Property Tax Appeal Board Decision 2004-24096-R-1 Shah

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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: $3,292
IMPR.: $17,426
TOTAL: $20,718
Subject only to the State multiplier as applicable.
PTAB/CKG
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PROPERTY TAX APPEAL BOARD'S DECISION
APPELLANT: Manish Shah
DOCKET NO.: 04-24096.001-R-1
PARCEL NO.: 09-15-110-016-0000
The parties of record before the Property Tax Appeal Board are
Manish Shah, 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 frame and masonry construction containing 1,327
square feet of living area with a partial, 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 one-half mile from the subject.
The comparables are two-story frame and masonry townhouses that
are 41 years old with no basements and central air conditioning.
Their living areas are 1,632 square feet in size, and have
improvement assessments of $7.49 to $8.20 per square foot. The
subject property has an improvement assessment of $13.13 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 or
two blocks from the subject. The comparable properties consist
of two-story frame and masonry townhouses that are 41 or 42 years
old. Three comparables have partial, unfinished basements and
one comparable has a full, unfinished basement. One comparable