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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: $ 3,500
IMPR.: $ 13,775
TOTAL: $ 17,275
Subject only to the State multiplier as applicable.
PTAB/APRIL.08/BUL-6845
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PROPERTY TAX APPEAL BOARD'S DECISION
APPELLANT: Gerhard H. Munstermann
DOCKET NO.: 06-20419.001-R-1
PARCEL NO.: 28-04-107-009-0000
The parties of record before the Property Tax Appeal Board are
Gerhard H. Munstermann, the appellant, by attorney Rusty A.
Payton of the Law Offices of Rusty A. Payton, P.C., Chicago,
Illinois; and the Cook County Board of Review.
The subject property is a 35-year old, one-story masonry dwelling
containing 1,250 square feet of living area. The dwelling has a
full unfinished basement, central air conditioning, and two-car
garage.
The appellant submitted evidence before the Property Tax Appeal
Board claiming unequal treatment in the assessment process. The
appellant submitted four suggested comparable properties located
in close proximity to the subject. The comparables are described
as one-story masonry dwellings that are between 25 and 49 years
old. Features had varying degrees of similarity when compared to
the subject. The comparables contain from 1,053 to 1,484 square
feet of living area and have improvement assessments ranging from
$7.06 to $8.55 per square foot of living area. The subject
property has an improvement assessment of $11.02 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 final assessment was disclosed. In
support of the subject's assessment, the board of review
presented property characteristic sheets and an assessment
analysis of three suggested comparables located in close
proximity to the subject. The comparables consist of one-story
masonry dwellings that are 29 to 38 years old. Features had
varying degrees of similarity when compared to the subject. The
comparables contain from 1,250 to 1,276 square feet of living
area and have improvement assessments ranging from $11.06 to
$11.83 per square foot of living area. Based on this evidence,