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rv 18 WINNETKA WEEKLY TALK, SATURDAY, JUNE 13 1925 NEWS OF INTEREST IN REAL ESTATE AND BUILDING FIELDS BUILDING SHORTAGE Goes Back to Realty as For the Linden avenue Jubilee cele- 2" SUBDIVIDE NEW H ME RENT Jubilee Job Is Finished bration was a grand success. Ask any 1 FAST DIMINISHNG "The Big Jubilee is over and now of the thousand or so odd folks who we're Wa to get back to business at frolicked about there last Week-eal 4 A GLENVIEW TRACT F INDING LEVEL Steady diminishing of the national |the old stand 'in the little oid real {And ek To 5 Rot only dus Diendy ith buildi estate offices," said George C Kroll, ot Tis row helpedciput over the --aair SC building shortage, with . over-Duilding [5 - settled: into this "chair with a|®! METI I Se Wl | . | becoming a factor in some cities, 1S | very brief sigh of relief but with a Sigena oma y 8 71 Nixon Company Sell Another Trend Is Downward in|shown in a survey of the building situ- gleciul smile of satisfaction spread over satisfied. i iti 1t1 ation just made by the National Associ- | his face--the satisfied smile of a man Big Addition Larger Cities Tr Ro Tote potas pare od who has just put over a big job and| Read the Want Ads A its semi-annual review of the real estate | © ga ¥ George F. Nixon and Company has Residential rents are settling to a sta- market. J : purchased an additional tract of land {tionary condition in a large proportion| The survey is based on PePosts ri ( ; ; : 3 of American cities, with a slight move- by constituent boards in 225 cities o | : on the Glen View road, just east of the ment downward indicated, according to the United. States and Canade. ma cn Its | d men S ; company's Forest Preserve subdivision, |, survey of the national real estate Sr ki Sena ~~ and adjoining the Chicago and North- [market situation now being compiled | | a ; 3 . . A Western tracks, and also immediately |by the National Association of Real [single family dwellings. Thirty-two per Linden Avenue and Fifth Street Ie adjoining the right-of-way of the new Estate boards, from reports prepared |cent of the cities reporting indicate a WILMETTE 1 4 g g y ; by its constitutent boards. Of 225 cities remaining shortage in this type of 1 high speed North Shore line extension. reporting in the survey 72 per cent in- trict 29 cont. a shortame In This property lies between the right- | dicate stationary rentals. 'Fwenty per | Structure, De 3 g hy of-way of this extension and the new Skokie Valley boulevard, which is only 400 feet away. The Nixon Company has just put this property on the market and it will be known as Forest Preserve Addition to Glenview, No. 2. Even in advance of any public state- ment about the new subdivision, more than half of the property has been pur- chased by customers of the company-- persons who left orders for reserva- tions on any property of this character which the company may open up. Another 75-acre subdivision has been opened up by the Nixon company at cent of all reports indicate a tendency downward on rents. Only 8 per cent report rents rising. No city of over 500,000 population re- ports a tendency of rents to increase, while one third of them report a down- ward tendency. The survey also brings out the steady disappearance of the post-war building shortage. Only 32 per cent of the cities report a remaining shortage of dwellings. Twenty-nine per cent report a shortage of business building. At the same time 67 cities out of the 225 report overbuilding in some form. The present stabilization of rents, and apartment buildings. Only 29 per cent report a shortage in business structures. No Canadian city reporting indicates any form of building shortage. Sixty-seven of the 225 cities report over-building in some type of structure. In a similar survey made by the as- sociation in December last only 27 cities reported any over-building. 514% Money Have funds to loan on choice improved North Shore Suburban residence property at 5% % in- terest. See us on renewals E. G. Pauling & Co. Ee 2 A\ Nw EH arr \\ fs SR. Sh LT a] Highland Park, at Clavey road. out the accompanying slight tendency 5 N. LaSalle St. Main 0250 = Ridge avenue nd is being developed downward is doubtless the result of the into homesites consisting of deep lots | diS@PPearance of the building shortage WE PAY CASH ! 75 feet and upwards in width. This property is described as beauti- fully wooded, practically every lot in the subdivision being covered with trees. Mr. Nixon reports that he is prepar- ing to develop this property immedi- ately with wide winding roads, terraces and gardens. There will be a high restriction as to the cost of homes which will be built on this property, he explains, Mrs. Jane McDowell Now With E. E. Stults Firm Mrs. Jane McDowell, of the Lin- den Crest Apartments, is now asso- ciated with the "L" Terminal branch offices of E. E. Stults company, real estate operators, at 424 Linden avenue, and of sporadic over-building, the re- port suggests. While the most frequently reported average rent per. room per month has increased for some tvpes of dwellings and in cities of certain population groups in others it has decreased. There is no uniformity in the move- ment. An Unusual Offer! Kenilworth Vacant East Side for seller's interest in monthly payment contracts and second mortgages on residence proper- ties Craft, McConaughy & Wolcott 40 North Dearborn St. Randolph 1420 Chciago, Ill IN NALS SN NN NA NN NN AN] BUILDING FINANCE WM. F. PELHAM CO. Many representative North Shore Crest Apartments their home. choice apartments still remain hood, and the moderate rents. tme of the Entrances of the Linden Crest WHY NOT YOU? You are invited to inspect the few attracted by the apartments themselves, the delightful neighbor- For Information call R. T. Davis, owner, Main 3012 or Wilmette 589 or see Janitor at Building Linden Ave. and Fifth St., Wilmette families are making the Linden ing unoccupied. You will be a 4 according to announcement gi t Sd y by that Ra this week. ail 75x150 Re ol ohh Sls ere tracts and second mortgages on m NEW C. OF C. MEMBER $ 00 houses and small flat buildings. Fo The Val Quinlan Grocery company, Ft. fF which recently opened a new store on Wilmette avenue, has been received in- to the membership of the Wilmette Chamber of Commerce. FOR RENT Hubbard Woods 6 Room Flat, tile bath, hw. heat, newly decorated, $85.00 per month. "Homes for Particular People" WILMETTE OFFICE Clore, Budinger & Smith 1177 Wilmette Ave. Wilmette 1750 611 Harris Trust Building Central 6702 Chicago, Ill. We Invest Only Our Own Capital We Are Not Brokers ASSETS OVER $1,000,000.00 IANO ANNO NNNNNNN NN We Will Build For You! "THE HOME YOu WANT" 10% Down Balance on monthly payments A complete service--plans etc. to Waukegan. Safe Bonds real estate. We have them. Do You Think you can qua lify for this HILL & WHEELER, Inc. all included in our price. wi dannii ° REALTORS See the homes we have built on bords "gnd 1 mor {AW 2 the North Shore from Wilmette amply secured by loca aVyil | O I' ® | 334 Linden Avenue Tel. Wilmette 93 WINNETKA OFFICE 736 Elm Street Tel. Winnetka 142 Lake County Construction Company 212 Washington St., Waukegan, Ill. Phone Waukegan 3031 10 N. Clark St., Chicago, IIL Phone State 8825 This advertisement is addressed to gentle- men who feel the urge of making more money than their present work pays them. We have a few openings in our high grade < sales organization for citizens of ability and standing who can properly represent us. We are purposely particular. We cannot afford to -, MART = accept every applicant who wants to become " 1580 Sherman ~~ Evanston. IIL associated with us. We take all possible precau- | tions to safeguard our own reputation and the . reputations of those who are now making the sale Read the News | ! of Nixon properties their lifework. | i 'With this picture of us in mind, and with the un- 4 derstanding that your work here will mean selling beautifully located suburban property adjacent to the new Niles Center-Lake Forest extension of the North Shore Line, which is now being built, and which will be operating trains in a year, you can fairly well determine whether you are qualified. Be sure to analyze yourself honestly before apply- ing. Real estate experienceis by no means requisite but business sense and the ability to state facts in an interesting, uncolored, friendly way are impor- tant. Satisty your own mind first, then if you are still interested apply at once to the Director of Sales, either by mail or in person. George F. N | X (ON & Company I REALTOR AREA DEVELOPERS 4554 Broadway at Wilson--Phone ARDmore 3020 Nor SHORE HoMES INC. Builders of Better Homes 'We Will WILMETTE. ILL. Plan Finance & Build For You po REALTY OPPORTUNI- TIES THAT ARE REAI, 3 Phones Wilmette 2427 - Randolph 143g y Chicago Office - First National Bank Bldg. i, Eh w= will show you a list of property offerings that will show you the way to investments --- "- of value. nothing. Consulting us costs EVERGREENS, PERENNIALS, SHRUBS AND TREES Winnetka Landscape Company Not Inc. M. J. ats Prop. Te GRADING--SEEDING LAWNS--TRIMMING--FERTILIZER BLACK DIRT--MANURE Men for private grounds by the day 882 Pine Street Phone Winn. 1549 WINNETKA, ILL. y i ------ GLENCOE REALTY COMPANY 665 Vernon Avenue Glencoe, III. Phone Glencoe 1158 E. T. LEONARD, Builder 8