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RUDiYI,^!9 PHOXS 413•E6{4 • ' Rt�tD�ttC= TFfO?:= 493-14111 <br /> AY �i. LIE +VSORR. IS <br /> . REALTOR - � "��- - - �1 <br /> � <br /> ItVSIJRANGE • PROPERTY MAtVAGEMENT � APPRAISALS .x�« `'t++r° � �� <br /> � � �� � <br /> 210 SECURITY OFFiCE BLDG. 243 SOUTH WA7ER STREET `�'� '"•t;j�;�.:,•�':•`� <br /> REALTORD <br /> DEGATUR. ILL1N015 <br /> November 1� 1978 <br /> Joy B. �ennedy, Realtor <br /> 145 Kaydon Drive <br /> Decatur, Illinois <br /> RE: Stre�t Vacation; Knoxn <br /> as Park Hill Avenue. <br /> 60' wide and 358' long. <br /> Loca.ted betxeea Lat �13 & <br /> #14 and Lot �il & �#12 in the <br /> Second Hill Addn. of <br /> South Decatur. <br /> Dear Joy Kennedy: <br /> Pursuant to your requsst as per our conference on October 30, 1978, <br /> Ayrlie M. Moriis has inspected the above captioned str�et vacation. <br /> The plat attached indicates tha.t there is approximately 21,480 square <br /> feet of s�reet asea, knoxn as Paxk Hill Avenue. <br /> The inspection reveals the portion of land being purposed for <br /> vacation is Hill Park Avenue. Starting at Kaydon Drive, South to <br /> Hill Park Drive. <br /> The indicated zoning for �'�e �eneral subdivision is R3 Plan <br /> Develope�aent. <br /> The purpese oi the inspection is to estimate the fair compensation <br /> in my opinian, that would accure to the purcr,aser as a benefit de�ived <br /> fron the vacation. Some of the benefits of �rhich the recipient xould <br /> recieve as value from the va.cation are: It �ill a11ox 5 or 6 extra <br /> units in the purposed apa.rtment houses to be bui1.�. It would also a11oW <br /> area for �arkiag and provide yard space. It apgP�ars there are other <br /> service requiririg surface eas�ment over said land purposed to be <br /> vacated. <br /> Based upon the appraisers inspection of the subject property and his , <br /> knoxledge of the real estate market, is of the opinion the fair <br /> compensa.tion tha.t xou?d accure to the purcha.sers from the benefits <br /> derived from the described street vacation xou2d be: , <br /> �- � .. �. • ' <br /> z--s :. <br /> r�ve Thousand '�ee nundred Sevent;� Dollars <br /> (5,3fio.00) , <br /> BooK��94 ��ac�299 <br />