(Continued on Next Page)
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: $ 5,924
IMPR.: $ 28,076
TOTAL: $ 34,000
Subject only to the State multiplier as applicable.
1 of 1
PROPERTY TAX APPEAL BOARD'S DECISION
APPELLANT: Thomas Smith
DOCKET NO.: 05-20738.001-R-1
PARCEL NO.: 01-02-205-004-0000
The parties of record before the Property Tax Appeal Board are Thomas Smith, the appellant, by attorney Michael Reynolds of Rieff Schramm & Kanter, Chicago, Illinois; and the Cook County Board of Review.
The subject property is improved with a two-story single family dwelling of frame construction containing 1,886 square feet of living area with a full unfinished basement and a two-car detached garage. The dwelling is approximately 99 years old.
The property in this appeal was the subject of an appeal before the Property Tax Appeal Board for the prior year under Docket No. 04-20480.001-R-1. In that appeal, the Property Tax Appeal Board reached a decision reducing the assessment of the subject property to $34,000 based upon equity and the weight of the evidence in the record as presented by the parties to the appeal.
The appellant's appeal is based on unequal treatment in the assessment process. The appellant first argued the subject property has the incorrect Cook County classification code. The appellant contends the subject is improperly classified as a class 2-11 apartment building. The appellant asserted the dwelling has been converted to a class 2-05 single family dwelling. The appellant submitted an affidavit stating that prior to January 1, 2004, he had converted the property from a 2-unit apartment building to single family residence.
To demonstrate the subject was inequitably assessed the appellant submitted information on eight comparable properties described as two-story frame dwellings that range in age from 93 to 153 years old for consideration. The comparables were described as single family dwellings that range in size from 1,704 to 2,184 square feet of living area. The appellant did not disclose whether the comparables had basements. The analysis indicated that one comparable has central air conditioning, three comparables have a fireplace and seven comparables have a 1, 2, 2.5 or 3-car garage.