Non-Hotel Summary In Support Of Petition Non-Hotel Summary In Support Of Petition - Illinois

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Non-Hotel Summary In Support Of Petition Non-Hotel Summary In Support Of Petition - Illinois
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Non-Hotel Summary In Support Of Petition Form. This is a Illinois form and can be use in Cook Local County.

Page 1 of 7









NON-HOTEL

COOK COUNTY BOARD OF REVIEW 20

SUMMARY IN SUPPORT OF PETITION





(BOR SUMMARY SHEET, LOG FORM, APPRAISAL SUMMARY, SHORT AND LONG FORM AFFIDAVITS ARE NOT REQUIRED

WHEN SUBMITTING THIS PETITION.)





Residential Commercial Apartments/7 units or more 20 Complaint No.: ______________



Industrial Vacant Mixed Use Property _-__

_______________







(* THIS FORM IS NOT A SUBSTITUTE FOR DOCUMENTARY EVIDENCE IN SUPPORT OF THE REQUESTED VALUATION)



ANYINCOMPLETE FIELDS MAY RESULT IN A “NO CHANGE” DECISION – A CURRENT TRIENNIAL

PHOTOGRAPH(S) OF THE PROPERTY IS / ARE REQUIRED WITH EACH PETITION.







THE FOLLOWING DOCUMENTS ARE ATTACHED HERETO:

□ Original Photographs Compulsory Sales including Short sales,

□ Vacancy Occupancy avit Foreclosures, and Bank REO

□ Tax Returns

□ 200

□ 20

□ 

□ 

□ Income and Expense Statements

□ 

□ 

□ 

□ 



□ Appraisal

□ Sales Contract, Closing Statement, Deed, Transfer Declaration

□ Rent Rolls

□ Leases

□ Additional Documents:

When submitting this petition, please make sure to include at least the Affidavit (Page 6)

and the Summary (Page 7) pages from this document in your correspondence.



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Page 2 of 7









QUESTION ANSWER



1. LEAD PIN

Check if Multiple PIN(s)

2. TOWNSHIP

Select Township

3. PROPERTY ADDRESS







4. 2012 BOARD OF REVIEW COMPLAINT NUMBER



5. SUBJECT PROPERTY’S CLASSIFICATION / EXPLAIN USE – Class: _-__

OFFICE, RESTAURANT, INDUSTRIAL, ETC.

Use:



6. LIST THE 2011 AND 2012 PROPERTY LEVELS OF

ASSESSMENT (USE AGGREGATE BLENDED LEVELS OF 2011 LOA:

ASSESSMENT IF NECESSARY) 2012 LOA:

7. TOTAL BUILDING SQUARE FOOTAGE (GROSS

LEASEABLE SQUARE FOOTAGE)



8. NET RENTABLE AREA





9. LAND SQUARE FOOTAGE AND LAND TO BUILDING

Land SF: LBR:

RATIO



10. LIST THE 2011 AND 2012 REQUESTED CAPITALIZATION 2011 CAP: 2011 LOAD:

RATE AND TAX LOAD

2012 CAP: 2012 LOAD:

11. IS THE SUBJECT OWNER OCCUPIED? (ANSWER 100% OR 100% (Owner Occupied)

PROVIDE PERCENTAGE OF OWNER OCCUPANCY)

12. WHAT IS THE OCCUPANCY FOR 2011 IF THE SUBJECT

%

PROPERTY IS LEASED?

13. WHAT WAS THE OCCUPANCY FOR 2011 IF THE SUBJECT

%

WAS LEASED?

14. LIST THE ACTUAL OCCUPANCY FOR ALL YEARS SINCE 2006 %

2006 IN WHICH AN OCCUPANCY FACTOR WAS 2007 %

REQUESTED. 2008 %

2009 %

2010 %

2011 %

15. 2012 ASSESSOR’S FINAL FAIR MARKET VALUE







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16. 2012 ASSESSOR’S FINAL ASSESSED VALUE





17. 2011 BOARD OF REVIEW FINAL FAIR MARKET VALUE





18. 2011 BOARD OF REVIEW FINAL ASSESSED VALUE





19. REQUESTED 2012 FAIR MARKET VALUE





20. REQUESTED 2012 ASSESSED VALUE





21. AMOUNT OF REDUCTION GRANTED BY THE COOK

COUNTY ASSESSOR’S OFFICE (if any).

22. FIRST YEAR YOU OR YOUR LAW FIRM BEGAN

REPRESENTING TAXPAYER FOR THIS PROPERTY

23. BASIS FOR 2012 APPEAL TO BOARD OF REVIEW

Appraisal

(CHECK APPROPRIATE BOXES)

Income

Assessment Equity / Uniformity

Recent Construction

Contention of Law

Vacancy

Other

24. CHECK E >/^d & /Z D Zh &KZ >> z Z^ 2006 FMV:

d, d d, ^h:d WZKWZdz , ^ E ^h:d dK 2007 FMV:

E hEZs >h d/KE WW > SINC 2006

2008 FMV:

2009 FMV:

2010 FMV:

2011 FMV:

2012 FMV:

25. LIST ALL SALES AND TRANSFERS OF SUBJECT 2009

PROPERTY, INCLUDING 1031 EXCHANGES AND REIT

TRANSFERS SINCE JANUARY 1, 2009, INCLUSIVE OF THE

2010

YEAR AND TRANSFER AMOUNT. 2011

2012

26. LIST ALL APPRAISALS FOR THE SUBJECT PROPERTY 2009

(REGARDLESS OF PURPOSE AND INCLUDING

FINANCING APPRAISALS) FOR 2012 AND THE PREVIOUS 2010

THREE YEARS INDICATING THE YEAR AND 2011

CORRESPONDING OPINION OF FAIR MARKET VALUE. 2012



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27. LIST THE FINAL FAIR MARKET VALUE RESULTING FROM

PROPERTY TAX APPEAL BOARD SETTLEMENTS OR 2007

DECISIONS FOR THE LAST FOUR YEARS.

2008

2009

2010



28. CHECK E >/^d >> z Z^ t/d, E KWE

Wd   ^ 2007 PTAB#:

2008 PTAB#:

2009 PTAB#:

2010 PTAB#:

2011 PTAB#:





29. CHECK E >/^d >> z Z^ t/d, E KWE

 ^ d d, /Zh/d KhZd 2007 CASE#:

2008 CASE#:

2009 CASE#:

2010 CASE#:

2011 CASE#:





30. LIST THE FINAL FAIR MARKET VALUE RESULTING FROM

SPECIFIC OBJECTION LAWSUITS FROM SETTLEMENTS

2006 SPO

OR DECISIONS FOR THE LAST FOUR YEARS.

2007 SPO

2008 SPO

2009 SPO





31. LIST ALL ASSESSOR AND BOARD OF REVIEW ASSESSED CCAO BOR

VALUES AND FINAL MARKET VALUE DECISIONS FOR

2009 AV

THE LAST THREE YEARS.

2009 FMV



2010 AV



2010 FMV



2011 AV



2011 FMV









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Page 5 of 7









INCOME PRODUCING PROPERTIES

* Disclosures below must be supported by income and expense statements with affidavit consistent with

Board of Review Rules 20 and 21.



NON HOTEL PROPERTIES



<($5 $FWXDO $FWXDO $FWXDO 1HW 9DFDQF\ 6SHFLDO &LUFXPVWDQFHV

,QFRPH ([SHQVHV ,QFRPH



































Identify type of lease(s). (Check all that apply)



Gross



Modified Gross





Net



Triple Net









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Page 6 of 7







CERTIFICATION OF REPRESENTATIONS CONTAINED ABOVE THIS LINE:



STATE OF ILLINOIS

COUNTY OF COOK SS



I, ,

(NAME) (LAW FIRM) (BOR ATTORNEY CODE)

, being first duly sworn, state:

(LAW FIRM ADDRESS)





1. That upon diligent inquiry and based upon my belief each of the disclosures contained within

and attached herto are true and correct.



2. That the following clarifications of answers contained herein are hereby offered: _______________



___________________________________________________________________________________



____________________________________________________________________________________



____________________________________________________________________________________



____________________________________________________________________________________



____________________________________________________________________________________



____________________________________________________________________________________



____________________________________________________________________________________



____________________________________________________________________________________



____________________________________________________________________________________



____________________________________________________________________________________





Further Affiant sayeth not.



By: ________________________



,



Subscribed and Sworn to before me this day of , 2012.









Notary Public





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Page 7 of 7



SUMMARY OF PETITION FOR RESTORATION

COOK COUNTY BOARD OF REVIEW 2012 SESSION

Lead PIN 2012 BOR Complaint

Multiple PINs 2010 CAP+LOAD: 2011 CAP+LOAD:

Township Select Township First Year of Triennial Levels of Assessment

First Year Case was Represented 2011 2012



Address Property Class _-__ Property Type

Property Use

Gross Square Footage



Land Square Footage Basis for 2012 A peal



Land to Building Ratio CAP LOAD

Documents Included

2010

with Appeal

Net Rentable Area 2011



Increase from BOR 2011 to Assessor 2012 Amount of Assessor’s Reduction

COOK COUNTY ASSESSOR DATA COOK COUNTY BOARD OF REVIEW DATA

AV FMV AV FMV

2012 2012 2012 A pellant Requ st

2011 2011 2011 2011

2010 2010 2010 2010

2009 2009 9 2009



2012 Oc up. 100% (Owner Occupied) Appraisal(s) and FMV(s) Open Specific Objection(s) Open PTAB Case(s) Undervaluation

Appeal Year(s)

Percent Owner Occupied 9 2007 7

Leased Occupancy 2008 8

10

1 Leased Oc upancy 2009 9

11

Historical Occupancy 2010 10

12 11

2006 % 2011

Transfer(s) and FMV(s) Resulting FMV(s) from SPO(s) PTAB Settlement(s) /FMV(s)

2007 %

2009 2007 7

2008 %

2009 % 10 2008 8

2010 % 1 2009 9

2011 % 2 10 10

<($5 $FWXDO ,QFRPH $FWXDO ([SHQVHV $FWXDO 1HW 9DFDQF\ 6SHFLDO &LUFXPVWDQFHV

,QFRPH



































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