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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.
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PROPERTY TAX APPEAL BOARD'S DECISION
APPELLANT: Joseph Uyeda
DOCKET NO.: 05-22414.001-C-1
PARCEL NO.: 10-27-400-054-0000
The parties of record before the Property Tax Appeal Board (PTAB)
are Joseph Uyeda, and the appellant, by attorney Dennis M. Nolan
of Bartlett and the Cook County Board of Review (board).
The subject property consists of a 26-year-old, one-story,
masonry retail/office building, containing approximately 2,160
square feet of building area sited on a 5,900 square foot parcel
and located in Niles Township, Cook County.
The appellant, through counsel, submitted evidence before PTAB
claiming that the subject's market value is not accurately
reflected in its assessment. This evidence was timely filed by
the appellant pursuant to the Official Rules of the Property Tax
In support of this argument the appellant submitted eight sales
of commercial buildings provided by an unidentified author. The
sales occurred between February 2001 and May 2004 for buildings
ranging in size from 6,400 to 15,000 square feet for prices
ranging from $255,000 to $1,200,000 or from $39.84 to $85.00 per
square foot of land and building. No analysis and adjustment of
the sales data was provided by the author prior to the concluding
estimate of market value of $149,040 or $69.00 per square foot as
of January 1 2004. The author of the sales data was not present
to testify to the submitted evidence and be subject to cross
examination. Based upon this evidence, the appellant requested a
reduction in the subject's total assessment to reflect the
reduced market value.
The board of review submitted "Board of Review-Notes on Appeal"
that disclosed the subject's total assessment of $85,030 which
reflects a market value of $223,763, or $103.59 per square foot
land and buildings as factored by the Cook County Ordinance level