Hammond Times, Volume 15, Number 83, Hammond, Lake County, 27 September 1921 — Page 8
H- X' Mlimiiimummiilf IllHlillHHllilllitliHlllllilitliillHlllllillHHItilllHMM tmill""iHiHUMttllllM ake Money On the IrresistaMe Southward Trend. 1 1 TOWARD MADISON TERRACE The growth and development of great centers of population, with resulting increases in real estate values, may always be accounted for by some simple explanation. TO ILLUSTRATE : , Gary came into being for the simple reason that at the southern extremety of Lake Michigan, where rail and lake communication met, IRON ORE, LIMESTONE AND COAL CAN BE MADE INTO IRON AND STEEL CHEAPER than at any other place in the United States. Seattle became one of the great Pacific ports because it is 500 miles closer to Oriental markets than San Francisco. The Astor and other enormous New York fortunes were the result of the simple circumstance that their grandfathers owned extensive farm lands in the path of the inevitable trend of NEW YORK CITY.
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In every growing city conspicuous fortunes have been made by those with foresight to acquire real estate in the path of the inevitable trend of suburban and urban development.
Consider these Important Facts 1 Hammond has doubled its population since 1 91 0 -eleven years. 2 Hammond is the acknowledged residential district of the group of cities including Whiting, East Chicago, Indiana Harbor, W est Hammond and other Illinois towns within a five-mile radius, with combined population of ONE HUNDRED AND FIVE THOUSAND people. 3 The population of this district doubled in the last ten yeari. A There is the positive certainty that it will double in the next ten years.
Hammond Must Make Room for Another 40,000 People in the Next Ten Years Where are You Going to Put Them? For the first time in twenty years Hammond has absorbed all of the subdivided property between the State Line and Standard Steel car plant, and between the river and Standard Avenue. The lots that are left in this district will not provide the needs of ONE NORMAL BUILDING SEASON.
Saturday October 1st
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All Avenues of Development But One, BLOCKED You can't go east because of the Standard Steel Car Company plant site. You can't go west because of Forest Preserves and the Hammond Country Club. You can't go north because that is the old residential district and is built up.
You Must Go South
You people in the older sections of Hammond who have seen your neighborhoods go back; who have seen the invasion of undesirable neighbors ; you people who want to build a new and modern home in an ideal environment.
Come to
ison Terrace
Big Sale Next Saturday and Sunday Oct 1 and 2 . Tract Office Located . CORNER CALUMET AND STANDARD AVES. Hammond, Indiana
BARGAIN PRICES EASIEST TERMS NOW THE TIME TO BUY
TKe Housing sKortage is still tremendous. This will become more serious as the industries open up. the Landis decision. The few things that remain to be ironed out will be taken care of this winter. BUILDING BOOM
The building situation has been cleared up by 1922 WILL BE THE YEAR OF THE BIG
iUY YOUR LOT NOW OR YOU WILL BE OUT
ON TERRACE REALTY COMPANY, Owner
ROSCOE WOODS, President
FRANK R. MARTIN, Vice President FRANK HAMMOND, Secretary WOODS, MARTIN & COMPANY
J- a PAXTON, Treasurer
ROSCOE E. WOODS, President EXCLUSIVE AGENTS PHONE HAMMOND 51
OFFICE: HAMMOND TRUST & SAVINGS BANK
FRANK R. MARTIN, Secretory-Treasurer TRACT OFFICE:
CORNER CALUMET AND STANDARD AVES.
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