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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: $ 1,027
IMPR.: $ 14,543
TOTAL: $ 15,570
Subject only to the State multiplier as applicable.
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PROPERTY TAX APPEAL BOARD'S DECISION
APPELLANT: Gloria Ryan
DOCKET NO.: 04-20100.001-R-1
PARCEL NO.: 16-07-327-20-1014
The parties of record before the Property Tax Appeal Board are
Gloria Ryan, the appellant; and the Cook County Board of Review.
The subject property is a residential condominium unit that
contains 1,169 square feet of living area. The unit is located
in a three-story brick building that was constructed in 1925.
The property is located in Oak Park, Cook County.
The appellant contends assessment inequity as the basis of the
appeal. In support of this argument the appellant provided
assessment information on three comparable condominium units
located in the subject's building. The comparables contained
either 1,169 or 1,203 square feet of living area. These
properties had total assessments ranging from $13,726 to $15,873
and improvement assessments that ranged from $12,820 to $14,967
or from $10.66 to $12.80 per square foot of living area. The
subject property had a total assessment of $17,599 and an
improvement assessment of $16,572 or $14.17 per square foot of
living area. Based on this evidence the appellant requested the
subject's improvement assessment be reduced to $12,697 or $10.86
per square foot of living area.
The board of review did not submit its "Board of Review Notes on
Appeal" or any evidence in support of its assessed valuation of
the subject property.