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But to encourage more sales and make them more affordable, Congress also reduced both the minimum price (from $2.00 to $1.25 (equivalent to $28 in 2024 [1]) per acre ($495 to $309/km 2)) and the minimum size of a standard tract (from 160 to 80 acres (647,000 to 324,000 m 2)). The minimum full payment now amounted to $100, rather than $320. [2]
The claimed homestead could include the same land which they had previously filed a preemption claim (on up to 160 acres at $1.25 per acre, or up to 80 acres of subdivided and surveyed land at $2.50 per acre), and they could expand their current ownership to contiguous adjacent land up to 160 acres total.
After 1860 the township filled up rapidly and little unoccupied land was to be found anywhere in its boundaries. The Will County Plat Atlas, 1862 shows some of the land in Will Township was still owned by the Illinois Central Railroad. It has been reported that the railroad sold land east of Peotone, to early settlers, for $2.50 to $5.00 per acre.
Using local logs, they constructed a 18-by-18-foot (5.5 m × 5.5 m) log cabin on the site. It was here that Abraham split rails for his father's 10-acre (4.0 ha) field, and also "hired out" to split rails for neighboring pioneer farmers, inspiring his later political nickname, the Rail Splitter .
Researchers found that numerous Illinois cities appear in the top 20 with the highest real estate taxes in the The personal finance website SmartAsset analyzed 342 cities across the country with ...
Charles Mound, the highest natural point in Illinois at 1,235 ft (376 m), is located near Scales Mound in Jo Daviess County. According to the U.S. Census Bureau, the county has a total area of 619 square miles (1,600 km 2), of which 601 square miles (1,560 km 2) is land and 18 square miles (47 km 2) (2.9%) is water. [10]
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