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46 WILMETTE LIFE August 30. 1929 Steel Residence for Indian Hill· Estates (Continued from Page 41) Home Sites BOx 165 neJr very lake Brothers Cn .. prod ucers of tinplate and ~ !wet ~tee t. f.eet and wooded ; schools: property. beJutiful Price. $18,000. 1 ) 2 x2 30 secluded feet. but Quiet, (onvenient One r of sec- neighborhood. tions. Winnetka· s choicest Price, $25,000. Rare opportun~ty. 66 2 ' )x200 feet on Sheridan Rd. near Jake, m very fine home section. $11,000. Price, Empha sis ha s b~:en placed 1)\· the Fnllanshc..:('S in the design ior th ei r home on the .]i,·irlg room and ma ste r I hedrOlll11 alJOH' hY having them occ upv the ent ire wing oi the house. Thi s \Ying. \\·ith its porch opening nff the Ji,·ing ronm. iaces the east on Shahon~ I.anc arHI has seclmdan· exposur~s south and . north. The exterinr oi the FPIIanshce h\1ntc is to he :\"nrman English . -Tht· s u .~ · gcstiou ui ma :-.si ng in the architectura l cnmpo:-- ition i;-; clrlin:ned !)\· sharp roof linl'S o \·er the ent rance and the dining room. The brick exterior \\'alb o i \\·d l chose n CPmmon brick pain ted " ·hite arc relie\'Cd 1)\· :-tained timber o \·e r the porch and in one of thL' gables. l"nique dormers add t o the contou r. Tnsidl' the nias sin: llak entrance doln· and ~traight ahead. a broad . tainYa,·, railed \\'itlt \\T(Iught iron. leads to th e t:pper fl oor. Tn the k ft of the en5~2% MONEY tran ce is th e spacious living room and to the right th e dining room . Pla ster arch openings between rooms and coved ceili ng corners giv e a feelipg- of grace and co:11fort. Tinted walls and si h:en:cl wall-bracket s help i> len d drape s and furniture into a harmony. A remarkable area 'nf useiul space is £?;ained by th e dining rotllll l)J)eningthro~tgh the hall into the li,·ing room. This Yista is extended cast to th e fireplace at the end oi the liv ing ro om and through door:-; Jt either side oi the fireplace ope nin" on a Aag-paHd porch lonking ca~t into the vie\\' do,nl Black lia\\·k. Gcl)rge Fred .l,e r k. ril2 ~ o rth ).lirhi gan aventte. i:-; the architect. Bills Bros. Jnc. an: contractors ilw the hou se. Clar<.'nn· E. Ora ,·c r. \ · ire Pre sident of Dills R~:alt\· . ·r nc .. conducted the negotiat ions. JOINS PROPERTY OWNER PLAN The Inwa Association nf Real Estate noard s is · the latest addition t o the grOlip of state real estate organizations now working out a plan whereby property ow ners can join " ·ith Realtors in eliminating exi sting tax di sc riminations against real esta te and can work together in city planning- and zoning Jrojects and other ,·arimts ci,·ic and 1 eco nomic activities combining the paralld interests of the Realtl)r and property owner. DECENTRALIZATION IS IMPORTANT TO SUBURBS (Continued from Page 41) artist\ conception of the ideal community, and t he carrying out fa ithfull\' of tlris yision. Furthermore, and in ·proprr sequence. the succe.ss .depends lllhlll accessibility. pubhc t_lllpron·men t s. and t h c proper fi na ncl11gof the se i111pro\·ements. ··on this subject of financing of homes. it should he done not on the usual thrl'l' t(). fiye year plan, but upon a . traight ten -yea r plan "·ithout prcpavment tllllrt g-ages. · i··rn laying out a community. the plan _hould actually look eHn l>eyCllld that comnn1nitv \\'ith the end in vie\\' nf extending t-ra nsportation. con::;tntction and i1nproYements a. the orcasinn requires. clue to natural growth. Tt is so in Chicago, and ltlgically in like manner in the suburban areas. It is cyen easier tn dt) in the suburbs, hecause there it i:-; a ca . e of de,·clopingvirgin territor~ · in . teacl of tearing down and remaking ;-;omething already constructed. Reasons for Slowup "\\·c h;n·e been in a real e~tate bm·ers' market. not a se llers' market. A; a re sult of real estate passing th rou, g·h c.\·cles. \\'e find two thing·:much in evidence. In the fir st plac e. t11ere has been a falling off in money to loan on construction, due to com petition ,,·ith stock exchange nWIH'Y· ~e have, therefore. !tad a sln\Yi11g ttil of real es tate manufacturin g. "fn the secuncl place. and hecau se of thi . si tuation t)f more limit ed number oi home s a\·ailable, there is hound to dc,·elop a gro\ring appreciation of Chicag0\ suburban real e:-.tate ,·alm·s. Coupled with thi s limitin g oi th e ..;~tp ply of new r ea l estate merchandi se has come the steady. rapid growth of Chicago in population. amounting i1. 1 anmtal increa sr to the entire population of Peoria. Om increa..;e of 1,000,000 people here since 1920, i:; equal to the populfltitlll at that tim e nf Salt Lak e City, San Francisc0. Dalla s and Tacamo. One million 11L' \\' people m ean an increase in real r~tate Yaluati on nf about $1.300,000,000.00 nr equa l t o all the rapita 1 :-; tock oi the ~.OR7 nati()nal hanks i t1 thi s cnuntry. lt i. enough mone,· to hu ild four Panama (·a nals. a 11 d ali11o:; t eno w gh tn buy all <1f the churches in the countn·. "Chicag ~. right ntn\· has g-reater 1111 111lt'll tum than an,. nt her cit\· in thL \\·or ld, and yet the statistics slim\' tha t llur real estate is the most under-\·alued nf. all the large cities. hy compari-;on \\'Ith the oth~ r s. , \Vith the settlement t>f the tract1on problem and with the \\'odd's Fair. \\·hich means to us in the real estate business on ly an ex!Hls ition of the facts regarding the unprcculcnted gro\Yth of Chicago, an incr~ase of :.l million people is going t o hrlllg all 111crease of more than our present billion three hundred milli on ga in in real estate valuation. "Chicago has needed an a\Ya kcnin g to the power of it s real estate Yalue, and I predict that it is to be in e\'idence from now 011. All sig n lhlint in that direction." Acre Sites One and one-half acres of Indian Hill facing directly on third fairwJy Golf Course. Frontage of This propneighborhood. Have funds to loan on choice tmproved North Shore Suburban resldence property at 51h% interest. See us on renewals. A simpk· and artistic birdh ouse aid-; beaut\· to ~·our g rounJs and dra\\'s song ~~~~~~~~~~~~~~~~~b~i~r<~l:--~ · ~t~o_.~"o~t~tr~p~ l a~c~e~·!y~e~a~r~a~f~t~er~y~e~a~r~.~ 10 8. LaSulle St. Suite ?~8 Telepll.ooe FrankiJn ??fft E. G. Pauling & Co. 29 1 feet. proveme~ts. All street im - erty is beyond competi tion tn this Price. $4 5 ,000. One acre tn southwest houses are country home section. All surrounding new . m.ukct .lt Priced below the $22,500. Several Home Bargains Kenilworth This beautiful and very substantial home, owner will sacrifice on account of illness. Unusually attractive reception hall and living room, panelled library, sun parlor, dining room, breakfast room, butler's pantry and kitchen make pp the fi.,-st floor. There are five lovely master chambers, 3 servants' bedrooms and 4 baths. Attached garage for two motor cars. Large beautifully shaded and landscaped grounds. This home has exceptional character and value. For full partic~lars call Mr. Matthews. McGUIRE and ~ ORR "Pioneers of the North Shore" BRANCH OFFICE NORTH SHORE LOANS BAIRD & WARNER Exclusive Agents 541 Lincoln Ave. Winnetka 67 2 5 28 Davis Street Greenleaf 1855 fiiiSTOI BO~ [· l.IJ~ HORTGA~ u E·tabli.hed 1889 lmnMnMMMMMifnnnnnnnnnnnnnnnnMMIIIVV\IWI/\MnMMNinnM 118 Grove St. Greenleaf 5600