Illinois News Index

Winnetka Weekly Talk, 22 Nov 1924, p. 22

The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

22 WINNETKA WEEKLY TALK, SATURDAY, NOVEMBER 22, 1924 NEWS OF INTEREST IN REAL ESTATE AND BUILDING FIELDS R BOARD STRESSES HIGH STANDARDS Oak Park Realty Men Favor Training Action strongly indicative of the way in which real estate boards under the leadership of the National Association of Real Estate boards are establishing standards of competency for the voca- tion they represent has just been taken by the Oak Park, Illinois, real tstate board. The board has just written into its 'by-laws an out and out provision that all future members must have com- pleted a standard course in real estate practice or its educational equivalent. The Oak Park provision is commented on by officers of the National Associa- tion of Real Estate boards as the most advanced position that has yet been taken by a member in the establishment of an educational membership requirement. The by-law provides that all applica- tions for active membership shall be ac- companied by a certificate showing satis- factory completion of a course in real estate practice as given by the board or of a similar course as given by the state universities or the Y. M. C. A. schools, or else the applicant shall satisfactorily pass an examination given by the educa- tion committee of the board. The examination shall cover in general the course and texts best available at the time it is given. The by-law further provides that all associate members, a classification prin- cipally made up of real estate salesmen employed by board members, shall within two years after their acceptance into the board, produce similar evidence of hav- ing satisfactorily completed such a course or examination. The attorney for the board is made an ex-officio member of the educational committee, and is given the duty of supervising all examinations as to edu- cational qualifications of applicants for membership. The new by-laws not only give the educational commitee the responsibility of preparing a suitable set of questions to be used in ascertaining the education- al fitness of prospective members, but they charge the committee with the duty of carrying on a campaign for the gen- eral education of board members and of the public for the uplifting of standards in the business of real estate and for the advancement of real estate as a profes- sion. At the same meeting in which the by- law creating educational membership re- quirements was passed, the Oak Park board voted also to acquire its own board home. First steps toward the purchase of a central business property suitable to the purpose have already been taken. Two New Residences in Wilmette Permit Record Permits for two new dwellings were issued at the Wilmette Village hall dur- ing the week. One was for an addition to a home and six for garages. John P. Chapman will build a two- story brick dwelling at 251 Linden avenue for $15,000 and Stanley Janaes will construct a two-story frame dwell- ing on the Kenilworth First Addition for $8,000. John P. Anderson will make an addition at 1618 Elmwood avenue for $1,000. The garage permits issued include those to Stanley K. Gage, 932 Elmwood avenue, $2,000; Henry L. Flentye, 729 Lake avenue, $1,025; Robert I.. Richard- son, 722 Greenleaf avenue, $380; R. D. Lyman, 1506 Central avenue, $300; C. R. Smith, 1722 Highland avenue, $300; John G. H. Thalmann, Seger"s Subdi- vision, $100. Tax Commissioner Takes Up Real Estate Course The home study course in real estate offered by the National Association of Real Estate bords through the American Real Estate Institute, Chicago, a special branch of the association, is to be sent to the license commissioners in every state having a state real estate license law, according to a vote of the directors of the association. Frank S. McCaffrey, deputy commis- sioner of the New York Tax commis- sion, which administers the New York real estate license law, was one of the first persons to enroll for membership in the Institute. Mr. McCaffrey writes that he is of the belief that the course will give him prac- tical knowledge to aid in the administra- tion of the real estate license law in his state. FOR ETHICAL STANDARDS Copies of the code of ethics of the Na- tional Association of Real Estate boards will be furnished to every member of the North Carolina legislature by the North Carolina Real Estate association in order to make clear that the objective of the state association in urging the passage of a state real estate license law is the establishment of an ethical standard of real estate practice. rectors of 'the association, Kenilworth Plan Progresses Satisfactorily, Says Streed Foresees Early Elevation of Railway Right-of-ways Through Village By F. L. STREED (Village Manager, Ii.) Kenilworth is a residential suburb of Chicago having a population of 1,700. From its very beginning in 1890, its growth has been regulated by rigid private restrictions, including building lines, minimum cost of build- ings permitted, etc. However, since adjacent territory to the west not pro- tected by such private restrictions has been annexed, we have found it nec- essary to adopt a comprehensive zon- ing and village plan. Our zoning ordinance is different in some respects from the average. In our "A" Residence district, we have a 40-foot minimum setback (building) line for both frontages on corner lots as well as for the principal frontage on "inside" lots, although where set- back lines of 50 to 60 feet have al- ready been. established these are maintained. The minimum lot area in this district is 12,500 square feet per family, which is equivalent to a lot having a frontage of 75 feet and a depth of 165 feet. We believe we can substantiate in court the reason- ableness of these regulations, since most of our building lots are 100x 175 feet. Plan Track Elevation The steam and electric interurban lines, having parallel and adjacent right of way through the village, plan to elevate in about a year, at which time they expect to provide for four tracks each. If only the present right of way were available, unsightly ver- tical concrete retaining walls with Kenilworth, their attendant "death-trap" subways would be the result. To circumvent this, the Kenilworth Plan Commis- sion worked out a plan, accepted by the Village board and the railroad of- ficials, which provided for the ac- quisition by the railroad companies of the right-of-way of the streets paralleling the tracks on each side, thereby permitting the construction of gently sloping earth embankments which will be landscaped and treated from an architectural standpoint. The TOURING REALTY MEN TO VISIT IN MEXICO A trip to Mexico City is being consid- ered by some members of the party of officers and members of the National Association of Real Estate boards who will make a mid-winter cruise to Cuba, | Panama and Central America leaving New Orleans January 17. The cruise is planned to follow the an- nual meeting of the National association at Dallas, Texas, January 13-16. The regular cruise as planned includes a stay of some days at Havana, a drive over the mountain region of Jamaica from Port Antonio to Kingston, a trip across the Canal Zone, a thirty-hour stop at Port Limon, Costa Rica, with an op- tional trip there of 103 miles into the in- terior, visiting the capital city of the Central American country, and a return to New Orleans February 3. Among early reservations for the trip are those of William E. Shannon, Wash- ington, D. C., and Leonard P. Reaume, of Detroit, members of the board of di- and of Mrs. Shannon and Mrs. Reaume, of Fred E. Reed, of Oakland, California, vice-pres- ident elect, and Mrs. Reed, of William E. Lyons, of Kansas City, Missouri, former secretary of the association, and Mrs. Lyons, and of Charles W. Fairfax, of Washington, D. C., and Mrs. Fairfax. All members of the national associa- tion and their families are eligible to join the cruise. Registrations are made at national headquarters, Chicago. They will be closed early in December. Realty Board Approves Colorado Development The National Association of Real Es- tate boards, through its board. of di- rectors, has passed a resolution approving the proposed improvement of the Coio- rado river which would furnish power and water to a great section of the Unit- ed ~States- including the several states whose territory is within the Colorado valley. The resolution is based on the general approval of the Association of national development of great enterprises which benefit large sections of the country with respect fo power, irrigation and water- ways. Legislation is expected to be hrought before Congress at its coming session providing for a dam in the Colorado river at such place or places as may be selected by proper government authority to stop the menace of floods, to conserve the water supply, and to make possible the development of tremendous hydio- electric energy for industrial purposes. plan further provides for the acquisi- tion by the village, by condemnation or otherwise, of the tier of lots fac- ing the railroad, for the purpose of widening and moving the street 125 feet. By thkws moving the street and using the lana between the street and tracks for a park, we shall be enabled to eliminate the '"death-trap" subways; the construction of sweep- ing curves allowing motorists a clear view after emerging from the sub- way before entering the re-located street. The portion of this street through Kenilworth is to be a link in 'a through traffic route through Glencoe, Winnetka, Kenilworth, Wil- mette and Evanston, connecting on the south with the new McCormick highway to be constructed leading into Chicago, and on the north with Green Bay road. The first four vil- lages above mentioned, by acting in unison, have secured from county commissioners an appropriation of $100,000 to be applied on the cost of constructing the pavement. Citizens' Syndicate Helps At the time the Kenilworth plan was adopted, the railroads were not vet ready to proceed with track ele- vation and the village was not yet ready to acquire the land necessary to carry out the plan. Therefore, since the land values were rapidly in- creasing, fifty public-spirited citizens, subscribing from $1,000 to $20,000 each, organized a syndicate to acquire all the land required to carry out the village plan which they could pur- chase at reasonable prices, one of the stipulations being that any land re- quired by the village would be turned over by the syndicate at cost. Shortly after the organization of the syndicate, a 40-acre golf club adjacent to the village was put on the market for subdivision purposes. The highest bidder was a real estate firm which planned to subdivide into small lots and build houses, for sale purposes, a development which was not up to the standard established in the remainder of the village. In order to maintain that standard, the syndi- cate purchased the property, subdi- vided it, and is developing it in ac- cordance with the village plan. A 40-foot strip on the north end 'of the subdivision was dedicated without cost to the village to allow the con- struction of a two-way street called for in the Village Plan. Special as- sessment proceedings for paving these streets have been started. Condem- nation proceedings will soon be started to acquire these lots, not al- ready owned: by the syndicate, which are needed for the through truck traffic route. Most of the property east of the tracks shown in the Plan s "park" is already park. The Park board has already purchased the only two commercial buildings east of the tracks and propose to purchase the few residences now located in the proposed park extension. It will no doubt be several years before the entire plan is realized, but on account of the cooperation of the railroads, Village board, Park board and Plan commission, it is financially feasible, and is being carried out step by step. --From The American City Magazine, November, 1924. Optimists Are Hosts to Rotary Club at Luncheon Members of the Wilmette Rotary club were the guests of the Optimist club Tuesday noon of this week at the regular Optimist luncheon in the Lake Shore Terrace. Rev. George P. Magill, a member of the Optimist club, was the principal speaker at th eluncheon. He urged close cooperation of the two luncheon clubs as instrumentalities for community ser- vice. Fred Miller, proprietor of the Lake Shore Terrace, did the honors in pro- viding an excellent luncheon. Here You Are 4 Bed Rooms, 2 inclosed porches, 8 Room Stucco, hot. water heat, 1 car ga- 'rage, fine southeast Win- netka location. town at $17,000. HILL & WHEELER, Inc. 736 Elm St. 334 Linden Ave. Winnetka 142 Wilmette 93 Best buy in Plant Now Trees--Shrubs--Perennials This is the right time to plant and buy trees, shrubs and perennials. Prices are lower now than in the spring. John Ostrowsky 1487 Asbury Avenue Hubbard Woods Phone Winnetka 546-J 312 SOUTH CLARK ST., CHICAGO George H. Taylor Real Estate Mortgage Company Loans on Chicago and Suburban Property $2,000 to $1,000,000 or More--5149%, to 69 Installment loans on residences and two-flats limited to $8,000 Liberal prepayment privileges with all loans » TELEPHONE WABASH 1246 REAL ESTATE LOAN CORRESPONDENT, THE PRUDENTIAL INSURANCE COMPANY OF AMERICA We Consider Applications Through Our Representatives for Loans on Approved Properties in the Following Cities: Aurora East Moline Glencoe LaSalle Riverside | Belleville East St. Louis Glen Ellyn Maywood Rockford Berwyn Elgin Highland Park Moline Rock Island Blue Island Elmhurst Hinsdale Mt. Vernon Urbana Champaign Evanston Jacksonville North Chicago rio: Decatur Forest Park Joliet Oak Park Wheaton Desplaines Freeport Kenilworth Park Ridge Wilmette Downers Grove Galesburg LaGrange River Forest Winnetka CASH AND I 'CARRY Big reduction to those who come to our Nursery and get the stock. Freshly dug; roots not dried out. Nursery just west of Lin- coln avenue on Peterson road, Chicago. Peterson road is the north line of Rosehill Cemetery. GOOD ROADS Telephone Evanston 1434 PETERSON NURSERY BARGAINS Cash and Carry Buy Now -- Trees, Shrubs, Fruits, Vines | The land of the Peterson Nursery has been sold and we have a short time to sell off the stock--This is your opportunity. 30 N. La Salle Street, Chicago, Ill. Telephone Main 3613 WE DO PLANTING | For those who do not care to do their own planting. We will deliver, plant and guarantee. Estimates given. Phone or write our city office. Do it now.

Powered by / Alimenté par VITA Toolkit
Privacy Policy