(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:
DOCKET # PIN LAND IMPROVEMENT
04-22154.001-I-1 12-27-213-005 $ 7,238 $ 32,762 $ 40,000
04-22154.002-I-1 12-27-213-006 $ 7,141 $ 32,859 $ 40,000
04-22154.003-I-1 12-27-213-007 $ 7,042 $ 32,958 $ 40,000
04-22154.004-I-1 12-27-213-008 $ 6,945 $ 33,055 $ 40,000
04-22154.005-I-1 12-27-213-009 $ 6,847 $ 23,153 $ 30,000
04-22154.006-I-1 12-27-213-010 $11,017 $ 8,983 $ 20,000
04-22154.007-I-1 12-27-213-011 $55,944 $107,256 $163,200
04-22154.008-I-1 12-27-214-009 $79,336 $ 83,864 $163,200
Subject only to the State multiplier as applicable.
PROPERTY TAX APPEAL BOARD'S DECISION
APPELLANT: Chicago Hardware & Fixture Co.
DOCKET NO.: 04-22154.001-I-1 thru 04-22154.008-I-1
PARCEL NO.: See Below
The parties of record before the Property Tax Appeal Board
(hereinafter PTAB) are Chicago Hardware & Fixture Co., the
appellant, by attorney Terrence J. Griffin with the law firm of
Eugene L. Griffin & Associates in Chicago and the Cook County
Board of Review.
The subject property consists of an 117,421 square foot parcel of
land containing a one-story, masonry, industrial building
constructed in stages and containing 90,422 square feet of floor
area and 4,923 square feet of mezzanine storage area. The
appellant, via counsel, argued that the market value of the
subject property is not accurately reflected in the property's
assessed valuation as the basis of this appeal.