Hammond Times, Volume 15, Number 232, Hammond, Lake County, 16 June 1922 — Page 13

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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 simpe 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 I trend of NEW YORK CITY. 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. The simple circumstance that Madison Terrace lies astride the path of the rapid southward expansion of Hammond on high wooded ground at the immediate edge of the built up section of the South Side on three of Hammonds most important thoroughfares, Calumet, Madison and Standard avenues assures the quick development of this subdivision and resulting rapid increases in values. . ' '

Consider These Important Facts 1 Hammond has doubled its population since 1910 eleven years. 2 Hammond is the acknowledged residential district of the group of cities including Whiting, East Chicago, Indiana Harbor, West 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 ristrict doubled in the last ten years. 4 There is the positive certainty that it will double in the next ten years.

Hammond Must Make Room for Another 40,000 People in Next 10 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 tat left in this district will not provide the needs of ONE NORMAL BUILDING SEASON.

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All Avenues of Development hut one, BLOCKED You can't go east because of the Standard Steel Cafr Company plant site. You can't go west because of Forest Perserves 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. a COME TO Madison Terrace LOT SALE Next Saturday and Sunday JUNE 17 and 18 Tract Office Located CORNER MADISON AND STANDARD AVES. Hammond, Indiana.

BARGAIN RRICES EASIEST TERMS -NOW" IS THE TIME TO BUY! The housing shortage is still tremendous. This will become more serious as the industries expand. THE BIG BUILDING BOOM IS UNDER WAY. MEANS A BIG DEMAND FOR VACANT LOTS.

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(Qirainndl Prfise D3strflbimtfl(Dini by. AercDpflsiiiii Next Ssitiuiirdlaiy aurndl Stmnidsiy Afternoon

WOOD

MARTIN &. COMPANY

R0SC0E E. WOODS, President OFFICE: HAMMOND TRUST & SAVINGS BANK

EXCLUSIVE AGENTS PHONE HAMMOND 51

FRANK R. MARTIN, Secretary-Treasurer TRACT OFFICE: CORNER CALUMET AND STANDARD AVES.

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