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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: $ 2,045
IMPR.: $ 17,283
TOTAL: $ 19,328
Subject only to the State multiplier as applicable.
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PROPERTY TAX APPEAL BOARD'S DECISION
APPELLANT: Vicky Esparza
DOCKET NO.: 04-25328.001-R-1
PARCEL NO.: 17-29-311-027
The parties of record before the Property Tax Appeal Board (hereinafter PTAB) are Vicky Esparza, the appellant, by Attorney Gregory Lafakis and Attorney Ellen Berkshire with the law firm of Verros Lafakis & Berkshire PC in Chicago; and the Cook County Board of Review.
The subject property consists of a land parcel with 2,037 square feet of area that is improved with a 122-year old, three-story, masonry, multi-family dwelling. This improvement contains 6,957 square feet of living area as well as four full baths and two half-baths as well as a partial basement and five apartments.
The appellant's appeal is based on unequal treatment in the assessment process. The appellant submitted information on three comparable properties for consideration. They are improved with a two-story or three-story, frame or masonry dwelling. They range: in apartments from three to four units; in baths from one to four; in age from 112 to 122 years; in size from 2,990 to 6,500 square feet of living area; and in improvement assessments from $1.74 to $2.25 per square foot of living area. The subject's improvement assessment is $2.48 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 for consideration located on the same street, as is the subject. They are improved with a three-story, masonry dwelling. They range: in apartments from three to six units; in baths from two to five; in age from 122 to 127 years; in size from 5,250 to 5,400 square feet of living area; and in improvement assessments from $2.92 to $3.84 per square foot of living area. Based on this evidence, the