Property Tax Appeal Board Decision 2003-24937-C-3 SBC

              PTAB/KPP
1 of 4
PROPERTY TAX APPEAL BOARD'S DECISION
APPELLANT: SBC
DOCKET NO.: 03-24937.001-C-3
PARCEL NO.: 07-09-400-038
The parties of record before the Property Tax Appeal Board
(hereinafter PTAB) are SBC, the appellant, by Attorney Huan C.
Tran with the law firm of Flanagan & Bilton in Chicago; the Cook
County Board of Review by Assistant State's Attorney Charles
Cullinan with the Cook County State's Attorneys Office in
Chicago; and the intervenors, Palatine Township High School
District #211 and Schaumburg Community Consolidated School
District #54, both by Attorney Michael Hernandez with the law
firm of Franczek Sullivan PC in Chicago.
Pursuant to Section 1910.73 of the PTAB's official rules, several
pre-hearing conferences were held at which time the proper notice
having been given the parties were present. As a result of said
conferences, the parties reached an agreement as to the correct
assessment of the subject property. This assessment agreement
was presented to and considered by the PTAB.
After considering the evidence and reviewing the record, the PTAB
finds that it has jurisdiction over the parties and the subject
matter of this appeal. The PTAB further finds that the assessed
valuation proposed by the parties is appropriate.
Based on the facts and exhibits presented, the PTAB 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: $ 299,222
IMPR.: $ 906,978
TOTAL: $ 1,206,200
Subject only to the State multiplier as applicable.