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RE'AL ESTATE SECTION June 8, 1928 WIL M ET .T E LIFE Look at This-Doesn't Appear to Be Building Slump Here ERHAPS in no one spot of similar area on the north shore has the hum of the saw and the ring of the hammer been heard to the same extent as WILMEM SETS SPEEDY P BOOM FOR REAL ESTATE it has within the few blocks between Kenilworth and Winnetka avenues and BU· ILDING PACE IN MAY road and Brier avenue. . SEEN DURINC BIG' FAIR Ridge Here are now located sixty fine residences, practically all of which have Frederick B. Thomas Says Sub-' been erected within .the past two yea~s, ranging in p.rice around $15,000 with Twelve New Residences to Cost rb Sh ld Sh · p fit some notable exceptions, upwards, whtle plans are satd to be well under way $228,500--June Sure to Be a U I OU are l!l. ro I for the beginning of several more in this section during the summer. · Banner Month I of 1933 Expostbon In the picture above may be seen a number of the completed homes and By FREDERICK B. THQMAS (of Frederick B. Thomas & Co.) In 1933 Chicago will celt>brate the hundredth anniversary of its incorporation as a village, with another World's Fair. ~f anyone has an doubts about this or questions the success of the undertaking let him step into the headquarters of the Centennial Celebration, where ~ he will see machinery adequately at work, getting Chicago ready for the 75,000,000 visitors who will be here in that year. The site of the Exposition will be the lake front from Grant Park to Thirty-ninth street, and possibly to Jackson Park, largely on newly madt land which has already been named Burnham Park. Mistakes made in the planning and financing of other Fairs will be avoided. Heretofore, without exception, due largely to lack of funds, there were delays in the perfecting of plans and in the actual starting of the work on buildings and grounds with the result that within the last six months proceding the openings there was a wild rush to get everything ready, with. attendant imperfection, extravagance and the im .. portation of outside labor which was l'eft without employment as · soon as the Fair was over. This Fair is being underwritten five years in advance of its opening. Certificates of membership are being sold for $5.00 entitling the owner later to ten complimeritarv tickets of admisothers in course of construction. In the background is shown the adjacent New Trier High school, between which, and the area in question, is located the Indian Hill business section and the North Shore Electric station · The tract south of Winnetka avenue was originally put on the market by the Lake Shore Realty Co., consisting of the Manus Brothers, and A. H . Kraus, operating with them. These holdings were afterwards acquired and operated under the name of the A. H. Kraus Realty Co. This is true, excepting as relates to a block from Ridge to the railroad tracks and extending on down a short distance south of Meadow road. which was part of the first section in this area put on the market under the nam~ of Manus Indian Hill Subdivision. This long strip was independently owned by Roland D. Whitman and entirely sold under his exclusive arrangement, by Johansen & Co. . South of this latter mentioned strip was a small, similar strip owned and developed by Witliam H. McClain, former County Commissioner, as well as some areas lying in the original McClain homestead tract on Ridge road, all of which passed into the hands of the A. H. Kraus Realty Co., about three years. ago. upon the death of Mr. McClain. sion to the Fair and every adult in the Chicago area will be asked to subscribe. The enrollment committee, headed by Stuyvesant Peabody, reports a very generous response to its appeal for memberships and hopes to sell 500,000 of these c~rtificates which alone will create a fund of $2,500,000. Many large donations have been made and will continue to come in, so that there should be no lack of funds. This Fair is not going to be merel~r an architectural exhibit or a row of buildings containing exhibits. and, neither, I understand, is a "Midway" going to be a leading feature. It is to be, as General Abel Davis says, " a Congress of Best Minds, the best thoug.hts of the world, in realms of art, music, science - the elements (Continued on Page 55) The month of May, during which forty-one building permits were issued for new buildi!lgs and remodeling jobs at a total cost of $250,500, stands out prominently in the building activity records of Wilmette. June, however, starting out with one permit for $400,000, that for the new Shawnee Country club, at 911 Michigan avenue, and with one contemplated residence which, it is said is to cost considerably over $100,000, promises to exceed, by far, the May record, particularly in regard to total valuation of improvements, May permits this year, include twelve residences costing $228,500; nineteen for private garages, valued at $8,150 and ten for alterations, costNinety building permits were ia· ing $13,850, making a grand total of sued in the four north shore vii· $250,500, almost $86,000 in excess of lares of Wilmette, Kenilworth, the total for the corresponding month Winnetka and Glencoe, daring the a year ago. In May, 1927, permit!. month of May, representing a to· were issued for ten residences costtal of $836,625 in improvements. A ing $155,000; ten garages, $5,725 and feature of the foregoing data ia the four alterations, $4050. One of the permits issued last fact that of this number, 32 were for new reaiclencea coatine $587,500. month was for a residence costing $52,000 and another, $40,000. The former was taken out by Robert Black, of the firm of Robert Black & James H. Eldredge Buys Co., for a beautiful home of sto~le Residence in Winnetka and stucco, which is to be erected at The \Virt Farley residence at 800 10 Canterbury court, for Charles W Walden road, Winnetka has been sold Wrigley, of the firm of Charles w· to Ja"\es H. Eldredge of Winnetka, Wrigley Co., advertisers, 400 Michi~ who is now occupying it. The broker gan avenue, Chicago. The permit for the $40,000 residence for Mr. Eldredge was Alvar R. Sutter, (Continued on Page 56) 545 Lincoln avenue, Winnetka.