Property Tax Appeal Board Decision 2004-24560-R-1 Farmer

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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: $ 10,000
IMPR.: $ 39,887
TOTAL: $ 49,887
Subject only to the State multiplier as applicable.
PTAB/BRW
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PROPERTY TAX APPEAL BOARD'S DECISION
APPELLANT: R. Farmer
DOCKET NO.: 04-24560.001-R-1
PARCEL NO.: 09-26-400-016-0000
The parties of record before the Property Tax Appeal Board are R.
Farmer, 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 is a 75-year old, two-story masonry dwelling
containing 1,825 square feet of living area with a full,
unfinished basement and a two-car garage.
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. On the appellant's map, the comparables
are located in the same general area as the subject. According
to the appellant's grid analysis, the comparables are two-story
frame dwellings that are 106 to 169 years old. Three comparables
have unfinished basements, and one has a partial basement. One
comparable has a fireplace. The dwellings have living areas that
contain 1,992 to 2,156 square feet, and their improvement
assessments range from $15.07 to $17.83 per square foot. The
subject property has an improvement assessment of $21.86 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 assessment was disclosed. In
support of the subject's assessment, the board of review offered
property characteristic sheets and a spreadsheet detailing four
suggested comparable properties. The comparables are located one
to three blocks from the subject. The comparables are two-story
masonry dwellings that are 56 to 83 years old. Two comparables