Property Tax Appeal Board Decision 2004-24114-R-1 Romero

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Based on the facts and exhibits presented, the Property Tax
Appeal Board hereby finds no change in the assessment of the
property as established by the Cook County Board of Review is
warranted. The correct assessed valuation of the property is:
LAND: $3,198
IMPR.: $13,081
TOTAL: $16,279
Subject only to the State multiplier as applicable.
PTAB/CKG
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PROPERTY TAX APPEAL BOARD'S DECISION
APPELLANT: Gilbert Romero
DOCKET NO.: 04-24114.001-R-1
PARCEL NO.: 09-29-228-040-0000
The parties of record before the Property Tax Appeal Board are
Gilbert Romero, the appellant, by attorney Rusty A. Payton of the
Law Offices of Rusty A. Payton, P.C., Chicago, Illinois; and the
Cook County Board of Review.
The subject property consists of a 42-year old, two-story
townhouse of masonry construction containing 1,148 square feet of
living area with a full, unfinished basement.
The appellant submitted evidence before the Property Tax Appeal
Board claiming unequal treatment in the assessment process as the
basis of the appeal. In support of the equity argument, the
appellant submitted a grid analysis detailing four suggested
comparable properties located in close proximity to the subject.
The comparables are two-story masonry townhouses that are 44 or
45 years old with unfinished basements. One comparable has
central air conditioning. Their living areas are 1,152 or 1,184
square feet in size, and have improvement assessments of $8.45 to
$9.07 per square foot. The subject property has an improvement
assessment of $11.39 per square foot. Based on this evidence,
the appellant requested a reduction in the subject's improvement
assessment.
The board of review submitted its "Board of Review Notes on
Appeal" wherein the subject's final assessment was disclosed. In
support of the subject's assessment, the board of review offered
the property characteristic sheets and a spreadsheet detailing
four suggested comparable properties located on the same block as
the subject. The comparable properties consist of two-story
masonry townhouses that are 42 or 45 years old. Three
comparables have full, unfinished basements and one comparable
has a full, finished basement. The townhouses contain 1,148 or