Property Tax Appeal Board Decision 2004-27227-R-1 Brown

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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: $ 7,040
IMPR.: $ 69,278
TOTAL: $ 76,318
Subject only to the State multiplier as applicable.
PTAB/JBV
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PROPERTY TAX APPEAL BOARD'S DECISION
APPELLANT: Larry T. Brown
DOCKET NO.: 04-27227.001-R-1
PARCEL NO.: 17-22-109-129
The parties of record before the Property Tax Appeal Board are Larry T. Brown, the appellant, by attorney David Dunkin with the law firm of Arnstein & Lehr in Chicago; and the Cook County Board of Review.
The subject property consists of a 1,100 square foot parcel of land improved with a ten-year old, three-story, masonry, single-family dwelling containing 3,040 square feet of living area, two and one-half baths, two fireplaces, and air conditioning. The appellant argued unequal treatment in the assessment process as the basis of the appeal.
The appellant, via counsel, submitted information on three properties suggested as comparable and located on the same block as the subject. The properties are described as two or three-story, masonry, single-family dwellings with two and one-half baths, one or two fireplaces and, air conditioning. The properties range: in age from eight to 10 years; in size from 3,040 to 3,116 square feet of living area; and in improvement assessments from $13.16 to $17.29 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 improvement assessment of $69,278 or $22.79 per square foot of living area was disclosed. In support of the subject's assessment, the board of review presented descriptions and assessment information on four properties suggested as comparable located on the same street as the subject. The properties consist of three-story, masonry, single-family dwellings with two and one-half baths, two fireplaces, and air conditioning. The properties are ten years old, contain 3,040 square feet of living area, and have an improvement assessments of $24.08 per square foot of living area. Based on this evidence, the board of review requested confirmation of the subject's assessment.