Property Tax Appeal Board Decision 2004-24118-R-1 Patel

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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: $ 3,661
IMPR.: $ 18,798
TOTAL: $ 22,459
Subject only to the State multiplier as applicable.
PTAB/BRW
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PROPERTY TAX APPEAL BOARD'S DECISION
APPELLANT: Y. Patel
DOCKET NO.: 04-24118.001-R-1
PARCEL NO.: 09-15-210-077-0000
The parties of record before the Property Tax Appeal Board are Y.
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 1,672 square feet of living area
with a full, finished 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 three blocks from the subject. According to the
appellant's grid analysis, the comparables are two-story frame
and masonry townhouses 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 $11.24 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 that are located in the same tax
block as the subject. The comparables are two-story frame and
masonry townhouses that are 41 years old. Three comparables have
full, unfinished basements, and one has a full, finished