(Continued on Next Page)
1 of 3
PROPERTY TAX APPEAL BOARD'S DECISION
APPELLANT: Developers Diversified Realty Corporation.
DOCKET NO.: 05-27629.001-C-2
PARCEL NO.: 30-19-300-019-0000
The parties of record before the Property Tax Appeal Board are Developers Diversified Realty Corporation, the appellant, by attorney Terry L. Engel of Deutsch, Levy & Engel, Chtd., Chicago; the intervenor, Thornton Township High School District #205, by attorney Michael Hernandez of Franczek Radelet & Rose, Chicago; and the Cook County Board of Review.
Prior to the hearing the parties reached an agreement as to the correct assessment of the subject property. This assessment agreement was presented to and considered by the Property Tax Appeal Board.
After reviewing the record and considering the evidence submitted, the Property Tax Appeal Board finds that it has jurisdiction over the parties and the subject matter of this Cook County appeal. The Property Tax Appeal Board further finds that the agreement of the parties is proper, and the correct assessed valuation of the property is:
LAND: $ 133,895
IMPR.: $ 575,105
TOTAL: $ 709,000
Subject only to the State multiplier as applicable.