrus" participated iiiý the, sale of, an $80,000 property of this type ii Evenston., of buiildiing, the absence of nieed to figure the heatiiig charges as a promitient itenm of housebold expense, and the tradition] of the stately old mansions of ante- bellun, days. White the psychological effect of great spaces above is to create a feel- ing of coolness, actually, un1essi that space is properly drained of its heat- ed air by high windows or vent flues, it merely serves as a place to store tp hotter and hotter air, which, in turni, heats the ceiling and the floor above. Any space more than 12 seven teet above the floor line- which is well above -the heads of rnost people-then a room with an eight-foot ceiling is really better than one with a 10-foot ceiling. In small bouses the general proportions will be much More pleasing with this. lesser beigb.t. FedralHousing L@ams 93Chicago Ave.,, UNIversity 2211 -ARC.' 011 Duiners W.nKLEENuIHEAT I Oil Burners. Qil Burner. Service, Autômafié PeIc- fric Controli, Boblr BoirAccessories. Hugoidi- fing Syst.ms. Domesfic Mot Water Sys4oms Kir Condîfsonin HDIATINO SERVICE CO* e819 Oak Sfreef, W--nn.fka phone 3440 Winnofka HOME ENGINEERING and ARICHITECTURI7]AL EXIUIBIT Fiirst National Bank Building ,WlUmette-. Ou r 25 Years on the North Shore Paul Phîilips CONTRACTING - JOBBING 828.- Oak St. Winnetka 2181 SAIRD & WARNIR INC. 522 Davis St, Evanston Greenleaf 1855 Wiumetka 455 134.S. LaSaRo .St. Central!1155 1208 Centrbl Avenue, WUilm@tt Phone Wiluiette 131.

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