Property Tax Appeal Board Decision 2003-26048-R-1 Clarke

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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: $11,928
IMPR.: $69,589
TOTAL: $81,517
Subject only to the State multiplier as applicable.
PTAB/TMcG.
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PROPERTY TAX APPEAL BOARD'S DECISION
APPELLANT: Stanley Clarke
DOCKET NO.: 03-26048.001-R-1
PARCEL NO.: 14-20-124-030-0000
The parties of record before the Property Tax Appeal Board (PTAB)
are Stanley Clarke, the appellant, by attorney Edward Larkin of
Larkin & Larkin, of Park Ridge, and the Cook County Board of
Review (board).
The subject property consists of a 105-year-old, three-story,
three-unit apartment building of masonry construction containing
4,779 square feet of living area and located in Lakeview
Township, Cook County. The apartment property includes three
bathrooms, a full basement and a two-car garage.
The appellant's counsel appeared before the PTAB and submitted
evidence claiming unequal treatment in the assessment process as
the basis of the appeal. In support of this argument, the
appellant offered six suggested comparable properties located
within a quarter mile of the subject. These properties consist
of three-story, two or six-unit apartment buildings of masonry or
frame construction and range in age from 90 to 115 years. The
comparables include two or six bathrooms and full or partial
basements of which one is finished. Two sites have three or
four-car garages. The comparables contain between 3,207 and
8,268 square feet of living area and have improvement assessments
ranging from $31,879 to $93,254 or from $9.94 to $11.81 per
square foot of living area. Based on this evidence, the
appellant requested a reduction in the subject's assessment.
The board of review submitted its "Board of Review Notes on
Appeal" wherein the subject's final improvement assessment of
$69,589, or $14.56 per square foot of living area, was disclosed.
In support of the subject’s assessment, the board of review
offered three suggested comparable properties located within a
quarter mile of the subject. The comparables consist of three-story,
three-unit buildings of masonry construction. The