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WINNETKA WEEKLY TALK, SATURDAY, JULY 25, 1925 NEWS ( OF INTEREST IN REAL ESTATE AND BUILDING FIELDS 1 TRANSFERS SLOW IN SUMMER LULL But Brokers Regard Future With Optimism Winnetka seems to have the lead in real estate transfers reported last week. No Wilmette transfers were announced though Kenilworth is rep- resented. Transfers listed in the most recent issue of The Economist include : The sale of lot 1, block 51, Winnet- ka, dated May 1, is found among the recent announcements. The property passed from Lloyd Geherty to William C. Moffat with only a nominal consid- eration listed. In the Chicago North Shore Land company's subdivision, Lot 19, and part of lot 18, block 24, was sold by James A. Rusell, trustee, to Edith B. Scofield, dated July 1. William B. Castenholz transferred part of lot 5, block 32 in the Kenilworth Roslyn addition to Guy A. Richards on June 29. Hildegard S. Young is named as the purchaser of lot 23, block 2 in the Ouilmette Smith subdivision, Sheridan road and return boulevard subdivision, the sale dated July 6. Homer G. Tate was the former owner. Brokers Optimistic The mid-summer lull in real estate transactions does not seem to worry the business men along real estate row on Linden avenue, Wilmette. It has, however, given them time to take stock of the present trends in local buying an dselling and do a little analyzing along the way. Not all reached the same conclusion. Optimism seems to predominate all along the line, though one or two pessimistic notes were here and these might be worth evaluating properly by all local dealers. The more cheerful note was sounded by those who recalled the unusually healthy state of local real estate busi- ness for two months in spring and early summer. Many of the deals which were actually made at that time are still occupying the attention of dealers. Clearing of titles, awaiting the return of vacationists and various legal details have kept some of these sales hanging fire. Receive Many Inquiries Although there have been but few transfers reported during the past two or three weeks, nearly every office has been busy answering inquiries, show- Before You Leave On Your Vacation Protect Yourself and Family with an Accident Ticket For 25¢ It Pays $5,000 For Accidental Death. $5,000 For Loss of Both Hands or Feet. $2,500 For Loss of One Hand or Foot. $25.00 Per Week for Total Dis- ability up to 52 weeks. $15.00 Per Week for Partial Dis- ability up to 26 weeks. GET IT AT THIS OFFICE Clore, Budinger & Smith 1171 Wilmette Avenue Phone Wil. 1750 Honest Investments Invest your money here where the principal will be safe and the high interest rate certain. Phone Univ. 285 or Rogers Park 0272 and ask for our securities list. SMAGLEE Evanston. I ing properties and attending to de- tails of sales not yet fully consum- mated. One office has five such deals prac- tically closed, but not yet ready to be reported. Another has two; still an- other has four. One realty company is known to have completed five sales during the past two weeks and these will be published soon. "Closing" seems to have its difficulties in the lethargic summer-time. But one dealer pointed to the fact that these sales were not being made in Wilmette in large enough propor- tion. He believes that some local real estate has been priced entirely too high to sell against the new competition in desirable home-states which has de- veloped in the past two years. Set Values too High Both north Evanston and territory north of Wilmette have changed radi- cally in the public eye as sites for resi- dences, he points out. Wilmette, he states, has many old homes which are placed on the market at a high figure and dealers cannot sell them in com- petition with the newer sections. Transportation facilities and the filling up of the near lake shore, he thinks, westward trend. This theory was hotly opposed by another dealer who stated that the desirability of these older Wilmette lo- cations had a sound basis of value and any northward or westward trends could only be temporary and would eventually enhance local values even further. "Property with direct transportation to Chicago and favorable location along the lake need never fear competition for long with properties located far- ther inland or which require transfers on street cars or buses to get to the main centers," this dealer declares. Another dealer saw, in the large number of acreage sales all along the western borders of the north shore villages, the prophecy that these coun- try estates would eventually change the nature of these villages. They will be- come the shopping centers for much ws wen FOR SALE Attractive Country Home A Real Show Place Heavily wooded, partly cleared and lavishly landscaped with rare flowers, shrubs, evergreens, Lombardy poplars, pergolas; out- door swimming pool. 15 acres, garage, barn, etc. Nearly new eight room brick house, modern plan, 26x46 living room, two large screened porch- es, four large bedrooms and ex- tra large s.eeping porch, extra quarters for servants, four fire- places, three baths, etc. Three minutes' drive from Hins- dale depot and golf club. A rare opportunity at half value; owner must sell at once. Easy terms, will go quickly. One of the finest places around Chicago. Phone Samuel Bilger account partly for the northward and | La Grange 1123 FREE DEMONSTRATION of amazing new Disappearing Stairs For old homes as well as new See the Presto Stairs in operation in a house near you. Presto is a solid, sub- stantial stairway that disappears in the ceiling. Takes no room. Works by a touch of the hand. Gives you Full Use of Your Attic Lessthana days work installs Presto com- plete. Cost is moderate. You get all the storage or living space of your attic thru this wonderful building improvement. Phone or write today for your appointment to see Presto Stairs in operation near your home Farley &@ Loetscher Mig. Co. Local Office: 4621 Malden Ave., Chicago Phone: Sunnyside 6128 EVERGREENS, PERENNIALS, SHRUBS AND TREES Winnetka Landscape Company Not Inc. M. 7. SO Toa Prop. GRADING--SEEDING LAWNS--TRIMMING--FERTILIZER BLACK DIRT--MANURE Men for private grounds by the day 882 Pine Street WINNETKA, ILL. Phone Winn. 1549 wider areas; their business districts will expand, giving work to a large number of the residents and increased auto traffic all along the line will fill their streets, he believes. GLENCOE FAMILY BUYS LAKE FOREST HOLDINGS Arnold Joerns, president of the ad- vertising company bearing his name, and Mrs. Joerns, of Glencoe, have pur- chased from Clifford Leonard for an undisclosed consideration, five and one- half acres in Lake Forest adjoining on the west the 22-acre tract Mr. and Mrs. Joerns acquired three years ago. This gives Mr. and Mrs. Joerns 271 acres overlooking the west branch of the Skokie near Telegraph road and Deer- path avenue, in close proximity to the new extension of the North Shore Electric, which is now in course of con- struction." Miss Ruth M. Whitfield Loses Mother by Death The many friends whom Miss Ruth M. Whitfield made during the four- and-a-half years she was a member of the New Trier high school faculty are mourning with her the passing of her mother, Mrs. Minna Gordon Whitfield, who died suddenly, July 12, at Long Beach, Michigan City, Ind. The Whit- fields had long been residents of Ev- anston before they moved last fall to Maywood, where Miss Whitfield be- came dean of girls at Proviso high school. TAKE THE ADVICE OF LEARNED MEN! MEN who have learned in the School of Life will tell you that a sure road to prosperity is buying proper- ty and in seeking the right realty advice. GLENCOE REALTY COMPANY E. T. LEONARD, Builder 665 Vernon Avenue Glencoe, 111. Phone Glencoe 1158 CIRCULATE NOTARY PETITIONS Petitions were being circulated this week for William G. Stacey, 336 Lin- den avenue, and Thomas E. Sullivan, 336 Gregory avenue, who are seeking appointments as notaries public. Turn to the Want Ads 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. 5 N. LaSalle St. Main 0250 FLORIDA SARASOTA CLARE C. HOSMER, ARCHITECT FORMERLY OF WILMETTE AND CHICAGO In touch with unusual investment opportunities in city property and acreage. construction. Terms. Ideal Country Location. to suit the purchaser. 807 Ridge Avenue FOR SALE--5 Room Bungalow Hot Water Heat, 3 Car Garage, on 2 Acre Lot 132x660, con- venient to Public Golf Course and Elevated Extention now under $15,000.00 6 Room Kellastone Bungalow Hot Water Heat, very modern, 2 Car Garage on Lot 75x220, Bargain. $15,000.00 We are also offering Acre Tracts ranging in prize and size J. H. SCHAFFER & CO. Phone Wilmette 364 inden Crest Apartments Linden Avenue and Fifth Street WILMETTE 424 Linden Ave. One of the Courts in the Linden Crest Why Not You? Many representative North Shore families are making the Linden Crest Apartments their home. You are invited to inspect the few choice apart- ments still remaining unoccupied. attracted by the apartments themselves, lightful neighborhood, and the moderate rents. For Information Call E. E. Stults Realty Co. You will be the de- Wilmette 3450 Office Open Sundays Is due to the superior merit of this fuel and to the "Clean as the Sun's Heat" Service that goes with it. Buy now at REDUCED SUMMER PRICE Central Coal & Material Co. Wilmette 333 University 5200 Edinger & Wilmette FOR SALE BY Sons 641 Kutten Bros. Wilmette 1 Meyer Coal & Material Co. Wilmette 1733-1734 Ben ee mm mm SE SE MED SED SEN MEN EEN ME Ge Sem GEN SEN SEN ME SE GEN GEN A em ee me hen me tm mw ew em od