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Encyclopaedia Britannica, 11th Edition, "Châtelet" to "Chicago", Volume 6, Slice 1

Note 5 — VOLUME VI slice I Châtelet to Chicago (continued 11)

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The highest value ever paid in Chicago for land actually sold, up to 1901, was $250 per sq. ft. (1892); a few rental contracts have been based upon an assumed higher value. A municipal ordinance placing the extreme construction at 150 ft. was repealed in 1902.

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