Summary in support of petition Class 2-11 and 2-12 properties Complaint No: ______________ PIN No (lead only): __________________________ Property Type (check one) Class 2-11 Class 2-12 Current Assessed Value (all parcels) Current Market Value __________________ Assessment Level ______________ 2011 Assessed Value______________ Requested Market Value (all parcels) ________________Requested Assessed Value __________________ Are there any pending matters before the Illinois Property Tax Appeal Board? If yes, which years? _______________ yes Is this appeal based on lack of uniformity? no yes no What percentage of the property is owner occupied? _______________ Gross Sq. Ft. __________ Net Rentable Area ________________ Date of Purchase (if within last 3 years) __________ Purchase Price _______________ Cost to construct (if within last 3 years) _________________ Date of Construction ______________ APPRAISAL Fair Market Value ___________________ as of ___________________Date of Inspection ________ Purpose of Appraisal Purchase Refinance Real Estate Tax Appeal Other Range of Sales Comparables per sq. Ft.: ____________ Appraiser’s Potential Gross Income _______________ Appraiser’s total expenses ______________ Appraiser’s Capitalization Rate _______________ ECONOMIC ANALYSIS Number of Rental units ____________ Number of Commercial units _____________ Are tenants required to pay any share of taxes? yes no If yes, __________% and $_________ Overall Vacancy Level ____________ (if requesting relief based upon vacancy, a vacancy affidavit must be filled out and submitted along with pictures of the vacant space and documentation demonstrating the attempts being made to lease the vacant space) What portion if any of the property is subject to a non-arms length lease? ________________ Rental value of any owner occupied space ______________ Actual Income Actual Expenses (excluding property taxes, debt service and depreciation) 2008 __________________ __________________ 2009 __________________ __________________ 2010 __________________ __________________ 2011 __________________ __________________ *please note that income producing properties are required to submit 3 years of income and expense statements Suggested Capitalization Rate ____________ Tax Load ______________ Total _______________ American LegalNet, Inc. www.FormsWorkFlow.com