Property Tax Appeal Board Decision 2004-25484-I-1 950 Morse, LLC

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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: See Page 4
IMPR.: See Page 4
TOTAL: See Page 4
Subject only to the State multiplier as applicable.
PTAB/0570JBV
1 of 3
PROPERTY TAX APPEAL BOARD'S DECISION
APPELLANT: 950 Morse, LLC
DOCKET NO.: 04-25484.001-I-1 and 04-25484.002-I-1
05-25074.001-I-1 and 05-25074.002-I-1
06-22411.001-I-1 and 06-22411.002-I-1
PARCEL NO.: 08-34-102-031 and 08-34-102-032
The parties of record before the Property Tax Appeal Board
(hereinafter PTAB) are 950 Morse, LLC, the appellant, by attorney
Michael E. Crane with the law firm of Crane and Norcross in
Chicago and the Cook County Board of Review.
The subject property consists of two parcels of land containing
140,000 square feet and improved with one-story, masonry
constructed, one-story, industrial building with 28,780 square
feet of building area. The appellant, via counsel, argued that
the market value of the subject property is not accurately
reflected in the property's assessed valuation as the basis of
this appeal.
The PTAB finds that these appeals are within the same assessment
triennial, involve common issues of law and fact and a
consolidation of the appeals would not prejudice the rights of
the parties. Therefore, under the Official Rules of the Property