Hammond Times, Volume 14, Number 91, Hammond, Lake County, 3 October 1919 — Page 8
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K is this fact about growing Cities that provides your opportunity for making a neat fortune in Real Estate: The choice Residential Property of Twenty-five years ago comprises the slums of today; But -your cKance to make money lies in the fact, absolutely undisputed, that llTie .Cheap Outlaying Lots of Today; if Wisely Selected; are Sure to be the High Grade Residential Sites of Tomorrow! To determine what Lots are going to participate in these great future increases in value you must consider what the natural advantages are and then what development has actually taken place or is positively assured. MAYWOOD is Still in the Makins-Hence; Values Have Not Yet Reached Their Peak'
Jiow Hammond Has Changed T1LLKTY YIA-R3 AGO the Eon wood or (rle'ndale district of v. a.rr.viwTif) waa located north of 1-iuiruuer avea.ua and tlie aoicli-ig--.u Contral tracks opposite tiie carleioa liotcl whtra several acre of ground b along" in- to tua Hammond Fackin' coxa. pujiy ii-l been set a&uie for tlie tiicu pila'-ial liomes of Tlioniaa hj.ni.uuau, X. H. Bell and J. Jo. Wumdr, tfc.e local captains of ia.au ei try oi tlxat day. It Is liard to believe tiiat ia tiiia district, now leguruea as positively uu. aviditi.t for residential pur. posos, Hammond's nnest bomes were located and lawn parties and otiier social affairs brought to tius now desolate scene &4 of tne STayiety tiiat the Ham. Lionel cl its pioneer days could muster. TWE:rTY-rxvE tteabs aoo fLae residential districts wen developed on Truman, Hichifcan and Indiana avenues, east of Hohman street, where the public library was built and the city tall located. Henry Kueha had the hnest business block ia the city at the corner of Hohxnan and Lcfan streets. Today mall faconties, garages, laun. ar.eb, foundries and tumbled down residential properties oc. cupied for the most part by the transient renting- class, have re. placed the home owner who built up the district close to Sohman street. TWENTY YEAiS AOO the c hoi Co residential district of the city had become fairly weji established on Hit bach avenue la the close ia territory and oa East Ogrden street farther out. There Hammond's nnest homes of the day were built and there the leaders la civic, industrial, social and religious activities of the city made their homes. The South Bide, south of Carroll street, was Just being- laid out; was Just being- thought of as tlie future hig-h grade residential section of the city. I-UTEEN YEARS AOO the far-sighted investors of the city Cbeg-an to see the trend of the growth of Hammond to the southward and eastward. Pur. chasers anticipating this made neat fortunes cut of the snbse. Quest development of the city, although that development was crude and poorly thougTit out compared with the newer residential di st riots of today. TEN YEAKS AOO, following1 the Standard boom, the owners of acreage between Calumet and Columbia avenues bejran to develop their properties with the result that May street. Car. roll street, Becker, Bauer, Drackert and Eaton streets have become the most attractive residential sections of the caty. FTTH YEAB.3 AOO we "beg-a the development of the Bam. moal B.ealty Company and Miyvood additions, a develop, meat so thorough, so well thouglit out, so substantial, so logical and well advised that Haywood today Is rewarded with more enthusiasm by the residents within Its borders and values have Increased more con. Bi stoutly than la any other section of the city.
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Study the above map. See the ideal environment of May-wood. The park through the center, the modern TJ. S. government housing project east of faywood, the location of the Industrial High School, the prvision for schools and churches. Study the streets nnd then come in and let us shoV you the detailed selling plat showing all sold lots marked off in red. No real estate proposition offered in years shows as much promise, such an immediate future as Maywood.
Why You Ought to Buy a Lot A FaOrE33ZNAX. UAH suddenly oleoovered that his health was broken and that it would take months or years before he coula get back into the practice. He had always earned enoofb to gratify every reasonable wish ox himself and family. He had always lived well, but he had nothing laid aside. Kis new discovery of his failing' health put him bang up against the realization of tne xact that, up to date, his career bad been a failure, ai. thoug-h renerally believed to have been a success. Certain poverty for himself and family stared Mm la the face. Be had failed to save in the years of his greatest productivity. TSE frAI.rt B-TT.P iLaN U apt to take it for granted that his salary Is a pension. Be forgets that petting it Is contin. eeat oa his performance. When he epends every cent for clothes, hirb. living' and plea, ore and fails to provide a home for himself and a bank account for an emergency he is unfaithful to his trust. The way to get a home is to buy a lot on the installment plan and pay for it. After that, building a home is possible. THIS IS THE EBA OP KXQH WAOS3, but there is no oer. taiaty that hig-h wag's s will continue indefinitely. There is bound to be a gradual r-cU Justment. The best time to save is while . wafes are high and you can squeeze out a surplus, in 1893 men worked for Sl.OO a day. Today many of the working-men of this district averag-e Sl-OO an hour. TakingInto consideration the high oost of living-, no one will deny that even today you can save more oa Sl.OO aa hour than you could oa $1.00 a day. So if you don't buy a lot now aad get a start for a home, bow caa you ever do Itr TKAPS THAT AXE I a TP rOB YOUR MONEY. Tne man who Intends to save the whole price of a house before be buys never g-ets one. There is that alluring- oil stock and the pro. xnoter who tells you any-thlnf la order to sell It. So you know that fifty Hammond peo. pie, people you thoutrnt bad rood sense, bought lots in aa imaginary IKS cblyan summer resort, lots they had sever seen. And substantial Hammond citizens leat their aames to the project. Bemember the score of Industrial failures that claimed Hammond dollars. Then stop and think bow few people you know have lost their homes once tney rtarted to buv. -WHAT IP I GET SICK AJTB X.OSE KT JOB." A reputable real estate dealer never fore, closes a contract If it is possible for the purchaser to pay. The Hammond Realty Co., the owner of IXaywood, carried scores of contracts thro turn past bard times and only de. manded payment when it knew the owner of the contract could pay. Then, too, you always stand a better chance of selling' your contract ia a subdivision like Maywood where actual de. velopment Is taking place.
Every Growing City Like Hammond Changes Rapidly To build a new home in an old section of the city is folly. Money in real estate is made by buying cheap lots in the direction of the growth of the city. If you buy in restricted territory, where streets are improved, where the better class of residences are being built, you will not only always be able to sell for a profit but you will positively not lose any money. People Won't Build Fine H ouses pn Unpaved Streets Place your dollars in a district where rapid development is assured. Rapid development can only come where sidewalks, sewers, pavements and public utilities such as water, gas and electricity are already in. Maywood is a finished subdivision. Even iee delivery service is established. Some districts have to wait years for that. Look at Maywood's Development and Then Act Qciickly This is no blue sky, get rich quick, oil stock, anything to get the money proposition. 1. A $35,000.00 park, twenty acres in extent, now being' improved by the city, extends right through the middle of Maywood. Look what Harrison Park did for Homewtod. 2. The Industrial High School to cost $350,000.00 when all units are completed, where 700 high school students now attend, is but two blocks from the subdivision. 3. The $250,000.00 Lyndora hotel and the $1,000,000.00 United States government housing project are just across Columbia avenue from Maywood, creating an ideal environment. 4. The Hammond, Whiting & East Chicago Electric Railway Co. operates a fifteen minute street car service on Columbia avenue within TWO BLOCKS of every residential lot in Maywood. Development always follows car service, and goodness knows street car ey tensions come only once in a lifetime in Hammond. 5. THIRTY (30) fine residences costing over $120,000.00 have been built by PRIVATE enterprise and by private initiative and have all been SOLD, NOT RENTED, to good American citizens who are taking great pride in beautifying the grounds.
These Are Facts Not Promises Maywood is not a $1.00 down and $1.00 a week proposition. It is the real goods. READER: You Have Got to Do Your Part We can't possibly know that you are interested in Maywood unless you call us up by phone or come into our office and talk over Maywood with us. We can't possibly help you to decide between this honest, good as wheat proposition and some "wild cat" lot proposition out in the jungle unless you come in and see us at once. Buy a Lot and Save Money For a Home Every clerk in an office, every stenographer, every growing business man, every factory worker, every professional man, every young man on a salary ought to start paying on a lot. Our Terms Are Just As Easy Our Prices Are Just As Low Five hundred and twenty-five Dollars ($525.00 buys a CHOICE Thirty-five (35) foot lot. Twenty-five dollars ($25.00) down and ten dollars ($10.00) a month. We have forty-four (44) 35-foot lots for $455.00 each. We have one hundred and three (103) 35-foot lots for $525.00 each. We have thirty-four (34) 35-foot park front lots for $700.00 each. We have seven (7) 25-foot business lots on Columbia Ave. for $500 each. When these lots are sold you will have to go two miles farther out and then wait long weary years for development. This is the last close in property. We Are No Mind Readers You Must Let Us Know You Are Interested
MAKTI REAL ESTATE
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COMPANY
OPERATORS
Office Hammond Trust & Savings Bank.' Corner Hohman and Fayette Sts. ' Our Office IS Open Every Evening. After Bank Closes Phone Hammond 51 Use the Fayette Street Entrance Representatives on Property Oct. 3 to 1 1 Inclusive
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