Property Tax Appeal Board Decision 2004-22291-R-1 Gates

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Based on the facts and exhibits presented, the Property Tax
Appeal Board hereby finds a reduction 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: $ 7,347
IMPR.: $ 19,863
TOTAL: $ 27,210
Subject only to the State multiplier as applicable.
PTAB/cck/4-15
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PROPERTY TAX APPEAL BOARD'S DECISION
APPELLANT: Larry Gates
DOCKET NO.: 04-22291.001-R-1
PARCEL NO.: 02-11-413-013-0000
The parties of record before the Property Tax Appeal Board are
Larry Gates, the appellant, by attorney Julie Realmuto of
McCarthy & Duffy in Chicago, Illinois, and the Cook County Board
of Review.
The subject property consists of an 11,480 square foot parcel
which has been improved with a two-story, frame and masonry
single family dwelling which is 36 years old. The dwelling
contains 2,486 square feet of living area and features an
unfinished basement, fireplace, central air conditioning, and a
two-car garage. The property is located in Palatine, Palatine
Township, Cook County.
The appellant in this appeal submitted documentation to
demonstrate that the subject property's improvement was being
inequitably assessed. No dispute was raised with regard to the
land assessment. In support of the claim, the appellant
provided a grid analysis of three comparables along with a map
depicting the location of the subject and two of the comparables
and also photographs of the subject and the three comparable
properties.
Two of the comparables were located nearly 1.5 miles from the
subject property; the location of the third comparable is
unknown. According to the grid analysis, the comparable
dwellings consist of two-story, frame or frame and masonry
dwellings ranging in age from 33 to 48 years old. Two of the
comparables have unfinished basements and the third comparable