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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: $ 9,452
IMPR.: $ 28,647
TOTAL: $ 38,099
Subject only to the State multiplier as applicable.
PTAB/MKB/5-09
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PROPERTY TAX APPEAL BOARD'S DECISION
APPELLANT: Ursula Schlosser
DOCKET NO.: 06-22142.001-R-1
PARCEL NO.: 09-22-420-038-0000
The parties of record before the Property Tax Appeal Board are Ursula Schlosser, the appellant, by attorney Julie Realmuto of McCarthy & Duffy, Chicago, Illinois; and the Cook County Board of Review.
The subject property consists of a 41-year old, multi-level style dwelling of frame and masonry exterior construction containing 1,613 square feet of living area with a partial, finished basement, central air conditioning and a two-car garage.
The appellant submitted evidence before the Property Tax Appeal Board claiming unequal treatment in the assessment process as the basis of the appeal. In support of the equity argument, the appellant submitted a grid analysis detailing four suggested comparable properties. The comparables are multi-level frame and masonry dwellings that are 40 or 44 years old. The comparables contain from 1,444 to 2,004 square feet of living area and have improvement assessments ranging from $17.00 to $17.76 per square foot. The subject property has an improvement assessment of $20.66 per square foot. The appellant also submitted assessment data and building sizes on three additional comparables. However, descriptions of these comparables were not submitted. 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 offered the property characteristic sheets and a spreadsheet detailing one suggested comparable property. The comparable property consists of a multi-level frame dwelling that is 47 years old. The dwelling contains 1,150 square feet of living area and has an improvement assessment of $28.46 per square foot. Based on this evidence, the board of review requested confirmation of the subject's assessment.
