Property Tax Appeal Board Decision 2003-30840-R-1 Degregorio

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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: $3,569
IMPR.: $18,753
TOTAL: $22,322
Subject only to the State multiplier as applicable.
PTAB/CKG
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PROPERTY TAX APPEAL BOARD'S DECISION
APPELLANT: Philip Degregorio
DOCKET NO.: 03-30840.001-R-1
PARCEL NO.: 27-21-203-031-0000
The parties of record before the Property Tax Appeal Board are
Philip Degregorio, 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 six-year old, one-story
townhouse of masonry construction containing 1,896 square feet of
living area with a full, finished basement, central air
conditioning, and a two car garage.
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 three-quarters of a mile from the
subject. The comparables are one-story or two-story frame and
masonry townhouses that are 7 or 8 years old with no basements,
central air conditioning, and a fireplace. Their living areas
are 1,851 or 1,979 square feet in size, and have improvement
assessments of $7.66 to $7.96 per square foot. The subject
property has an improvement assessment of $9.89 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
three suggested comparable properties located on the same block
as the subject. The comparable properties consist of one-story
masonry townhouses that are six years old with central air
conditioning and two car garages. One comparable has a full,