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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:
DOCKET NO. PARCEL NO. LAND IMPR. TOTAL
05-26579.001-I-1 18-04-212-004-0000 $ 6,356 $ 529 $ 6,885
05-26579.002-I-1 18-04-212-006-0000 $ 9,906 $ 826 $ 10,732
05-26579.003-I-1 18-04-212-007-0000 $ 2,023 $ 168 $ 2,191
05-26579.004-I-1 18-04-213-002-0000 $21,533 $113,330 $134,863
05-26579.005-I-1 18-04-213-010-0000 $ 2,446 $ 13,883 $ 16,329
Subject only to the State multiplier as applicable.
PTAB/lbs/08 1 of 6
PROPERTY TAX APPEAL BOARD'S DECISION
APPELLANT: James R. Burgener
DOCKET NO.: 05-26579.001-I-1 through 05-26579.005-I-1
PARCEL NO.: See below.
The parties of record before the Property Tax Appeal Board are
James R. Burgener the appellant, by attorney Patrick J. Cullerton
of Thompson Coburn Fagel/Haber, Chicago, and the Cook County
Board of Review.
Located in Lyons Township, Cook County, the subject property
consists of 44,145 square foot parcel improved one-story and part
two-story masonry and steel constructed industrial building
containing 24,530 square feet of building area. The original
building was constructed in the early 1900's with subsequent
additions in 1955, 1969 and 1970. The building is fully
sprinklered; has 12 to 16 foot clear ceilings; one truck level
dock; and one grade level drive-in door.
The appellant, through counsel, presented evidence before the
Property Tax Appeal Board arguing that the fair market value of
the subject was not accurately reflected in its assessed value.
In support of that argument, an appraisal summary report was
proffered. The report was authored by John F. Clark of John F.
Clark & Associates, Inc., Elizabeth, Illinois. The appraisal
revealed Clark is a State of Illinois certified real estate
appraiser and holds the Member of the Appraisal Institute (MAI)
After an examination of the subject site, building, neighborhood
and environs, the report indicated the appraiser determined the
subject's highest and best use as improved; its current use.