Property Tax Appeal Board Decision 2004-27310-R-1 Jacobson

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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: $ 26,911
IMPR.: $ 82,375
TOTAL: $109,286
Subject only to the State multiplier as applicable.
PTAB/JBV
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PROPERTY TAX APPEAL BOARD'S DECISION
APPELLANT: David Jacobson
DOCKET NO.: 04-27310.001-R-1
PARCEL NO.: 05-07-116-011
The parties of record before the Property Tax Appeal Board are David Jacobson, the appellant, by attorney William Seitz with the law firm of Fisk Kart Katz and Regan in Chicago and the Cook County Board of Review.
The subject property consists of a 10,679 square foot parcel of land improved with an 81-year old, two-story, frame, single-family dwelling containing 4,119 square feet of living area, two and one-half baths, a fireplace, air conditioning, and a full, finished basement. The appellant argued unequal treatment in the assessment process as the basis of the appeal.
In support of the equity argument, the appellant, via counsel, submitted information on a total of four properties suggested as comparable and located within the subject's neighborhood. The properties are described as two-story, frame or stucco, single-family dwellings with one and one-half, two or two and one-half baths, one or two fireplaces, and, for two properties, air conditioning. Basement information was not provided. The properties range: in age from 88 to 108 years; in size from 3,012 to 4,853 square feet of living area; and in improvement assessments from $15.91 to $19.00 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 improvement assessment of $82,375 or $20.00 per square foot of living area was disclosed. In support of the subject's assessment, the board of review presented descriptions and assessment information on three properties suggested as comparable and located within the subject's neighborhood. The properties consist of two-story, frame, single-family dwellings with between three and one-half baths, one fireplace, a partial or full basement, and, for two properties, air conditioning. The properties range: in age from 69 to 79 years; in size from 3,158 to 4,381 square feet of living area; and in improvement assessments from $22.18 to $22.31 per