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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: $ 36,828
IMPR.: $ 67,572
TOTAL: $ 104,400
Subject only to the State multiplier as applicable.
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PROPERTY TAX APPEAL BOARD'S DECISION
APPELLANT: Yakov Grinshpun
DOCKET NO.: 02-21861.001-I-1
PARCEL NO.: 10-23-333-042
The parties of record before the Property Tax Appeal Board
(hereinafter PTAB) are Yakov Grinshpun, the appellant; and the
Cook County Board of Review.
The appellant in this appeal submitted documentation to
demonstrate that the subject property was improperly assessed.
This evidence was timely filed by the appellant pursuant to the
Official Rules of the Property Tax Appeal Board. The evidence
included documentation of the subject's sale in June, 1999 for a
price of $290,000 as well as vacancy affidavits and rent rolls.
The data also reflects that the triennial reassessment period for
the subject was 2001 and that the subject's total assessed
valuation for that year was $104,399.
The board of review did not submit its "Board of Review Notes on
Appeal" nor any evidence in support of its assessed valuation of
the subject property. The board of review was defaulted on April
15, 2004. No evidence was submitted to explain the increased
total assessment for the subject in the second year of the
After reviewing the record and considering the evidence, the PTAB
finds that it has jurisdiction over the parties and the subject
matter of this appeal.
The appellant in this appeal submitted evidence in support of the
contention that the subject property was not accurately assessed.
The board of review did not submit any evidence in support of the
current assessment of the subject property as required by Section
1910.40(a) of the Official Rules of the PTAB. The PTAB has