Property Tax Appeal Board Decision 2005-01398-R-1 Archacki

              (Continued on Next Page)
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 McHenry County Board of Review is
warranted. The correct assessed valuation of the property is:
Docket No. Parcel No. Land Improv. Total
05-01398.001-R-1 09-25-200-003 8,970 0 $8,970
05-01398.002-R-1 09-25-200-004 20,707 0 $20,707
Subject only to the State multiplier as applicable.
PTAB/EEB/Sept.07/2005-01398
1 of 5
PROPERTY TAX APPEAL BOARD'S DECISION
APPELLANT: Stanley and Sharon Archacki
DOCKET NO.: 05-01398.001-R-1 and 05-01398.002-R-1
PARCEL NO.: 09-25-200-003 and 09-25-200-004
The parties of record before the Property Tax Appeal Board are
Stanley and Sharon Archacki, the appellants, and the McHenry
County Board of Review.
The subject properties consist of two vacant parcels located in
an unincorporated part of McHenry Township. One parcel measures
40,946.4 square feet or 0.94 acres, and the other measures
94,525.2 square feet or 2.17 acres.
The appellants appeared before the Property Tax Appeal Board
claiming unequal treatment in the assessment process as the basis
of the appeal. In support of the inequity claim, the appellants
submitted four comparable properties located in close proximity
to the subject. The comparables range from 45,738 square feet or
1.05 acres to 220,413.6 square feet or 5.06 acres and have land
assessments ranging from $7,003 to $18,129 or from $0.07 to $0.15
per square foot of land area. The subject properties have land
assessments of $8,970 and $20,707 or $0.22 per square foot of
land area. The appellants argued the subjects' market values are
diminished because of the building and zoning restrictions placed
on the properties which would require a shared driveway. Based
on this evidence, the appellants requested a reduction in the
subjects' land assessments to $2,500 and $5,500 or $0.06 per
square foot of land area.
The board of review presented its "Board of Review Notes on
Appeal" wherein the subject properties final assessments of
$8,970 and $20,707 were disclosed. In response to the appeal,
the board of review submitted a letter prepared by the township
assessor and an assessment analysis detailing three suggested