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. . , , . � <br /> ' � 7tsstD�Ci TSONt �AZ•IiA1 <br /> ,AUlIt`!=3� lAOYt 423•Sa�i <br /> AYRI., IE �1�IORRIS <br /> . REALTOR • ' ,��:; ,� <br /> INSURAtVCE • PROPERTY MANAGEMENT • APPRAiSALS �,.�.� w''r` <br /> r. .� �. �,(�_'�, <br /> 210 SECURITY OF�10E BLDG. 243 SOUTN WATER STREET �' '"•t;+�;,�.;�""� <br /> REALTORD <br /> D ECATU R. 1 LL1N015 <br /> November 1, 1978 <br /> Joy B. Kennedy, Realtor <br /> 145 Kaydon Drive <br /> Decata.r, Illinois <br /> RE: Street Vacation; i{nos+n � <br /> as Park Hill Avenue. <br /> 60' xide and 358' long. <br /> Loca.ted bet�reen Lot �13 & <br /> #14 and Lot #11 & ,�12 in the <br /> Second Hill Addn. of <br /> South Decatur. <br /> Dear Joy Kennedy: <br /> Pursuant to your request as per our conference on October 30, 1978� <br /> Ayrlie t4. Moriis has inspected the above captioned stxeet vacation. <br /> The plat atta.ched indicates tha.t there is approxima.tely 21�480 square <br /> feet of strest area, knoxn as Pask HiZl Avenue. <br /> The inspection reveals the portion of land being purposed for <br /> vacation is Hill Park Avenue. Starting at Ka.ydon Drive, South to <br /> Hill Park Drive. <br /> The indicated zoning for the general subdivision is R3 Pla.n <br /> Developement. <br /> The purpose of the inspection is to estimate the fair compensation <br /> in my opinion, that wou3d accure to the purchaser-as a benefit derived <br /> froa the vacation. Soa�e of the benefits of which the recipient xould <br />� recieve as w�l.ue from the vacation are: It xill a1lox 5 or b extra <br /> units in the purposed apartment houses to be built. It �ould also alloK <br /> ar�a for parking a.nd provide yard space. It appeass there are other <br /> service requiring surf'ace easement over said land purposed to be <br /> va.cated. <br /> Based upon the appraisers inspection of the sub�ect property asld his <br /> o inion th <br /> e fair <br /> real est,a.te maxk�t, is of the p <br /> ImoKied e of the . <br /> � <br /> e efZts <br /> com ensa.tion <br /> that xould accure to the purchas <br /> ers from �ihe b n <br /> P <br /> derived frout the described street vacation xould be: <br /> � � , � . <br /> 1� : _. <br /> F�ve Thousand ee r.undred Sevent;� Dollars <br /> (5�37o.oa) <br />