Property Tax Appeal Board Decision 2005-22822-R-1 Meier

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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: $5,312
IMPR.: $16,723
TOTAL: $22,035
Subject only to the State multiplier as applicable.
PTAB/CKG
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PROPERTY TAX APPEAL BOARD'S DECISION
APPELLANT: Thomas Meier
DOCKET NO.: 05-22822.001-R-1
PARCEL NO.: 15-34-431-041-0000
The parties of record before the Property Tax Appeal Board are
Thomas Meier, 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 52-year old, one and one-half
story dwelling of masonry construction containing 1,081 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 and Exhibit 1 listing three additional
comparables. The appellant's map indicates the comparables
listed on the grid analysis are located one mile from the
subject. The comparables are one-story frame or masonry
dwellings that are 55 or 56 years old with no basements. One
comparable has central air conditioning. Their living areas are
from 1,033 to 1,350 square feet in size, and have improvement
assessments of $12.47 to $12.65 per square foot. The additional
comparables are 1,232 to 1,338 square feet in size and have
improvement assessments of $12.72 to $12.99 per square foot. The
subject property has an improvement assessment of $18.96 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
four suggested comparable properties. Three comparables are
located in the same tax block as the subject and one comparable