Property Tax Appeal Board Decision 2004-23497-R-1 Holland

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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: $7,480
IMPR.: $26,568
TOTAL: $34,080
Subject only to the State multiplier as applicable.
PTAB/CKG
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PROPERTY TAX APPEAL BOARD'S DECISION
APPELLANT: Albertina Holland
DOCKET NO.: 04-23497.001-R-1
PARCEL NO.: 04-35-107-008-0000
The parties of record before the Property Tax Appeal Board are
Albertina Holland, 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 three two-story townhouses of
frame and masonry construction each 35 years old and containing
1,661 square feet of living area with a partial, unfinished
basement and a one 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. The appellant's map indicates the
comparables are located in close proximity to the subject. The
comparables are two-story frame and masonry townhouses that are
12 years old with partial basements, central air conditioning,
and fireplaces. The comparables contain 1800 or 1801 square feet
of living area and have improvement assessments of $21.03 to
$22.77 per square foot. The appellant’s analysis indicates the
subject property has an improvement assessment of $79,704 or
$47.99 per square foot of living area. However, the appellant’s
analysis did not disclose that the subject parcel contains three
separate townhouses. The appellant’s assessment analysis uses
the subject parcel’s total improvement assessment for three
townhouses, but only uses the size and characteristics of one
townhouse in support of the inequity claim. Based on this
evidence, the appellant requested a reduction in the subject's
improvement assessment.