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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: $ 14,092
IMPR.: $ 55,348
TOTAL: $ 69,440
Subject only to the State multiplier as applicable.
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PROPERTY TAX APPEAL BOARD'S DECISION
APPELLANT: Michael Fisher
DOCKET NO.: 05-21306.001-R-1
PARCEL NO.: 02-06-113-010-0000
The parties of record before the Property Tax Appeal Board are Michael Fisher, the appellant, by attorney Julie Realmuto with the law firm of McCarthy & Duffy, Chicago, and the Cook County Board of Review.
The subject property is improved with a nine-year-old, two-story style dwelling of frame and masonry construction containing 3,476 square feet of living area with three and one-half bathrooms, a full-unfinished basement, air-conditioning, two fireplaces and a three-car attached garage.
The appellant's appeal is based on unequal treatment in the assessment process. The appellant submitted information on three comparable properties described as two-story, 13-year-old, frame and masonry dwellings for consideration. The comparables contain from 2,861 to 3,746 square feet of living area and have improvement assessments ranging from $9.05 to $9.97 per square foot of living area. The subject's improvement assessment is $55,348 or $15.92 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 four comparable properties consisting of two-story frame and masonry dwellings that range in age from seven to ten years. The comparables have the same neighborhood codes as the subject property. The dwellings range in size from 3,140 to 3,888 square feet of living area and have improvement assessments ranging from $16.23 to $17.44 per square foot of living area. Based on this evidence, the board of review requested confirmation of the subject's assessment.