Property Tax Appeal Board Decision 2004-24117-R-1 Patel

              (Continued on Next Page)
Based on the facts and exhibits presented, the Property Tax
Appeal Board hereby finds a reduction 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: $ 3,584
IMPR.: $ 17,909
TOTAL: $ 21,493
Subject only to the State multiplier as applicable.
PTAB/BRW
1 of 4
PROPERTY TAX APPEAL BOARD'S DECISION
APPELLANT: Kaushik Patel
DOCKET NO.: 04-24117.001-R-1
PARCEL NO.: 09-15-109-049-0000
The parties of record before the Property Tax Appeal Board are
Kaushik Patel, 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 41-year old, two-story frame and
masonry townhouse containing 1,427 square feet of living area
with a partial, unfinished basement and central air conditioning.
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 approximately one-half mile from the subject.
According to the appellant's grid analysis, the comparables are
two-story frame and masonry dwellings that are 41 years old.
Each comparable has central air conditioning, but none has a
basement. The dwellings have living areas that contain 1,632
square feet, and their improvement assessments range from $7.49
to $8.20 per square foot. The subject property has an
improvement assessment of $12.73 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. Two are located in the same tax
block as the subject, and two are located four to five blocks
away. The comparables are two-story frame or frame and masonry