Property Tax Appeal Board Decision 2003-25194-R-1 Waldron

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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 Imprv. Total
03-25194.001-R-1 14-28-118-046-0000 $28,717 $50,136 $78,853
03-25194.002-R-1 14-28-118-047-0000 $11,092 $20,345 $31,437
Subject only to the State multiplier as applicable.
PTAB/5482
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PROPERTY TAX APPEAL BOARD'S DECISION
APPELLANT: Frank J. and Vivian Waldron
DOCKET NO.: 03-25194.001-R-1 and 03-25194.002-R-1
PARCEL NO.: 14-28-118-046-0000 and 14-28-118-047-0000
The parties of record before the Property Tax Appeal Board are
Frank J. and Vivian Waldron, the appellants, by attorneys Patrick
J. Cullerton and Timothy E. Wieher of Thompson Coburn Fagel
Haber, and the Cook County Board of Review.
The subject property, located in Lake View Township, contains two
improvements: a three-story, 111-year-old, multi-family masonry
dwelling containing three full bathrooms, three half-baths, a
full-unfinished basement, air-conditioning and two fireplaces as
well as a two-story, 115-year-old, single-family masonry dwelling
or coach house containing one and one-half bathrooms, air-conditioning
and a fireplace for a total of 6,286 square feet of
living area, or 4,636 and 1,650 square feet, respectively. The
subject's multi-family dwelling has the benefit of a 2001 Home
Improvement Exemption.
The appellants, through counsel, appeared before the Property Tax
Appeal Board arguing unequal treatment in the assessment process
of the improvements as the basis of the appeal. At hearing, the
appellants' vacancy argument was withdrawn by their attorney. In
support of the inequity contention, the appellants submitted
assessment data and descriptive information on sixteen properties
suggested as comparable to the subject. The appellants also
submitted a three-page brief, numerous location maps, photographs
and Cook County Assessor's Internet Database sheets for the
subject and the suggested comparables as well as a copy of the
board of review's decision. Based on the appellants' documents,
the sixteen suggested comparables consist of two-story or three-story,
multi-family dwellings of masonry construction with the