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Septembe r 13, 1929 · WILMETTE . LIFE I I l : I I I I I I ~~-----·----------------------------~--------------------------------------------------------------------~ · II II : ld i I .... I I I I I . I I I I I I I I I I I I I I I I I I I I I I I l Opportunit y Bonds on a completed, fully tenanted commercial building; stores and offices. The issue order. lS · I small .... only$20,000.00; we advise immediate $500 Denominations 6Y2 Percent Interest I I I I I I I I I I I I I I I I I SECURITY: This is:-.ue is secured J,y a First ~fortgage on a commercial building, nO\\' erected and fully occupied and a 99 year leasehold on Ian(! 90 feet by 100 feet. The property is located on the north\\·cst corner of \\'a:;hington Street and Custer Avenue, F,·a nston. DUILDIXG: The structure is a brick bttilding C<Hltaining eight stores and. otli.ces. · The-.e arc all leased to high grade bu sines s tenants. The majority oi them ha ,.e beei1 in tht'i r present location for the pa~t t \\' t) year. and han~ leases to run for 3 to 7 years. LOCATIO.:\: The property' is ideally lncated for a commercial building. It fronts 90 icd on \\'ashingtlltl. Street with a depth of 100 feet on Custer :\n~nue. This corner is practically adjacent to the stations of the ~orth\,· estern s team road. 1\ortL Shore Electric and Chic:tgo Ell'\'ated lines. The site is centered in a hc;l\·ily J>tipulate<l area uf excellent quality where the b11ying [ll)\\'tT i..; largl'. V:\LC:\TIO.X AXD 1:\CO~fF : Thl' prPpert~· ;tnd h·a-.L'hold have been apprai. ed at $.~0.000.1l0. Tht· pn·..;ent gros.; income is $9,000.00. The maj.o rity of the Jt-a..,t·:-. ;trc Il l~ ,,· paying at the initial ratC'~ oi rentals "'l.1ich incn·a ..,~ fm111 vcar to year. The $9.000.00 Ill ) \\' hl'ill:.,: patd h ;q,JH·,~xtnl:ltl·ly 7 time - the highest annual intcre-.t rl'quirt·m· ·tJt ·. Pi th l·:-L' First !\fort-gage Bonds. ~f :\ TURITIES: The Bond issue will all be retired in 6 years. As provided in the Trust retirement of Bonds as follows: $500 April $500 April $500 April $500 April $500 April $17,500 April Deed, there will be annual I 15, 15, 15, 15, IS, 15, 19.30 1931 1932 1933 1934 1935 I I I I I I I I I I I I I I I I I I 0\VXEHSHIP: The Bonds are the direct obligation of George ]. Cyrus and Elsie Cyrus, his wife. Mr. Cyrus is a \\'dl known Evanston Realtor. PCRPOSE OF LOAN: Proceeds of this loan have been to rrtire existing obligations. :\11 disbursements made by john F. Hahn, Incorporated. u~ed I TITLE AXD INSURANCE: Chicago Tit le and Trust Company has issued a Title Policy which guarantees these bonds to be a direct first lien against building and lease. hold. Policies for full protection against damage to the structure from fire or windstorm han; been 'written. All installments of principal and interest are payable to the bondholders as due at the ofllce of J()]lll F. Hahn, Inc orporated, 1617 Shrrman A \'Cnue, Evails.ton, Illinoi s. CE:t\EI~:\L: I I I I I I I I I .I I I I I I I I I I I I I I I . I I I }OHN F. HAHN, Incorporated ESTABLISHED 1899 ·I I I I I I I I I I Bonds.- Mortgages.- Real Estate.- Insurance.- Renting 1617 SHERMAN AVENUE EVANSTON Greenleaf 2 700 Rogers Park 5115 ! -------------·-----·----------------------------·--------------·~ ·----------------------------------------