Property Tax Appeal Board Decision 2005-26366-R-1 Wolf

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Based on the facts and exhibits presented, the Property Tax
Appeal Board hereby finds no change 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: $ 6,531
IMPR.: $ 39,296
TOTAL: $ 45,827
Subject only to the State multiplier as applicable.
PTAB/BRW/Apr.09/05-26366
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PROPERTY TAX APPEAL BOARD'S DECISION
APPELLANT: Paul Wolf
DOCKET NO.: 05-26366.001-R-1
PARCEL NO.: 22-32-400-022-0000
The parties of record before the Property Tax Appeal Board are Paul Wolf, the appellant, by attorney Rusty Payton of the Law Offices of Rusty Payton, P.C., Chicago, Illinois; and the Cook County Board of Review.
The subject property is improved with a 16-year old, two-story style dwelling of frame and masonry construction containing 2,644 square feet of living area with a partial, unfinished basement, central air conditioning, a fireplace, and a two-car attached garage.
The appellant’s appeal is based on unequal treatment in the assessment process. The appellant submitted information on three comparable properties described as two-story frame or frame and masonry dwellings that range in age from 18 to 25 years old. The comparable dwellings range in size from 2,834 to 2,992 square feet of living area. Each comparable has a basement, a fireplace, and a garage, and one has central air conditioning. The comparables have improvement assessments ranging from $12.25 to $12.79 per square foot of living area. The subject’s improvement assessment is $14.86 per square foot of living area. Based on this evidence, the appellant requested a reduction in the subject's improvement assessment.
The board of review submitted its "Board of Review Notes on Appeal" wherein the subject's final assessment was disclosed. The board of review presented descriptions and assessment information on three comparable properties consisting of two-story frame and masonry dwellings that range in age from three to 18 years old. The dwellings range in size from 2,493 to 3,145 square feet of living area. Each comparable has a full, unfinished basement, central air conditioning, a fireplace, and an attached garage. These properties have improvement assessments ranging from $15.21 to $15.94 per square foot of living area. Based on this evidence, the board of review requested confirmation of the subject's assessment.