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SE WINNETKA TALK August 4, 1928 50 Lake Forest Vacant Adjoining Onwentsia Golf Club 200x235 This piece of vacant has an abundance of beauti- ful large trees and is located in a very exclusive section on private road, having as neighbors owners of nine and ten acre estates. There is a very fine clay tennis court so situated on the prop- erty that it will not interfere with the location of your home. This is one of the season's best buys at $90 per foot LisT YOUR PROPERTY ; WiTtH Us REALTORS op We have other clients ~ RO SEMPER wanting to buy-- ReAL ESTATE 4] Eight North Shore Proper- S) Boarp ties sold by us during July. 1% Crosby & McKendry Ny 566 CENTER ST. TEL. WINN. 2032 WINNETKA IL 21 Acres 1,215 feet on Waukegan Road, 40 feet of concrete, attractively wooded, north of Glenview. Rolling. Price $3,750. Business Frontage Located and priced right, in the business section of Glenview in sizes of 50 feet $16,500 Six Room English Colonial at Golf, on corner lot, attractively land- scaped, electric refrigeration, modern in every respect and priced to sell. 2 years old. WYATT & COONS 7B REALTORS MEMBER NORTH SHORE "A ReaL E : BoARrRD Glenview 81 Central 3921 N.S. Board Adopts New Commission Rates The North Shore Real Estate Board, following in the footsteps of the Chi- cago Real Estate Board, voted at its last meeting on July 16 to change its rates of commission. The Chicago Board took action several weeks ago and consideration of the matter by the North Shore Board resulted in the de- cision to change the rules so that they would conform with those in the Windy City. The new rates are as follows: -- Selling or Exchanging Cooperative Apartments. For selling or exchanging cooperative apartments the commission will be five per cent (5%) on the first $15,000 of the selling price, plus three per cent (3%) of the excess over and above $15,000, the selling price to include any portion of the encumbrance which has been alloted to the apartment being sold or exchanged. For Selling Leaseholds of Buildings, or Land with Buildings--Rule 32. For sell- ing leaseholds of buildings, or land with buildings, or parts thereof, charge for the unexpired term of the lease the rates provided in Section I or II of this Article, as if a new lease were made for a like period, plus 4 per cent of any cash or other consideration paid by the pur- chaser for the leasehold interest and im- provements. For Selling Ground Leases Without Improvements--Rule 33. For selling ground leases without improvements, the Agent shall charge the same rates as prescribed in Section I or II of this Article, as if a new lease were made for a like period, plus 4 per cent of any cash or other consideration paid by the pur- chaser for the leasehold interest. Sale of Fixtures, Merchandise or Other Property--Rule 34. If, in connection with the sale of a leasehold interest or other- wise, any fixtures, merchandise or other property shall be sold, the Agent shall be entitled to receive 20 per cent of the cash or value of the consideration paid, which shall be in addition to any other compensation paid the Agent under any other Rule of these By-Laws. Exchanges--Rule 35. In case of ex- change ef property, a full commission, based upon the sale price, shall be paid by each party, the same as if a sale of each property had been made. What Shall Constitute Sale Price-- Rule 36. All charges herein provided for the sale or exchange of real estate and the sale of leaseholds and buildings, shall be based upon the sale price, meaning thereby that if the sale is made subject to a mortgage or mortgages, the sale price shall be construed to mean the price of the equity plus the encumbrances. Selling or Exchanging Improved Resi- dential and Improved Business Property --Rule 30. In selling or exchanging im- proved residential and improved business property, the charge shall be not less than five per cent (5%) on the first $10,000 of the sale price, and three per cent (3%) on the excess selling price over $18.00, but no charge shall be less than 50, Selling or Exchanging Industrial Prop- erty--Rule 31. In selling or exchanging industrial property the charge shall be not less than five per cent (5%) on all sales of $1,500 or over, and six per cent (6%) on all sales of less than $1,500, and no charge shall be less than $50. Selling or Exchanging Unimproved Residential and Unimproved Business Property. In selling or exchanging un- improved residential property and unim- proved business property, the charge shall be not less than five per cent (5%) on a sales, and no charge shall be less than Selling or Exchanging Acre or Farm Property. In selling or exchanging acre or farm property the charge shall be not less than five per cent (5%) on all sales of $1,500 or over, and six per cent (6%) on all sales of less than $1,500, and no charge shall be less than $50. In Selling or Exchanging all Prop- erties Located Outside the Corporate Limits of any City, Village or Town in Cook County. In selling or exchanging any properties both in Cook County and outside the corporate limits of any city, village or town in Cook County, the charge shall be not less than five per cent (5%) on all sales of $1,500 or over, and six per cent (6%) on all sales less than $1,500, and no charge shall be less than $50. The above schedule does not apply to the handling of subdivisions where the charge shall be a matter of contract. L. C. Pelott Buys Property at 815 Gregory; to Resell L. C. Pelott has purchased at public vendue the property at 815 Gregory avenue, Wilmette. This property was formerly the estate of John H. and Helen M. Long. The property, Mr. Pelott states, will be improved for re- sale. The consideration was not dis- closed. MAKE BREAKFAST NOOK GAY One way of solving the problem of decorating the breakfast nook, which is separated from the kitchen by an arch or partial partition, is to decorate the walls with a gayly patterned paper and paint the woodwork a slightly deeper shade than that which is used in the kitchen. In this way some contrast is afforded and the character of the breakfast room is strengthened and given added vividness and life. Court Is Novel Feature of Evanston Apartment A novel court is to be one of the features of another new apartment building which is to be constructed at the southwest corner of Noyes street and Sherman avenue in Evanston. It will have forty-nine apartments of four, five and six rooms. The court will be seventy-five feet wide. It will contain a sunken garden, pools, miniature bridges, and a putting green for tenants whose minds turn to golf. This building, resigned by Archi- tects Cable & Spitz, will occupy a site 165 by 200 feet. Like many other apartment structures now under con- struction, it will be of English archi- tecture. For Sale--Glencoe Choice vacant on Skokie Country Club and in other very desirable lo- cations from $100 to $175 per ft. Ernest M. Kimball Room 1725---140 S. Dearborn St. Telephone Randolph 0880 or Glencoe 170