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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:
Subject only to the State multiplier as applicable.
1 of 4
PROPERTY TAX APPEAL BOARD'S DECISION
APPELLANT: Chris Dosev
DOCKET NO.: 03-28407.001-R-1
PARCEL NO.: 13-23-107-001-0000
The parties of record before the Property Tax Appeal Board are Chris Dosev, the appellant, by attorney Gregory L. Lafakis of Liston & Lafakis, PC of Chicago and the Cook County Board of Review.
The subject property consists of an 80-year-old, three-story, class 3-18, mixed use building of masonry construction and located in Jefferson Township, Cook County. The apartment property includes a full basement.
The appellant, through counsel, submitted evidence before the PTAB claiming unequal treatment in the assessment process as the basis of the appeal. In support of this argument, the appellant offered three suggested comparable properties located within a mile of the subject. These properties consist of three-story or one and part two-story class 3-18, mixed use buildings of masonry construction and range in age from 77 to 95 years. The number of apartment units, apartment mix or number of commercial units was not disclosed. The 4905 buff card disclosed the buildings' square foot ground area was provided as the comparables' "Total Building Square Feet". Therefore, the comparables contain between 4,153 and 5,257 square feet of ground area and have improvement assessments ranging from $26,399 to $36,824 or from $5.02 to $8.86 per square foot of living area. Based on this evidence, the appellant requested a reduction in the subject's assessment.
The board of review submitted its "Board of Review Notes on Appeal" wherein the subject's final improvement assessment of $41,739, or $10.98 based on 3,800 square feet of ground area, was disclosed. The board's evidence disclosed the subject contains 8,500 square feet of building area or $6.88 per square foot. In support of the subject’s market value, the board disclosed the subject's total assessment of $58,500 which reflects a market value of $195,000 as factored by the Cook County Ordinance level of 30%. The board submitted sales evidence of six class 3-18 properties in support of its assessed valuation of the subject