|Mike Franklin comment on Barry Love posting|
It remained a major player throughout the 1940s, but a series of missteps in its attempts to enter the then-new field of ballpoint pens hurt the company badly. In 1957 the Parker Pen Company acquired Eversharp. The Eversharp name was used for a time, but within a few years the production of Eversharp pens and pencils had come to an end.
|1938 Aerial Photo by ILHAP|
Even though it was right next to the C&NW tracks, it looks like it was never served by rail. It was surrounded by residential buildings.
During the depression the neighborhood fell on hard times. By 1970, homes built by workers at Riverview Amusement Park were selling for $20,000. Community organizations were created to address gang crime. "By the mid-1970s, both suburban and city residents were beginning to rediscover the solid housing stock and convenient transportation of the Village. The area began to attract “urban pioneers” who bought two-flats here specifically to fix them up, restore them to their former glory, and to live in them. In 1990, the purchase and condominium conversion of the Eversharp Building, better known as the “pencil factory” at 1800 West Roscoe Street, caught the attention of the whole City." "This lit a fire under housing and development in the Village, and property values rose dramatically. Buildings that sold for $20,000 in 1971 were now selling for up to $400,000, and by 2000 a few were listing as high as $800,000." [RoscoVillage]