News

Illinois farmland once owned by Lincoln sells for $300,000

A retired farmer in the central Illinois city of Charleston sold his family’s 590-acre farm, which includes the 30-acre plot once owned by the nation’s 16th president.

The (Charleston) Times-Courier and Mattoon Journal-Gazette report s that the remaining 560 acres sold for $3.9 million Tuesday morning, or about $7,000 an acre.

The land once owned by Lincoln went for $10,000 an acre. A representative says the buyer wants to remain anonymous. Plans for the land have not been revealed.

Lincoln bought 40 acres in 1841 from his cash-strapped father. Six acres became part of the current Lincoln Log Cabin State Historic Site. The remaining 34 acres were eventually sold.
Read more on Toronto Star
News Topics :
Similar Articles :
World
A retired farmer in the central Illinois city of Charleston is selling his family’s 590 acre farm, which includes a 30 acre plot once owned by the nation’s 16th president. Ron Best,...
Entertainment
The only remaining property in Prince ’s real estate portfolio is up for auction, and the executors of the late singer’s estate saved the best for last. A New York auction...
Business
A commercial real estate agent calls a farmer, asking if there is any land for sale in the area. The farmer replies, If there were, I wouldnt tell you. This...
Business
Myshak Crane & Rigging has relocated to the Fulton Industrial Park, a 525 acre site under development by Resland Development Group at Highway 22X and Range Road 28. Supplied / Calgary...
World
The automaker made the announcement about Belvidere on Tuesday, shortly after announcing the $4.5 billion Michigan investment that includes a new Detroit assembly plant. Company spokeswoman Jodi Tinson says they...