Property Tax Appeal Board Decision 2004-26429-R-1 Steinschneider

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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: $ 5,283
IMPR.: $ 61,783
TOTAL: $ 67,066
Subject only to the State multiplier as applicable.
PTAB/cck/2-19
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PROPERTY TAX APPEAL BOARD'S DECISION
APPELLANT: Tara Steinschneider
DOCKET NO.: 04-26429.001-R-1
PARCEL NO.: 17-06-121-048-0000
The parties of record before the Property Tax Appeal Board are
Tara Steinschneider, the appellant, and the Cook County Board of
Review.
The subject property is improved with a three–story, masonry
exterior constructed multi-family dwelling that contains 6,075
square feet of living area. The dwelling is 102 years old and
consists of five apartment units. The building also features a
full unfinished basement. The property is located in the 1300
block of N. Hoyne in Chicago, West Chicago Township, Illinois.
The parties presented no objection to a decision in this matter
being rendered on the evidence submitted in the record.
Therefore, the decision of the Board contained herein shall be
based upon the evidence contained in and made a part of this
record.
The appellant contends assessment inequity in the assessment of
the subject's improvements as the basis of the appeal; no dispute
was raised as to the land assessment. In support of this equity
argument, the appellant provided descriptions and assessment
information of four comparable properties; also submitted was
documentation of appellant's appeal filed with the Cook County
Board of Review that included photographs of the subject and of
three of the four comparable properties described in the
appellant's grid analysis.
The comparables all have the same neighborhood code assigned by
the assessor as the subject property and all the properties are
located on either the 1100 or 1300 block of the same street as
the subject property. The comparables were described as being
improved with three–story masonry exterior constructed multi-family
dwellings that were either 102 or 105 years of age. Two